The agency is floating tighter rules that would require certain funds to have at least 80% of assets correspond to investment strategies listed in their names.
Without standardization, institutional investors have some trouble incorporating the data.
Initially, the program will be available to UK investors, but it could eventually expand to all fund shareholders.
The prospect of providing clients with a custom portfolio that meets their guidelines is something advisers see as adding value to their services.
Instead of making decisions exclusively on its own, Vanguard will give individual investors in several equity index funds more options about how their shares are voted.
The firm's president says sustainable investing is a long-term approach: 'We try to invest in the next economy rather than the last economy.'
Some view it as a political issue, but demand is strong, and asset managers appear undeterred.
Products that have high sustainability scores but aren't necessarily labeled as ESG are cheaper, according to a YCharts report.
In an appearance at SIFMA's annual conference, the SEC leader declined to provide a timeline for final regulations on his broad agenda.
Manisha Ali 'will help build and shape the Investors Solutions Responsible Investing franchise.'
Federated Hermes has indicated that it will end membership of the State Financial Officers Foundation.
There’s a lot more than control of the House and Senate on the ballot in November, especially for Gary Gensler and the SEC.
There's some chance that members of both parties will want to open private markets to more ordinary investors.
The ESG product would seek to expand disaster coverage and provide pricing transparency.
The unit, Transition Capital, is part of BlackRock Alternatives and will be led by Dickon Pinner, former head of McKinsey Sustainability.
The product appears to be the first retail fund that the Boston-based institutional manager would provide.
The asset management firm is doing better on disclosure but has a long way to go, activist group says.
Pilot program marks the first time mutual fund and ETF investors have been asked their opinions on proxy matters.
The final rule is coming out at a time when sustainable investing has become a political flashpoint.
Fintech firms are joining forces to help investors avoid the pitfalls of greenwashing.
