At the Morningstar Investment Conference on Tuesday, the NYU professor said legislators and regulators should take responsibility for the ills that ESG investors seek to remedy.

Investors should not count on a return to the negative SBC relationship of the past 25 years.

The income fund will be distributed through Ares Wealth Management Solutions, the parent’s retail business, and sold through registered investment advisers and financial advisors in the US. 

Simon Edelsten of Artemis Global Select joins Merryn Talks Money to explain how to invest in a world of persistent inflation.

Total assets in the Franklin OnChain US Government Money Fund (FOBXX), which was launched last year, have increased to around $270 million.