Tag Archives: IS G

The Trump Administration is moving to dramatically reduce “socially responsible” investments, an area that has seen a increased interest in recent years amid growing alarm about climate change. The Department of Labor is proposing to change a rule governing employee retirement plans to discourage money managers from so-called socially responsible …

Reuters Jeff Ubben will leave the $ 16 billion hedge fund ValueAct Capital to start a new fund focused on environmentally and socially responsible investment, the Financial Times reported Tuesday. The activist investor hopes to use the fund, called Inclusive Capital Partners, to “demonstrate that there is a return” on …