A plaintiff alleges that ESG led to lower returns, but the case brought against American Airlines' defined-contribution plan might be more political than substantive.
Less than 1% of active sustainable funds have investments in tobacco producers, data from Morningstar Direct show.
Keeping retirees in the plan helps both participants and sponsors save on costs, but many 401(k)s are lacking income options.
Diversity among financial advisors is currently lacking, and the Supreme Court's ruling is unlikely to help.
As wealthier clients approach retirement, advisors must focus on income strategies, Hearts & Wallets says.
Regulatory changes, social pressure and demand from clients are keeping fund companies focused on ESG, according to a survey.
The list of priorities put together by the House Committee on Financial Services' ESG working group shows where a Republican administration might be headed.
There are lessons in the data for politicians who are pro- or anti-ESG, but the numbers might be dismissed.
The measure, which could survive the governor's veto, would still allow ESG factors that are 'pecuniary.'
Investors who see risk associated with ESG are in for a surprise.
