An advisor whose family has been “irrevocably harmed by police brutality” calls on industry peers and their clients to spark positive change.

The decade’s top performers also outpaced broader markets over the short term.

The funds will be used to support housing, job training and aid for small businesses in communities that have been disproportionately affected by the pandemic.

Sustainable investing offered more downside protection during the market downturn, according to recent data from Backend Benchmarking and research from asset managers.

In the first-quarter’s coronavirus-driven market decline, 94% of sustainable indexes outperformed, BlackRock research shows.

The firm said that 88% of sustainable indexes did better than their non-sustainable counterparts in the first four months of 2020.

“The world has become more digital, less global and more local,” says Amy Lo, co-head of the firm’s Asia Pacific wealth division.

There’s a lot to complain about these days, from the effectiveness of the government’s $3 trillion stimulus package to unlimited quantitative easing.

Fallout from the deepest worldwide downturn since the Great Depression has magnified economic and social inequality across the globe.

CEO Larry Fink announced a new focus on ESG in January, however the coronavirus has pushed a separate set of urgent issues into the forefront.

"Asset managers need to be faster and smarter to make the right bets in a fast-changing external environment.”

Managers who are can differentiate with solid ESG credentials stand to prosper, especially as a younger generation begins saving for investment.

While the sustainable industry accounts for less than 1% of the $20.7 trillion held in U.S. mutual funds and ETFs, the space is growing fast.

As proxy season nears, concerns grow around whether the manager is equipped to probe the companies in its funds to a more environmentally friendly line.

Investment in socially beneficial activities can be worthwhile. But it ignores the question of who decides what is beneficial.

In a new episode of Financial Planning’s In|Vest Podcast, the impact investing consultant explains what prompted her to start collecting accounts of harassment, assault and discrimination.

Analysis of funds that have sustainable equivalents shows there’s neither a long-term edge nor a sacrifice for picking one strategy over the other.

The firm, run by Big Short protagonist Greg Lippmann, may make sustainability the linchpin of its CLO business after completing its first deal that complies.

Amid a “rapidly increasing” number of ESG-aware clients, planners say the sector must clean up its act to survive.

While it’s debatable whether private donations should matter to an investor, transparency rules could become an issue as global warming accelerates.