While ESG investing has gotten tangled up in US politics, Bjarne Graven Larsen says it's a a tool through which to find assets that “will be profitable — very profitable — in the future.”
Flows, launches and mutual fund conversions have fueled growth of actively-managed ETFs, and one driver could be investors hunting for non-correlated investments.
Advisors on the Envestnet platform use allocation models, company executives say. Building ETFs that combine passive investments with active management for those models is the next logical step.