As Trump Rolls Back Regulations, ESG Investing is Poised to Soar

Donald Trump’s presidency may end up as the best thing to ever happen to environmentally and socially responsible investing.

Even after early moves from the White House eased regulations on the coal industry, cleared the way for two controversial pipelines and made moves to exit or reform the Paris Agreement on climate change; despite that President Trump and his EPA Administrator, Scott Pruitt, are climate change skeptics, ESG fund managers are optimistic about their future.

“Advisors are now talking about this as a client need,” says Leo Zerilli, head of investments at John Hancock Investments, the wealth management arm of Boston-based John Hancock Financial Services. “We knew that women and millennials were interested in this space.

from FA News http://www.fa-mag.com/news/as-trump-rolls-back-regulations–esg-investing-is-poised-to-soar-32134.html

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