Speakers emphasized the distinctions between ESG and sustainable investments and the need for greater regulatory clarity between jurisdictions.
Traders favored equities in the beginning of the third quarter as Wall Street posted gaining, but they preferred fixed-income funds in the quarter’s second half as stocks slid.
The latest data from Alight Solutions show two above-normal trading days in August, with investors favoring equities during 13 of the 23 trading days.
CalSTRS will move 20% of its public equity portfolio to a passive, low-carbon strategy.
According to a Charles Schwab report, average balances across all self-directed brokerage accounts finished 19% lower than a year ago.
DeSantis contends that applying climate and racial sensitivity to asset allocation could harm financial performance.
401(k) savings rates remained near record levels.
August 4 letter to CEO Larry Fink seeks ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’
Funded ratio for the 100 largest U.S. public funds fell to 74.0%
Governor moves to bar the State Board of Administration from adopting ESG-investing tenets.
Economic and geopolitical challenges significantly diminish last year’s gains.
Plan sponsors must consider life expectancy at retirement rather than what is projected at birth.
All but three days in the month had net trading flows going from equities to fixed income.