In a significant development for the investment management industry, a large adviser agreed to pay a hefty $17.5 million ...

"The so-called '80% rule' will not stop fund managers from greenwashing because the definition of 'ESG' itself is far too vague for even the SEC to define accurately," he said in an email.

DEFINITION: ESG stands for Environmental, Social and Governance. Therefore, ESG reporting pertains to the disclosures which businesses make regularly on these topics, whether for voluntary or ...

ESG bonds fund sustainability projects, either directly or indirectly. In 2024, global ESG debt eclipsed $6.3 trillion. ESG bonds generally offer lower interest rates but are valued for their ...

Environmental, social, and governance (ESG) funds hold securities issued by companies and organizations that actively manage their ESG risks. ESG investors believe companies managing ESG risks ...

This language is not much of a variation from the traditionally accepted definition of fiduciary duty. Under the existing language, Florida was already able to take steps to pull back from ESG funds.

Monitor a fund’s ESG factors and perform ESG stock research to construct portfolios.

At BlackRock, clients pulled more than $2.4 billion from its passive opened-ended funds and ETFs last quarter, Morningstar ...