If ordinary folks want to mimic the master, the last place they should be parking their funds is the S&P 500.
The money management behemoth can improve the smart beta landscape in three important ways.
Calpers is attempting to turn ESG investing on its head. Rather than divest from companies it deems undesirable, it will engage those companies and attempt to improve them from the inside.
There is a new generation of financial companies that already lives up to the DOL's proposed rule.
