Investment firms and startups should look more closely at who’s giving them money. Similar suggestions were made in a series of tweets from venture capitalist Chamath Palihapitiya raising moral issues about sources of investment funding. His concerns were prompted by a WSJ investigation into how the Mormon Church secretly built one of the world’s largest investment…
For the first half of 2019, U.S. funds targeted toward environmental, social, and governance (ESG) factors attracted a net $8.4 billion, according to data from Morningstar. That already exceeds the previous record of $5.4 billion collected during all of 2018. Clients have now committed $35 billion to what are known as ESG funds since 2013. Lunchtime Conversations:…
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