The Trump administration unveiled guidance aimed at the burgeoning socially-responsible investment industry that left some investors scratching their heads. The U.S. Department of Labor, which oversees retirement-plan funds, published guidelines on Monday that said investments based on environmental, social and governance issues aren’t always a “prudent choice” and that such factors shouldn’t “too readily” be considered as economically relevant by fiduciaries.
from FA News https://www.fa-mag.com/news/labor-department-says-do-good-investments-not-always--prudent-38301.html
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