"China, Russia and Turkey are among 49 countries that are ’non-investable’, according to an analysis of their potential for long-term sustainable development by Candriam. Of the 35 advanced economies analysed – based on the definition used by the International Monetary Fund – only Greece came out as non-investable. Out of the 88 emerging economies, 48 were classified as non-investable."
[COMMENTARY] Candriam have completed a fascinating analysis of investible countries based on ESG criteria. What is especially interesting is that this analysis applies to both equity and bond investing.
Candriam: ESG analysis deems 49 countries ’non-investable, by Susanna Rust, September 29, 2017, IPE, UK.