Deutsche Bank Wealth Management Adopts MSCI Ratings in ESG Expansion

Data : 17/09/2019 @ 11:53
Fonte : Dow Jones News
Titolo : Bank of America Corporation (BAC)
Quotazione : 34.44  -0.24 (-0.69%) @ 01:59
Quotazione Bank of America Grafico
After-Hours
Ultimo Scambio
Ultimo $ 34,46 ▲ 0,02 (0,06%)

Deutsche Bank Wealth Management Adopts MSCI Ratings in ESG Expansion

Grafico Azioni Bank of America (NYSE:BAC)
Storico

3 Mesi : Da Set 2019 a Dic 2019

Clicca qui per i Grafici di Bank of America

By Dieter Holger

 

Deutsche Bank AG (DBK.XE) said late Monday that its wealth-management arm will now use environmental, social and governance ratings from index and research giant MSCI Inc. (MSCI) as part of an expansion of its ESG lineup.

The German bank said it would also launch new research, client materials and events around ESG.

"ESG comes up more and more often in our regular discussions with clients," said Fabrizio Campelli, global head of wealth management at Deutsche.

Institutional investors have flocked to values-based strategies like ESG in recent years. Sustainable investing accounted for 26% of professionally managed assets in the U.S. last year, up from 18% in 2014, according to the Global Sustainable Investment Alliance, a nonprofit.

But adoption among retail investors has been slower. ESG mutual and exchange-traded funds held just $161 billion of $22.1 trillion of fund assets in the U.S. last year, according to market intelligence firm Morningstar.

Still, wealth managers at Bank of America Corp. (BAC), Morgan Stanley (MS), and now Deutsche have ramped up their efforts to meet perceived demand.

"A new generation of clients and society as a whole are becoming increasingly aware of the responsibility that comes with wealth and the positive impact that ESG factors can have on returns," Mr. Campelli said.

 

Write to Dieter Holger at dieter.holger@dowjones.com; @dieterholger

 

(END) Dow Jones Newswires

September 17, 2019 05:38 ET (09:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
La tua Cronologia
BIT
BMPS
Monte Pasc..
BITI
FTSEMIB
FTSE Mib
BIT
UCG
Unicredit
NASDAQ
AAPL
Apple
FX
EURUSD
Euro vs Do..
Le azioni che visualizzerai appariranno in questo riquadro, così potrai facilmente tornare alle quotazioni di tuo interesse.

Registrati ora per creare la tua watchlist personalizzata in tempo reale streaming.

Per accedere al tempo reale push di Borsa è necessario registrarsi.

Accedendo ai servizi offerti da ADVFN, ne si accettano le condizioni generali Termini & Condizioni

P: V:it D:20191214 05:11:26