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0.000953026046587807 0.000748820765553306 0.000493564164260353 0.000177045978656888 0.000401671787794816 0.00140227766486355 0.00140227766486355 0.00140227766486355
Stock impact report

Fund Bosses Hungry for Returns Are Now Piling Into Defense Bets [Yahoo! Finance Canada]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Most Read from Bloomberg Since Russia's 2022 invasion of Ukraine and through the end of the fourth quarter of last year, the share of sustainable funds in Europe that devote at least 1% of their portfolios to aerospace and defense stocks has climbed by 37% for actively managed funds and 67% for passive products, according to data compiled by Morningstar Direct for Bloomberg. The development marks a stunning about-face for a corner of the fund market that long treated such assets as uninvestable. “Many ESG investors, five to 10 years ago, if you had a fund manager in the room who said, ‘Do you buy defense stocks?' It would be laughable,” said James Penny, UK chief investment officer at TAM Asset Management Ltd. Now, they're doing investments they “would've never done” before, he said. For ESG (environmental, social and governance) investors battered by years of below-average returns, it's an opportunity to tap into an asset class that's outperforming the market by a wide margi Show less Read more
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