Wednesday, December 19, 2018

New Years Resolution: Put your money where your values are

Years ago, my husband and I started leaning on our investment advisors who only seemed to be focus on making money, more money. But I was passionate about sustainability. "I'm trying to make the world better," I told them, "so why would I want investments in companies that are making the world worse?"

More and more individuals, pension funds and companies are agreeing. The field of sustainable investing has continued to grow, in part because it's an indicator of good management.

Assets under management in U.S.-based socially responsible investing strategies climbed to $12 trillion at the start of 2018, representing 1 in 4 dollars of all investment under professional management and an increase of 38 percent from the start of 2016.

Investment companies are getting on board. UBS Global Wealth Management, for example, will start providing detailed reports on their funds, covering their environmental, social and governance performance.

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