Never have there been such interest in all things ESG. The pandemic hit a reset button and prompted people to focus on what they see as most important, especially climate change and diversity and inclusion. With this shift in mindset, the momentum demanding real action is gaining strength. But before real action can be witnessed, companies need to be able to quantify these issues and track their progress—that’s why so much effort is currently being spent on raising the bar when it comes to ESG disclosures.
Resource Search
Mexico is at a pivotal point in the evolution of its energy markets. In the last few years it has passed reforms to liberalize its oil, gas, and electricity markets with the intent of attracting private investment to build out its energy infrastructure. Driven primarily by increased demand in the electricity sector, Mexico’s natural gas market has grown at an average annual rate of 3.5 percent over the past decade.
Continuing a trend of the past five years, exchange-traded funds (ETFs) grew in assets under management in 2020. However, the fact remains that the ETF continues to be a one-size-fits-all solution that isn’t optimal for everyone. The flexibility of a custom passive separately managed account (SMA) can beat an ETF in terms of tax efficiency in many cases. Three advantages of the SMA illustrate the benefits.