Category: Funds

Bloomberg and Rockefeller Asset Management have teamed up on a new US All Cap Multi-Factor ESG Improvers Index, which ranks companies’ ESG improvements relative to industry peers. The index uses quality and low-volatility factors alongside Bloomberg data on the ESG momentum of companies and “shareholder engagement techniques”. Rockefeller’s Global Head of ESG Investments, Casey Clark, said “investors will increasingly differentiate between ESG leaders and improvers… and that the latter offers a greater potential for generating uncorrelated alpha over the long-term.”

Invesco has launched two new exchange-traded ESG funds, focused on listed equities. The Invesco MSCI Japan ESG Universal Screened UCITS ETF and the Invesco MSCI Pacific ex Japan ESG Universal Screened UCITS ETF are new additions to the index family that already includes global, European and US products. All exclude controversial business practices and apply ESG Momentum to in…