Some of the biggest companies in the world—McDonald's, Philip Morris, BP—are shunned by ESG funds.
Just three in ten large-cap mutual funds outperformed the S&P 500 Index over the past year, according to data released this week. The numbers fall even further the longer back you look.
Defensive plays are getting smoked.
Valuations can vary widely among money managers. As mutual funds and pension funds race into private markets, investors should tread carefully.
WealthManagement.com speaks with expert Claire Veuthey on what financial advisors most need to know about ESG rating systems.
Municipal-bond mutual funds and exchange traded funds have pulled in about $46.9 billion over the last 38 straight weeks. That’s the biggest cash haul since 2010.
UBS has made a sustainable high-yield bond fund available to clients in the U.S.
Globally, more than $30 trillion is invested in ESG strategies and that amount is only expected to grow.
Active managers fear the money pouring into their passive rivals.
More family offices are poised to integrate ESG and impact as millennial heirs inherit fortunes.