The asset managers are betting that a surge in interest in ESG investing will carry through to 401(k)s.
The new guidance has some investors scratching their heads.
More than 150 companies State Street targeted have added at least one female director.
Investors are calling for gender-pay equity and paid-leave policies that attract and retain women.
Companies known for their sustainable prowess are sitting out this trend, casting doubt on how valuable the label is.
It’s the first time such a proposal has passed over the board’s objections.
CFAs are about to get schooled on ESG.
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