Monthly Sustainable Cash Flows: July 2018
Summary Sustainable funds close July at $303.9 billion, up $18.1 billion due to shift in funds and market appreciation, with net flows adding an estimated $917 million, or 0.32%. Sustainable funds register average gain of 2.14%, ranging from 17.17% to -3.87%. Market movement and repurposed funds contribute $17.2 billion in net assets. Pioneer Investments moves […]
Sustainable Investing Opinion Briefs: July 16, 2018 – July 31, 2018
July 30, 2018 – In an Opinion article published in The New York Times entitled “More Cities and States Should Divest From Private Prisons,” Scott M. Stringer, comptroller of New York City and trustee for New York City’s Retirement Systems, along with Javier H. Valdés, a community organizer, made the case for divesting from private […]
Second Quarter 2018 Sustainable Funds Investing Review
Summary • The second quarter ended as the 2018 proxy season was entering its final weeks, notable for the high level of environmental and social proposals as well as a number of majority vote outcomes. • During the second quarter, several commentators advocated in favor of long-term strategies combined with an emphasis on advancing society’s […]
Monthly Sustainable Cash Flows: April 2018
Monthly Sustainable Assets Under Management Reach $280.7 Billion Sustainable funds, including mutual funds, exchange-traded funds (ETFs) and exchange-traded notes (ETNs), a total of 956 funds/share classes, ended the month of April with $280.7 billion in assets under management (AUM). This represents an increase of $8,685 million or 3.2% relative to March 31, 2018 and a […]
Monthly Sustainable Cash Flows: May 2018
Sustainable Funds Close May at $283.9 Billion, Adding $3.3 Billion and Two New Funds The net assets of 965 sustainable funds and share classes, including 323 mutual funds, 71 exchange-traded funds (ETFs) and one exchange-traded note (ETN), ended the month of May at $283.9 billion versus $280.7 billion at the end of April, representing an […]
Monthly Sustainable Cash Flows: June 2018
Sustainable Funds End June at $285.9 Billion, Adding $1.9 Billion but Experiencing an Estimated $375.2 Million in Net Outflows The net assets of 1,025 sustainable funds, including mutual funds, exchange-traded funds (ETFs) and exchange-traded notes (ETNs), ended the month of June with $285.9 billion in assets versus $283.9 billion at the end of May. Net […]
Sustainable Investing Opinion Briefs: June 2018
Recent Article by Theodore Kupfer in the National Review Asks the Question “Does Socially Responsible Investing Work as Advertised?” June 28, 2018 – A recent article by Theodore Kupfer in the National Review, asks the question “Does Socially Responsible Investing Work as Advertised?” He believes that because sustainable investing “impose relevant constrains” on fund managers, […]
Sustainable Investing Opinion Briefs: July 1, 2018 – July 15, 2018
The Long-Term Performance Record of Vanguard’s FTSE Social Index (VFTSX) July 9, 2018 – An article in the Philadelphia-based Inquirer written by Erin Arvedlund reported that Dan Wiener, who publishes a monthly Vanguard newsletter, takes a dim view of ESG largely due to under-performance over a long period of time. According to Wiener, such investments […]