Morningstar Takes Stake in Fund Rating Partner Sustainalytics

The ownership stake will support the continued joint development of sustainable investment products and related tools.

kunal-kapoor-morningstar

Morningstar and Sustainalytics became partners two years ago to develop the Morningstar Sustainability Rating for global mutual and exchange-traded funds, which launched in March 2016 and now covers more than 35,000 funds, followed in October by a Global Sustainability Index Family, which comprises 27 global equity indexes geared toward sustainable investing. Morningstar has also since released company-level ESG metrics for companies held by mutual funds and ETFs, and a tool to screen portfolios

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