GAMCO to launch actively managed sustainable ETF
The Bottom Line: GAMCO Investors is set to launch its first actively managed sustainable ETF, Love Our Planet & People (LOPP), Gabelli’s second ESG fund.
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Limited number of ETF re-brandings vs. mutual funds
The Bottom Line: iShares ESG Advanced HY Corporate ETF only 4th re-branded index fund in last 12-months during interval when just 12 ETFs were repurposed.
Morgan Stanley acquires Eaton Vance and gains $98.2 in sustainable AUM
The Bottom Line: Morgan Stanley acquires Eaton Vance and is expected to rank seventh in sustainable fund assets under management with $150 billion in AUM.
Sustainable Funds Monitor: September 2020
The Bottom Line: After twelve consecutive monthly increases in AUM, sustainable funds and ETFs took a breather to end Q3 with $2,814.5 billion in assets.
Vanguard launches sustainable corporate bond ETF that relies entirely on exclusions
The Bottom Line: Newest Vanguard sustainable ETF launch, the Vanguard ESG US Corporate Bond ETF, is focused on fixed income and relies entirely on exclusions.
Sustainable emerging market bond funds experience inflows in July and August 2020
The Bottom Line: Sustainable emerging market bond funds, 21 funds with $20.9 billion in assets, experience inflows in July and August as investors seek income.
Sustainable micro-cap funds post strong 12-month performance results
The Bottom Line: At just three funds, sustainable micro-cap funds are small in number but actively managed growth funds post strong 12-month performance results.
Launch of BlackRock LifePath ESG Index Funds will stimulate growth
The Bottom Line: The launch of BlackRock’s LifePath ESG Index Funds expands sustainable target date funds segment and may stimulate further growth beyond $4.3 billion.
