Hennessy Advisors picks up more assets to support new ESG ETF
The firm will fold the $70 million of assets it bought from Community Capital Management into its first ETF, an ESG-focused product, which it recently launched with acquired assets.
Hennessy Advisors is buying its way further into the sustainable fund business and last week announced a deal to acquire assets from Community Capital Management.
The Novato, California-based acquirer will fold the $70 million of assets in the Community Capital Management Core Impact Equity and S
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