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ESG investing can foster cohesion in wealthy families, Barclays finds
ESG NOV 23, 2020
ESG investing can foster cohesion in wealthy families, Barclays finds

The study suggests younger generations are influencing their elders and persuading them to act

JPMorgan says rebalancing could mean $300 billion exits stocks
EQUITIES NOV 23, 2020
JPMorgan says rebalancing could mean $300 billion exits stocks

The strong equity performance so far this month means large investors like balanced mutual funds may need to shift money into bonds before year-end

Biden's SEC chair likely to take 'hard look' at ESG
ESG NOV 20, 2020
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

Macquarie and Wilshire to offer private investments fund
ALTERNATIVES NOV 20, 2020
Macquarie and Wilshire to offer private investments fund

Delaware Wilshire Private Markets Fund has $25,000 minimum

Goldman picks its winners in ESG sweepstakes
ESG NOV 20, 2020
Goldman picks its winners in ESG sweepstakes

Analysts choose 50 companies in the S&P 500 that should get a boost as money managers increasingly use ESG criteria to pick stocks

New bill would require advisers to consider socially responsible investing in retirement plans
RETIREMENT PLANNING NOV 19, 2020
New bill would require advisers to consider socially responsible investing in retirement plans

Michigan Democrat Andy Levin plans to introduce two bills in the House addressing ESG

T. Rowe Price to launch new asset management business
ETFS NOV 19, 2020
T. Rowe Price to launch new asset management business

The new platform will be seeded with six funds managing $167 billion in a effort to manage capacity issues

BlackRock's Fink says investors are shifting to ESG-focused firms
ESG NOV 19, 2020
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

Vanguard, Fidelity fall short in ESG fund ratings
ESG NOV 18, 2020
Vanguard, Fidelity fall short in ESG fund ratings

Morningstar gave both asset managers low scores on incorporating ESG factors into investment decisions

Morningstar integrates ESG factors into its overall analysis
ESG NOV 17, 2020
Morningstar integrates ESG factors into its overall analysis

The company will use environmental, social and governance risk ratings as part of a new commitment-level evaluation

DFA plans $20 billion dive into ETF market
MUTUAL FUNDS NOV 17, 2020
DFA plans $20 billion dive into ETF market

In addition to three new ETFs, Dimensional Fund Advisors will convert six mutual funds

Should 401(k)s require a test for savers to invest outside of target dates?
RETIREMENT PLANNING NOV 17, 2020
Should 401(k)s require a test for savers to invest outside of target dates?

Terms like 'mutual fund' and 'passive investing' are misunderstood, and those who can't define them are less likely to invest and save for retirement, according to a new report

InvestmentNews to host 2nd annual ESG Summit & Film Festival with the UN Office of Partnerships
ESG NOV 17, 2020
InvestmentNews to host 2nd annual ESG Summit & Film Festival with the UN Office of Partnerships

The virtual event is designed for individual advisers, RIAs and financial professionals looking for strategies behind integrating ESG

Robinhood army swells thematic ETFs
MUTUAL FUNDS NOV 17, 2020
Robinhood army swells thematic ETFs

Funds built around a theme have taken in more than $20 billion so far this year

7 reasons donor-advised funds can be a good place for impact investing
OPINION NOV 17, 2020
7 reasons donor-advised funds can be a good place for impact investing

DAFs can help investors surmount various barriers that discourage them from getting started with investments seeking social and environmental returns

Green wave drives ESG assets over $17 trillion
ESG NOV 16, 2020
Green wave drives ESG assets over $17 trillion

A new report shows ESG assets now make up a third of all managed money, according to The Forum for Sustainable and Responsible Investment

SEC fines five firms $3 million over unsuitable exchange-traded volatility products
ETFS NOV 13, 2020
SEC fines five firms $3 million over unsuitable exchange-traded volatility products

American Portfolios, Benjamin Edwards, Royal Alliance, Securities America, Summit Financial to pay

Businesses worldwide should prepare to disclose climate risk
ESG NOV 13, 2020
Businesses worldwide should prepare to disclose climate risk

The Federal Reserve and the U.K. Treasury have both released positions on climate risk disclosure

Amway's 401(k) at center of lawsuit
RETIREMENT PLANNING NOV 11, 2020
Amway's 401(k) at center of lawsuit

The multi-level marketing company's plan had allegedly excessive fees, according to the complaint

Biden administration needs to consider climate change at every turn
OPINION NOV 11, 2020
Biden administration needs to consider climate change at every turn

Biden should prioritize climate when he picks the EPA, FERC and transportation chiefs, as well as other cabinet positions