Vanguard Releases First Actively Managed ESG Fund
Vanguard has launched the Global ESG Select Stock Fund, its first actively managed environmental, social and governance (ESG) fund.
The firm will employ an active portfolio integration strategy that identifies and selects about 40 companies demonstrating exemplary, longstanding ESG practices, strong business fundamentals and prudent capital allocation.
The fund’s advisor, Wellington Management Company LLP, will focus on enhancing long-term returns and controlling risks.
HiddenLevers, Orion Partner To Deliver Business Intelligence Insights
HiddenLevers, an Atlanta-based fintech company providing risk applications and analytics to the wealth management industry, is partnering with software company Orion Advisor Services LLC in Omaha, Neb., to deliver business intelligence insights to Orion clients.
Both firms have collaborated in the past on portfolio sync and proposal generation for advisors. They are now expanding on their previous work by integrating Orion’s business intelligence components with HiddenLevers’ Risk Monitor.
The integrated Risk Monitor uses HiddenLevers’ iconic stress testing to provide Orion C-suite executives with flexible revenue modeling to incorporate a firm’s fee schedules, client growth, contributions, net flow, current asset allocation and more. The system will monitor revenue, risk, drift from investment policy statements and advisor performance.
Advisor Group Announces Rollout of eQuipt FP
The Phoenix-based Advisor Group, one of the nation’s largest networks of independent broker-dealers, has launched eQuipt FP, a financial planning system offering advisors new business growth opportunities.