The Latest Breaking News from ESG investing

Hearings focus on climate-related disclosures and proxy advisory services as GOP targets ESG investing

With the growing private markets, the expanding digital asset management industry, and the rising interest in ESG investing, the asset management industry embraces new opportunities. So, investors seeking potential gains in the industry could consider buying fundamentally strong asset management stocks Silvercrest Asset Management Group (SAMG), Hywin Holdings (HYW), and…

On the state level, Florida is leading the charge with 18 other states in a movement against ESG investing.

The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, raising prospects of a recession amid heightened concerns about…

New Hampshire Gov. Chris Sununu (R) signed an executive order April 11 directing state executive agencies to invest their funds based on expected financial returns (not based on ESG investing criteria), making the state the latest to push back against ESG in public investments. According to NH Journal:

The past few years have witnessed a surge in the popularity and momentum of environmental, social and governance (ESG) investing — a form of responsible investing that aligns financial returns with positive environmental and social ones.

Kansas lawmakers approved a bill on April 6 prohibiting ESG considerations in public pension investments. Some measures that were proposed, like certain restrictions on private ESG investing and on public investments in foreign companies, did not make it into the final bill. The bill was sent to the governor for…

A new crop of anti-ESG ETF funds offers an alternative to investments that focus on environmental, social and corporate governance issues.

ESG investing is inherently apolitical. Investors have a duty to consider all economically relevant and useful information in their investment decisions.

After starting as a niche corner of the finance world, ESG investing has since exploded to become a major force on Wall Street _ and the latest front in the nation’s cultural schism

The ESG investing movement needs to focus less on minimizing risk and more on maximizing impact.