RLP Capital Launches Green 401k
RLP Capital, Inc., has launched The Green 401k, which offers more than 130 socially responsible mutual funds, as well as over 8,000 traditional mutual funds.
Tag: SRI
New Shariah-Compliant Fund Available for Retirement Plans
Hand Benefits & Trust, a BPAS company, has announced that the MIZAN Fund, a Shariah-compliant collective investment fund, is now available upon request through Nationwide.
Pax World, Morningstar Offer ESG Asset Allocation Funds
Pax World Management LLC, investment adviser to Pax World Funds, has
joined with Morningstar Associates to create and manage a series of
asset allocation funds that integrate environmental, social, and
governance (ESG) factors.
TIAA-CREF Drops Investments over Sudan Ties
TIAA-CREF announced it has kept its holdings in only one of five companies it targeted last year for potential divestment over their business relations with the government of Sudan.
Considering Social Factors Doesn't Have to Cost Investment Returns
Specific environmental, social, and corporate governance (ESG) factors can have a positive impact on portfolio returns, according to a new Mercer report.
Investing in Sin Pays
A recent paper says that investors gain 2.5% higher returns every year, on a risk-adjusted basis, by investing in "sin" stocks–publicly traded companies involved in alcohol, tobacco, and gaming–versus investing in stocks with comparable characteristics.
Social(k) Adds Tobacco-Free Funds
Social(k), a Springfield, Massachusetts-based retirement platform, has added the tobacco-free AHA Investment funds to its fund offerings.
Contravisory Beefs Up SRI Unit
Contravisory Investment Management has expanded its Socially Responsible Investing (SRI) division.
FTSE Provides Clean Tech Indexes
FTSE Group, a global index provider, has launched capital investment tools to help investors identify and gain exposure to the environmental technology sector.
Buck Consultants Starts Green Awareness Consulting Service
Buck Consultants, an ACS company, introduced a green awareness consulting service to help employers change their employees' behaviors in the office and at home.
S&P Index Targets Companies with Low Carbon Footprints
Standard&Poor's announced the launch of the first in a series of global low carbon indexes to meet investor demands for environmentally focused indexes.
401(k)s Going Green
If you’re looking for a way to help a client's 401(k) go green, an unusual coalition has a new idea.