Critics contend there’s a disconnect between the words and actions of the two fund giants.
Money managers and pension funds want companies’ 2020 annual reports to incorporate climate-related risks in financial statements.
White people make up about 80% of employees in socially responsible investment firms.
The risk of being misled by false information will only increase as more attention is given to social issues.
The asset manager is under pressure because it’s among the biggest investors in the planet’s largest polluters.
JP Morgan Asset Management has signed on to the Climate Action 100+ group and announced it will engage with companies on climate risks.
Global efforts to slow climate change could cost the financial industry $1 trillion.
Having revolutionized the business of buying stocks, Vanguard Group is now coming for currencies.
ETF-like cryptocurrency funds are being offered to institutional and certain other qualified buyers.
The move was revealed in a recent job posting by the investment bank.
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