Hedge Funds

Baltzell pushes eco-friendly investing


Hedge fund managers got an earful about the merits of "environmentally-conscious" investing at a gathering held at UBS headquarters in Stamford, Connecticut in early November. Headlining the talk was Hewson Baltzell, president of the New York-based advisory and asset management group, which runs a number of hedge fund and alternative investment portfolios. Baltzell told an audience of about 50 that socially-conscious investing need not be purely altruistic. In fact, Baltzell says that measuring a company's ethical approach is a great way to evaluate its management team and pointed to a case when Innovest's advisory group was able to