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Qatar World Cup controversies raise profile of sports-related ESG, says portfolio manager

9
James Rogers
·4 min read
Qatar World Cup controversies raise profile of sports-related ESG, says portfolio manager

The controversial Qatar World Cup is raising the profile of sports-related Environmental, Social, and Governance investing, according to Luis Garcia Alvarez, equity portfolio manager of the MAPFRE AM Behavioral Fund. “If there’s one thing that has characterized the weeks and months leading up to this World Cup in Qatar, it’s the controversies surrounding the social and ethical implications that choosing this host country has had, with the situation further clouded by suspicions surrounding possible governance failures at FIFA when the host country was being selected,” he said, in a statement emailed to MarketWatch.

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