For investors in green mutual funds, performance is ‘a wash’
Investing in green mutual funds paid off last year as several top funds outperformed those without a sustainable focus. Over a longer period, though, the picture is more mixed.
Investing in green mutual funds paid off last year as several top funds outperformed those without a sustainable focus. Over a longer period, though, the picture is more mixed.
An exchange-traded fund from the New York-based money manager has attracted more than $600 million this week, despite only starting trading on Friday, data compiled by Bloomberg show. That’s the best debut for any U.S. ETF this year, and a sign BlackRock isn’t the only one that sees climate change as a defining factor in companies’ long-term…
Index provider MSCI has created a tool designed to measure the potential impact of climate change on company valuations.
State Street Corp. said three out of four companies haven’t made meaningful progress on environmental, social and governance issues. The asset manager is putting them on notice.
The sustainable investing movement got another boost Tuesday when global research and data provider MSCI challenged the entire investing community to step up its game when it comes to supporting environment, social and governance causes.
If you need some clarity around social investing, don’t look to the world’s biggest money manager for help. Larry Fink, chief executive officer of BlackRock Inc., threw social investing into the spotlight on Tuesday in his annual letter to America’s CEOs.
Sustainable investing will go down as one of the hottest investment categories of 2019, according to the year-end tally from Morningstar showing $20.6 billion in net flows into sustainable funds last year.
Interest in socially conscious investing remains on the rise, according to a pair of recent InvestmentNews surveys of financial advisers and investors. But as the practice matures from relatively simple social responsibility screens to more holistic assessments of environmental, social and governance factors, financial advisers may misunderstand what makes this brand of investor tick.