The macroeconomic environment and the market’s response to a somewhat aggressive tone from the Fed has created challenges for income-oriented investors.
Momentum around ESG has grown as businesses search for ways to mitigate reputational and business risks in the face of growing pressure for more socially conscious practices.
The new rules are meant to discourage runs like the one in March 2020 and shield remaining shareholders from costs tied to the high level of redemptions.
