The direct investment shows the company’s dedication to the fast-growing ESG research space.

Investors also continued to favor global funds in the week ending July 19.

Asia ex-Japan, Latin America and global emerging markets funds continued their recent strong performance.

Lower than expected inflation rates helped continue the best run since the first quarter of 2017.

Asia Pacific bonds funds continued to bleed money for the 22nd week of the year.

Investors favored financials amid the second quarter earning season; consumer goods funds take in $124 million.

Unlike emerging-market mutual funds, ETFs don’t have the option of holding cash, so if they get outflows, they have to sell the underlying bonds in the index they track.

GuideStone launches "Christian-Screened" alternative fund, Ameriprise lures $463 million team from Merrill Lynch, and new UBS survey examines retirement.

Fidelity has stepped up disclosure of how pre-IPO companies affect mutual fund performance.

More money, more problems?