Until the industry adopts standard metrics for ESG investing, only customization and transparent communication and disclosures will help these strategies fulfill their promise to investors.
In an era in which “black swan” events seem to be happening more frequently, investors and portfolio managers cannot ignore the fat tail of the market.
Every time financial markets stray from their core purpose of allocating sources of capital to productive uses in the real world, we get ourselves and each other into trouble.
After it’s sold, Wells Fargo Asset Management will continue to provide a popular rising-dividend-equity strategy, the Managed Diversified Stock Income Plan, to Wells Fargo Advisors, according to a memo.
Since the start of the year, 57% of large-cap mutual funds have beaten their benchmarks, marking the industry’s best start to a year in almost a decade.