New York-based Bridgewater Associates, which oversees USD 140 billion of assets, plans to open two sustainable funds in 2021.
Bridgewater started advising clients this year on how to manage investments to meet both societal and financial goals. The effort is being overseen by senior investment executive and former CEO at Danish pension fund ATP Carsten Stendevad, Chief Operating Officer Brian Kreiter and Karen Karniol-Tambour, director of investment research.
"There are big shifts afoot in the industry where we’re seeing an expansion of investment objectives from risk and return to including impact," Stendevad said in a telephone interview. "Sustainable investing is the top strategic agenda in the industry."
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.