Firms join to make socially conscious indexes

KLD Research & Analytics Inc. and FTSE Group today announced a strategic partnership designed to offer a comprehensive offering of environmental, social and governance research and indexes.
OCT 28, 2008
KLD Research & Analytics Inc. and FTSE Group today announced a strategic partnership designed to offer a comprehensive offering of environmental, social and governance research and indexes. Under the partnership, London-based FTSE will collaborate with Boston-based KLD on the conception, design and worldwide marketing of co-branded ESG indexes, which screen companies around the world to determine their stances on social and environmental issues. “Our partnership with FTSE is a milestone for the practice of [socially conscious] and ESG investment worldwide,” KLD president Peter D. Kinder said in a statement. “FTSE’s global reach and expertise will enable more investors and managers to integrate KLD’s indexes into their strategies — both as benchmarks and as the basis for investment products.” “This partnership demonstrates FTSE’s commitment to expand its responsible investment offering for investors,” Jerry Moskowitz, president of San Francisco-based FTSE Americas, said in a statement.

Latest News

IRA assets swell to $19.2 trillion as 401(k) rollovers drive growth
IRA assets swell to $19.2 trillion as 401(k) rollovers drive growth

IRAs now hold nearly twice the assets of 401(k) plans — and most of that money didn't arrive through annual contributions.

Women feel confident about saving, but many still keep cash in low-yield accounts
Women feel confident about saving, but many still keep cash in low-yield accounts

A new survey finds that many women prioritize financial security but continue to leave savings in accounts that may not keep pace with inflation.

SEC seeks comment on prediction-market ETFs after May pause
SEC seeks comment on prediction-market ETFs after May pause

Roundhill, Bitwise and GraniteShares funds remain on hold while the agency weighs how novel ETFs should be regulated.

Dump investment banks, buy alternative asset managers, says Oppenheimer
Dump investment banks, buy alternative asset managers, says Oppenheimer

"Shares of alternative assets managers have lagged this year as investors grow wary of private-credit exposure."

TaxStatus rolls out rules-based tool to flag advice gaps
TaxStatus rolls out rules-based tool to flag advice gaps

The fintech platform is touting a new AI-free Planning Observations feature, which draws on IRS tax records to uncover opportunities for advisors.

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income

SPONSORED Why direct indexing stopped being optional

Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.