The Forum for Sustainable & Responsible Investing counts $8.7 trillion of assets managed with a view to corporate morality. Here, he looks at whether ethical investing has lower returns than neutral investing; here, at where to find small- and mid-cap funds with good ratings. Sustainalytics ratings of companies are valuable because they compare, not oil companies to pill makers, but oil companies to other oil companies and pill makers to pill makers. Portfolio analyst Ron Robins publishes a newsletter on ethical investing at Investing for the Soul. Read that book alongside Milton Friedman’s classic essay dismantling the very notion of socially responsible investing.

Source: Forbes May 01, 2017 18:45 UTC