In the Margins

Social investing gets boost from DoL fiduciary rule

January 15, 2016

By InvestmentNews

Updated guidance from the Labor Department states that fiduciaries can proactively apply environmental, social and governance factors when making investment decisions, as long as they focus on the economic merits of doing so. Interpretive Bulletin 2015-01, released by the DOL on Oct. 22, is intended to lessen concern about potential fiduciary risks for those who make “economically targeted investments.” Read the original story from InvestmentNews.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...