Fund Trends: Sorting out fears of an ESG bubble
Does the world have the level of investment it needs to achieve a carbon-neutral transition?
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Shareholder engagement succeeds in pushing corporate changes
Julie Gorte of Impax Asset Management talks biodiversity
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The difference a quality job makes
How can quality jobs reduce inequalities? Sarah Bratton Hughes at Schroders lays out the concept and Ana Herzog joins the podcast from Brazilian retail giant Magazine Luiza, which implemented a bold strategy to increase the number of Black Brazilians in its upper management.
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SEC advisory committee recommends diversity, ESG disclosures
Chairman Gary Gensler says agency is looking into what asset managers mean when they call funds ‘sustainable.’
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Why ESG funds could thrive beyond the tech rally
Value stock boom may encourage ESG stock growth, according to Bank of America analysis.
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AMG acquiring $47 billion ESG manager Parnassus
Parnassus Investments will continue to operate independently, with the CEO and CIO remaining in place.
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GOP senators ask whether ESG investing hurts federal retirement savers
Sens. Patrick Toomey, R-Pa., and Ron Johnson, R-Wisc., say proxy votes by BlackRock and State Street Global Advisors promote ‘left-leaning’ ESG priorities over investment returns.
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Federal government’s retirement plan to add ESG funds
Starting in 2022, the Thrift Savings Plan will offer a new mutual fund window that will include ESG funds.
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J.P. Morgan acquisition gives wealth managers another ESG tool
The bank is expected to pair OpenInvest with 55ip to enhance its private banking technology platform.
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SEC disclosure plan sets up clash with Amazon and others
Rules under consideration by the SEC that would require corporations to disclose climate risks will lead to shareholder lawsuits, according to Wall Street..
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Winklevoss cryptocurrency exchange buys $4 million in carbon credits
Gemini Trust’s Climate Vault donation will prevent 341,000 metric tons of carbon from entering atmosphere.
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Funds and financial services firms need ESG strategies
U.S. sustainable funds attracted more than $50 billion in capital last year, doubling from 2019.