Growth in ESG assets
Rapid expansion in investments that follow sustainable guidelines, which now make up a third of all professionally managed assets in the U.S.
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BlackRock, Vanguard not that supportive of shareholder ESG resolutions
BlackRock voted in favor of just 11% of climate resolutions in the 12 months ended in August, while Vanguard voted in favor of 15%.
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ESG priorities for the Biden administration?
Fiona Reynolds, CEO of the UN’s Principles for Responsible Investment, says her group would like the Biden administration to prioritize climate change.
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Fidelity launches sustainable emerging market ETF
Investment manager adds to its Sustainable Research Enhanced Equity ETF options.
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How advisers can advocate for gender lens investing
Gender lens investing is poised to give advisers an edge as ESG assets soar.
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ESG investing can foster cohesion in wealthy families, Barclays finds
The study suggests younger generations are influencing their elders and persuading them to act.
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Biden’s SEC chair likely to take ‘hard look’ at ESG
Democratic member Caroline Crenshaw predicts climate risk will likely be on the agenda at the agency.
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Goldman picks its winners in ESG sweepstakes
50 companies on the S&P 500 that should get a boost from money managers who increasingly use ESG criteria to pick stocks.
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New bill would require advisers to consider SRI in retirement plans
Michigan Democrat Andy Levin plans to introduce two bills in the House addressing ESG.
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Banks set accounting standards for climate impact of deals
Morgan Stanley, Bank of America and Citigroup among those set to measure effect of real estate, mortgages and other assets.
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BlackRock’s Fink says investors are shifting to ESG-focused firms
CEO says companies that best embrace ‘stakeholder capitalism’ are outperforming their peers and will continue to do so.
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Trump administration pushes regulations across finish line in waning days
While President Trump disputes the election results, his administration is keeping busy during its waning days pushing regulations that affect financial advisers over the finish line. But the last-minute rush could leave rules vulnerable to being overturned after President-elect Joe Biden takes office in January. In addition, rules could be rescinded by Congress, depending on…