Local investors paying attention to new themes

Affin Hwang Asset Management (Affin Hwang AM) (pic) director of equity strategies and advisory Gan Eng Peng pointed out that companies sitting in the less environmentally friendly sectors are seeing an underperformance in their share prices and describes the situation as “a decoupling of share price action versus underlying fundamentals.”

THE impact of ESG investing in Malaysia is already happening, according to fund managers and equity research analysts.

Affin Hwang Asset Management (Affin Hwang AM) director of equity strategies and advisory Gan Eng Peng pointed out that companies sitting in the less environmentally friendly sectors are seeing an underperformance in their share prices and describes the situation as “a decoupling of share price action versus underlying fundamentals.”