2 Very Different Approaches to Sustainable Investing
One excludes ESG ratings; the other creates its own ratings using artificial intelligence and big data.
Trump's Pick for Bank Watchdog Ripped for Pre-Crisis Performance
Randal Quarles, a former Treasury undersecretary and private equity firm partner, would be the Fed's first-ever vice chair for supervision.
Betterment Streamlines Offerings; Cuts Fees and Minimums on Premium Accounts
Betterment has eliminated its Betterment Plus offering and moved those clients into its Premium accounts.
Morningstar Acquires 40% Stake in ESG Ratings Firm Sustainalytics
The acquisition extends a partnership with Sustainalytics, which provides the analysis for Morningstar's ESG ratings of mutual funds and ETFs.
Seward & Kissel Launches Regulatory Compliance Service: Portfolio Products
Also, GuideStone Funds introduces a strategic alternatives fund and USCF launched two three-times leverage oil funds.
Bob Doll Sees Stocks Rising; Scores His 10 Predictions
Nuveen's top equity strategist acknowledges investor worries but expects global growth will be strong enough to push equities even higher.
Morningstar, MMI Launch Sustainable Investing Initiative
The program is focused on educating financial advisors about ESG investments because an increasing number of clients are demanding them.
Schwab’s Robo-Related Assets Surge to $19.4B in Q2
Meanwhile, TD Ameritrade says its total client assets jumped 20% from last year.
If You’re an Asset Manager Embracing Change, the Future Is Bright: Cerulli
The traditional distribution model is changing and managers must find ways to stay relevant, according to Cerulli.
Betterment Launches SRI Portfolio Strategy; Wealthfront Planning One
Both robo-advisors say the strategies are a direct response to growing demand from clients.