Beyond the ESG Portfolio: How Wall Street Can Help Democracies Survive [Hardcover]

How to be confident that your ESG investments serve your clients needsand take Democracy into account

It is easy to unintentionally finance autocrats by using benchmark indices, which often include bonds and stocks of countries slipping down the democracy rankings. Despite best intentions, an investor may be investing in Russias invasion of Ukraine or supporting a leader like Hugo Chavez without realizing it. This is the kind of situationBeyond the ESG Portfolio sheds clear light on.

In this timely book, Marcos Buscaglia, a Latin America economist, emerging markets expert, and an emerging voice on the relationship between democracy and markets, argues that the current ESG criteria has brought environmental and social standards into investment decisions, but its approach to democracy needs to be refined. Youll learn everything you need to know about the connection between Wall Street and the economic, social, and foreign policies of Turkey President Recep Tayyip Erdoan, Hungary Prime Minister Viktor Orb?n, Russia President Vladimir Putin, China President Xi Jinping, and a host of Latin American autocrats, and how ESG criteria has not been able to stop markets from funding their regimes  

Investors need to trust that their portfolio managers are using their money for good when they allocate funds to ESG.Beyond the ESG Portfolioshows how to make the most informed and nuanced decisions for every one of your clients. 


A groundbreaking and visionary book... Marcos Buscaglias insights are crucial, as we need more people like him in the financial industry who understand and promote the transformative potential of ethical investments in democracies.
GARRY KASPAROV, Chairman, Human Rights Foundation


An unusual mixture of politics, economics, finance, and detailed knowledge of how the world works, Marcos Buscaglias fascinating new book provides both sharp analyl3ˆ