A growing body of evidence suggests a gaping disconnect between what ESG investors expect and what some ESG funds are actually investing in. For asset managers, this poses significant reputational risk that can feature angry investors, lost credibility, regulatory scrutiny, ...

An ESG study shows that investing in ESG funds is like trying to navigate “the Wild West” as both regulations and enforcement fall short, according to Andrew Behar, the chief executive of As You Sow. The shareholder advocacy group spearheaded ...

403(b) plans have become more like 401(k) plans in recent years, trimming down investment menus and using automatic features to improve participation rates — but they are ahead of their for-profit industry counterparts in two key areas: ESG and annuities. ...

The National Association of Plan Advisors has launched a certificate program designed to help retirement plan advisers evaluate environmental, social and governance investing opportunities. The NAPA ESG Investing for 401(k) Plan Advisors Certificate Program is designed to provide the advisers ...

As the global ESG investing space ponders the possibility of universal standards and definitions to help add more structure and uniformity, it might be time to start worrying about oversight becoming too strict in a part of the wealth management ...

As trillions of dollars flow into ESG strategies, global investors are becoming frustrated with the hodgepodge of standards and ratings designed to guide their allocation decisions and are clamoring for more uniform rules. Dimensional Fund Advisors, the U.S. giant with about ...

An advisory panel to the Securities and Exchange Commission encouraged the agency Wednesday to implement diversity disclosures by registered investment advisers and funds, and strengthen environmental, social and governance disclosures for public companies and investment products. The SEC’s Asset Management ...

Affiliated Managers Group is buying a majority interest in San Francisco-based Parnassus Investments, a $47 billion fund group that has focused on responsible investing for the past 35 years. With the addition of Parnassus, AMG’s assets dedicated to environmental, social ...

The nation’s largest retirement program — the federal government’s Thrift Savings Plan — will begin offering ESG funds in the summer of 2022 through a new mutual fund “window” similar to a brokerage option. As reported by Barron’s, the fund ...

In the latest example of the wealth management industry adjusting to the growing demand for sustainable investing products and strategies, J.P. Morgan on Tuesday announced the acquisition of OpenInvest, a technology platform that helps financial professionals customize and report on ...