The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In an open letter to the CFA regarding its drafted voluntary regulations, the IFIC is criticizing the proposed standards’ failure to define what does and doesn’t qualify as an ESG investment. […]
Two big players in the investment research space are joining forces. Morningstar Inc., a U.S.-based independent research firm is fully acquiring Sustainalytics, a Dutch-domiciled firm specializing in environmental, social, and governance ratings and research. Morningstar already took on a 40 per cent ownership stake in Sustainalytics in 2017 and will be buying the remaining 60 […]
Will we see more products like this in the Canadian pension space?