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Morningstar Now Informs Investors About ESG/Sustainable Mutual Funds -- And The Good News Is That ESG Funds' AUM Continues to Grow The authoritative voice for many investors on the always expanding mutual fund universe is the Chicago-based Morningstar organization. The company tracks mutual fund's in- and outflows, performance, focus and other aspects of [mutual fund] activities. The firm began adding ESG analysis to its legendary and comprehensive analytical work last year. About 200 mutual funds with ESG criteria were initially being monitored by Morningstar, with analysis provided by Sustainalytics. ** Now here's an important update for you: we are apparently on pace for a record year for ESG funds this year. In 3Q 2017, the universe of ESG funds (equity and fixed-income) continued to grow; there were five new fund launches and net flow (funds in) that "...keep the group on track for record year of attracting new assets." Morningstar explains that "Sustainable Mutual Funds" experienced continued growth in assets and heavier inflow through 2016 and into 2017; Assets Under Management were about $60 billion through September. New launches were by Brown Advisory, Essex, iShares and NuShares (four were bond funds and one, equity-focused). Notes Morningstar: Because many of these funds are "young," with almost 100 lacking three-year track records, they remain small (below $50 million AUM). But the good news is that with continued new fund launches and flows in continuing, sustainable funds continue to gain traction in 3Q 2017, offering investors more choices who are focusing on ESG / sustainable portfolios. The addition of ESG / Sustainable investing data and information to the influential Morningstar suite of services for investors was an important development, and a solid sign of ESG investing coming of age in the USA for the company's customers. Shortly after adding the ESG features, Morningstar made a strategic investment in Sustainalytics buying 40% of the firm earlier this year - another good sign for the sustainable investing community. There's good information for you in our Top Story. There's more news about sustainable investing here in this week's Highlights -- read on! Keep watch: We will soon be sharing news about our new "To the Point" corporate management briefing service. This new platform on launch will have lots of good, timely, actionable information about ESG players that influence the capital markets -- and public company access and cost of capital. For advance information, send an email to: **Footnote: Morningstar defines the ESG universe as fund that incorporate ESG criteria into their investment process (or) pursue a sustainability-related theme (or) seek measurable sustainability impact along with financial return. Top Stories This Week... Source: Morningstar - The universe of sustainable funds in the United States continued to grow in the third quarter, with five new fund launches and positive estimated net flows that keep the group on track for a record year of attracting new assets.
About Sustainability: Progress Is Being Made Goldman Says ESG Investing Has Gone Mainstream Profit vs impact: investors choose sustainability for better returns Sustainability Ratings Tell Half the Story Zurich emphasizes importance of environmental sustainability SMBs, Sort of Optimistic, Worry US Sustainable Practices Remain ‘In Jeopardy’ What does it look like to embed sustainability across an organization? Survey: Most businesses committed to sustainability and conservation Brands Talking Sustainability Source: Sustainable Brands - In addition to using organic fabrics made in ethically accredited, wind-powered factories, Rapanui created unique, interactive traceability maps that allow consumers to see where their clothing comes from and how it is made. The...
There’s enough wind energy over the oceans to power human civilization, scientists say Giant hole opens up in Antarctica as scientists look to find out what is to blame Oil rises on tighter market, but doubts swirl on sustainability
Each week we see a range of reports about the corporate sector and individual companies with "plus" (+) or minus (-) connotations. There is a lot going on in the global corporate sector -- we share highlights with you here: Google ditches Home Mini's top-touch panel feature after spying blunder Wells Fargo beats on earnings, sets aside $1 billion for legal woes Microsoft inks 15-year deal to buy energy from GE’s new wind farm in Ireland
News & Opinion: Asset Managers, US Pension Funds, Sovereign Wealth Funds NYC Pension Funds, RBC GAM Access Capital Team up for $450 Million Affordable Housing Plan(Thursday - October 12, 2017) Source: aiCIO China: ruler's wealth up to 900b USD
Trump Administration News / Affecting Directions on Governance & ESG Trump to sign order to eliminate ACA insurance rules, undermine marketplaces (Monday - October 09, 2017) Source: Mondovisione.com Hurricanes 2017 - The Bigger Picture |
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The Sustainability Highlights eNewsletter is prepared by Governance & Accountability Institute, Inc. based on continuous monitoring of trends and developments in Sustainability and ESG. Governance & Accountability Instiute is the “Sustainability Headquarters™” for clients in the corporate, investment, public and social sectors. Based in New York, G&A is a for-profit consulting organization providing a range of value-added strategies, services and resources related to ESG & sustainability to clients in the corporate and capital markets communities.For G&A's full range of services, click on each of the links below: For more information, contact Governance & Accountability Institute, Inc. | |||||||||||||||||||||
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