In the Margins
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.
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