Access the latest news, analysis and trends impacting your business.
Explore our insights by topic:
Additional Broadridge resources:
View our Contact Us page for additional information.
Additional Broadridge resource:
Your submission has been received. We will contact you soon.
One of our sales representatives will email you about your submission.
Your sales rep submission has been received. One of our sales representatives will contact you soon.
Your submission has been received. One of our customer service representatives will contact you soon.
From year-end 2015 to the end of May 2018, ESG mutual funds collected an estimated $5.6 billion—a surprisingly small figure for an investing philosophy that receives a fair amount of attention in the financial press. But behind the slack flows data is an important detail: the do-it-yourself crowd in the discount or online channel is a growing source of interest in sustainable investing.
While the independent advisory channel still controls more ESG assets, discounters are seeing accelerating interest and now oversee more ESG assets today than the trust company channel.
Discount investors also revealed (by way of asset location) that the most popular ESG brand is Parnassus, while Independents leaned on American Funds Washington Mutual Investors for over 60 percent of their ESG exposure. Other channels also put plenty of assets to work in Washington Mutual Investors in addition to products from Morgan Stanley, Putnam, Hartford and TIAA.