Compliance June 28th, 2023 House Republicans Outline ESG Policy Goals An interim report argued that the US should protect firms from foreign regulators and require more transparency on ESG issues.
Compliance June 26th, 2023 House Appropriations Bill Would Block Safeguarding and Swing Pricing Proposals, Among Others The legislation also targets the climate disclosure and market structure proposals.
Compliance June 21st, 2023 Anti-ESG Bill Would Require Only Pecuniary Factors to Be Considered Kentucky Representative Andy Barr introduced a bill aimed at returning investment regulations to a Trump-era standard.
Data & Research June 20th, 2023 Vanguard’s ESG Support Half That of BlackRock, State Street Of a sample of shareholder proposals linked to ESG, Vanguard opposed almost three-quarters.
Products June 7th, 2023 Adviser Product Partnerships Potomac makes model strategies available at American Trust Custody; Central Pension Fund partners with V3locity; Lumen Advisors and Sparo announce...
The Markets June 6th, 2023 ESG Congressional Hearings Show Partisanship Intensifying Republicans and Democrats are mostly speaking past each other on ESG, which could create regulatory risk and uncertainty going forward.
Compliance May 22nd, 2023 EBRI Study: Inflation, Weak Stock Market Slashed Retirement Confidence EBRI reports sharply decreased retirement confidence, driven primarily by inflation.
Data & Research May 17th, 2023 Advisers, Participants Skeptical of ESG Investments, but Asset Managers Are Not Greenwashing by investment funds has contributed to negative rhetoric about ESG, but the practice remains a top initiative for U.S....
Compliance May 12th, 2023 Asst. Labor Secretary Gomez Says DOL Studying SECURE 2.0 Implementations The EBSA head also discussed the need to educate market participants on the DOL's ESG rule and changes to COVID-19...
Deals & People April 6th, 2023 Investment Product Launches Xtrackers by DWS announces a new ETF; Principal launches hybrid QDIA; Penn Mutual introduces Protection Whole Life; and more.
April 4th, 2023 DOL Takes On Lawsuit Challenging Its ESG Rule The Department of Labor argued the ESG rule merely permits ESG considerations and is consistent with ERISA.
Deals & People March 31st, 2023 Retirement Industry People Moves Lockton appoints Bolander as SVP of regional operations; Sullo joins Earth Finance climate investing practice; Dechert announces McGrath as partner;...
The Markets March 28th, 2023 TDF Assets Fell 14% in ‘22, but Inflows Stayed Strong While market depreciation drove TDFs off a record '21, inflows stayed strong, according to Morningstar.
Products March 23rd, 2023 Investment Product and Service Launches Investably announces business valuation service; BM Advisers launches smallcase BM Nifty Top 20; First Trust Dynamic Europe Equity Income Fund...
Compliance March 20th, 2023 Biden’s First Veto Keeps DOL’s ESG Rule in Place The president followed through on his promise to veto a Congressional attempt to nix a DOL rule allowing ESG investing...
Compliance March 16th, 2023 Anti-ESG States Continue Organizing Policy experts say that ESG policy is likely to be most active at the state level.
Data & Research March 15th, 2023 Shifting Adviser Preferences Transform Broker/Dealer Revenue Advisers gravitate toward ETFs, SMAs, ESGs and products emphasizing flexibility, sustainability and lower cost.
Data & Research March 13th, 2023 Within ESG, Companies Most Engaged with Environmental, Social Issues A recent report from ISS ESG indicated that environmental topics receiving the most attention related to water and biodiversity. The...
The Markets March 6th, 2023 As US Awaits Biden Veto to Keep ESG Rule, Advisers Shrug Much ink has been spilled over legislation to overturn a DOL rule that allows ESG investing in retirement plans. Plan...
Compliance March 6th, 2023 Gensler Says SEC Agnostic On Green Investing, Seeks Improved Disclosure The SEC chair told a room of institutional investors that the regulator is “merit neutral” on how investors use climate-related...