Tag: environmental social and governance investing

Barry’s Pickings: DOL’s Fiduciary Theory: Fundamentally Incoherent

Michael Barry, president of O3 Plan Advisory Services LLC, discusses the inconsistencies in the Department of Labor’s (DOL)’s theory of retirement plan sponsor fiduciary responsibility, especially with respect to participant choice, and the consequences of its failure to provide clear guidance.

ESG Access Among Active Management Opportunities in 2019

Asked about what Putnam has seen develop this year in terms of environmental, social and governance investing programs, and about how “ESG” fits into the discussion of active and passive management, Putnam Investments CEO Bob Reynolds had a lot to say.

Investment Product and Service Launches

BlackRock Launches Multiple ESG Funds and Tools; Fingage Managed Account Solution Added to LT Trust Recordkeeping Platform; Franklin Templeton Acquisition Expands Alternatives and Fixed Income Offerings; and more.

Investment Product and Service Launches

Northern Trust and Parilux Partner to Improve Investing Solutions; TIAA Adds Guaranteed Income to Custom Default Solutions; Arabesque Offers ESG Monitoring; and more.

U.S. Institutional Investors Changing Views of ESG Investing

A global survey of institutional investors found more in the U.S. said ESG factors can be a source of alpha and risk mitigation, and more institutional investors overall said incorporating ESG factors into their investment approach is part of their fiduciary duty.