U.S. managed assets with socially responsible criteria rise
Thursday, November 20, 2014
Nov 20 (Reuters) – The share of U.S. managed assets invested with environmental, social or similar criteria rose 50 percent over the past two years, a foundation that tracks the field said, because of new disclosure standards and client concern about areas like climate change.
U.S. assets in strategies using what are often termed “socially responsible investing” guidelines stood at $6.57 trillion at the start of 2014, or 18 percent of total assets under professional management, up from $3.74 trillion, or 12 percent of the total at the start of 2012, said officials at US SIF – The Forum for Sustainable and Responsible Investment.
Source: Reuters (link opens in a new window)
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