Sustainable investment products

/Tag:Sustainable investment products

Millennials are driving a shift in how the ultra-wealthy manage their money

Regular people put their money into a savings account or hand it over to a financial adviser to manage. But the wealthiest tend to pull out a few more stops, and in some cases establish entire teams, referred to as family offices, that are staffed with financial professionals dedicated to building and managing their vast wealth. A new

Morgan Stanley report on Wall Street sustainability, millennials

Millennials aren't just eating avocado toast and snapchatting, they're also driving the growth of a $9 trillion market on Wall Street: sustainable investing. Sustainable investment products, which aim to deliver outsize returns and remedy societal and environmental ills, have grown at a rate of more than 33% between 2014 and 2016 in the US, according