share: ASSOCIATED PRESSVanguard, the 5.3 trillion-in-assets behemoth that popularized index investing, announced it's jumping on the ESG bandwagon, according to The Independent. ESG strategies consider environmental, social and governance factors when choosing stocks and bonds. Share to facebook Share to twitter Share to linkedin Vanguard is launching its first-ever actively managed mutual fund focused on environmental, social and governance factors. It's Wall Street's latest infatuation, since it appeals to a socially and environmentally conscious market. One longtime Vanguard investor says it's a marketing move. Despite Vanguard's long-standing tradition of passive investing, the Valley Forge company has filed for its first actively managed ESG fund, the Vanguard Global ESG Select Stock Fund, which will hold about 40 stocks and will be managed by Wellington Management.
(news.financializer.com). As
reported in the news.
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