What makes an investment ‘responsible’?

RI is getting deeper and wider as 84 per cent of institutional investors incorporate ESG factors into their selection process.Responsible investing is exploding in popularity. And for portfolio managers and financial advisors who offer RI to their clients, or are looking to do so, it’s more important than ever to be able to explain what measures and parameters are used to determine what makes an investment “responsible.

The growing demand for RI both in Canada and around the world is being driven by millennials and members of Generation Z, who want their investments to reflect their personal values. Research conducted by Environics Research Group Ltd. on behalf of Mackenzie Investments late last year found that 31 per cent of millennial investors either usually or always consider environmental, social or governance factors when investing, which was more than double the percentage of baby boomers in that study.

“There are four key pillars. The first one, RI, is not even the highest component now,” Ms. Patrick explains. RI is getting deeper and wider, though. RBC Global Asset Management published a survey this past October, which found that 84 per cent of institutional investors incorporate ESG factors into their selection process – and this is now moving beyond strictly equities.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'It's not an expense, it's an investment': Oxfam Canada demands universal childcareThe federal government should invest in a publicly funded childcare system, according to a new report that claims it would increase gender equality and boost the economy. if you want to invest in childcare, pay the mothers to stay home. It's much cheaper in Quebec only because they impose high taxes to subsidize it. Raising a child costs money. People should have a plan BEFORE having kids..having taxpayers pay for your childcare is not a plan. Parents already get 1 year maternity leave and full day kindergarten. Don’t see why taxpayers should be required to pick up more of the cost?
Source: CTVNews - 🏆 1. / 99 Read more »

Buyers look for investment suite in Liberty VillageThis nearly 600 square-foot suite has an open and airy atmosphere with a south-facing balcony and walls of windows along the main entertaining space
Source: globeandmail - 🏆 5. / 92 Read more »