The “GameStop Incident” and Why Sustainable Investment Funds May Be at Greater Risk
The Bottom Line: A parallel exists between recent GameStop volatility, a stock’s vulnerability to social media actions and the potential exposure of sustainable investment funds. Introduction and Summary A convergence of factors recently empowered a group of retail traders to fuel stock market volatility and disrupt trading in some U.S. listed stocks. Extraordinary price volatility… Continue reading about The “GameStop Incident” and Why Sustainable Investment Funds May Be at Greater Risk
Touchstone acquires mutual funds from AIG’s SunAmerica
The Bottom Line: Touchstone Investments acquires the mutual funds business managed by AIG’s SunAmerica Asset Management and will integrate 12 funds with about $7.5 billion.
Acquisition of ACRe by ISS continues consolidation trend in ESG space
The Bottom Line: The ISS announced acquisition of ACRe on Monday continues consolidation trend in the ESG space, now with a focus on U.S. municipals.
2020 Review: Sustainable ETFs and ETNs
The Bottom Line: Sustainable ETFs/ETNs in 2020 experienced significant growth and ended the year at $93.1 billion across 154 funds. The ESG Integration-Mixed approach dominates. Sustainable ETFs in 2020 experienced significant growth and ended the year at $93.1 billion in assets Sustainable ETFs[1], dominated by funds that pursue an ESG Integration-Mixed[2] approach to sustainable investing,… Continue reading about 2020 Review: Sustainable ETFs and ETNs
SEC subcommittee introduces preliminary ESG reporting and disclosure recommendations for funds
The Bottom Line: SEC Asset Management Advisory subcommittee introduced preliminary set of potential ESG investment product reporting and disclosure recommendations at December 1, 2020 meeting. SEC subcommittee introduced preliminary set of potential ESG investment product reporting and disclosure recommendations At the December 1, 2020 SEC meeting the ESG subcommittee of the Asset Management Advisory Committee… Continue reading about SEC subcommittee introduces preliminary ESG reporting and disclosure recommendations for funds
Limited number of ETF re-brandings vs. mutual funds
The Bottom Line: iShares ESG Advanced HY Corporate ETF only 4th re-branded index fund in last 12-months during interval when just 12 ETFs were repurposed. [ihc-hide-content ihc_mb_type=”block” ihc_mb_who=”reg” ihc_mb_template=”4″ ] The Bottom Line: iShares ESG Advanced HY
Morgan Stanley acquires Eaton Vance and gains $98.2 in sustainable AUM
The Bottom Line: Morgan Stanley acquires Eaton Vance and is expected to rank seventh in sustainable fund assets under management with $150 billion in AUM. [ihc-hide-content ihc_mb_type=”block” ihc_mb_who=”reg” ihc_mb_template=”4″ ]
Sustainable Funds Monitor: September 2020
The Bottom Line: After twelve consecutive monthly increases in AUM, sustainable funds and ETFs took a breather to end Q3 with $2,814.5 billion in assets.