US mutual fund investors more interested in socially responsible funds

2015-02-03T21:53:06-08:00February 3rd, 2015|Categories: Socially Responsible Investment|Tags: , |

US mutual funds that invest in companies they view as socially responsible are posting better returns, spurring advisers to pitch them to their clients. Managers for these funds, known sometimes as “sustainable, responsible impact” or “environment, social and governance” funds, focus on companies that promote values like diversity, and avoid companies and industries that they see as morally problematic, such as tobacco. […]