Environmental, Social, and Governance investing is one of the hottest topics in finance. Scott O'Reilly, VP of Investment Product at Fidelity, sat with us to discuss how to evaluate ESG investment options.
O'Reilly said ESG used to be seen as a way to eliminate sin stocks. Now, the strategy has become a more innovative way to consider a company's risks, he added.
One major concern for the investment approach has been the idea of sacrificing portfolio returns. O'Reilly said research has shown that fear, so far, hasn't turned into reality. He sees ESG investing as a way to avoiding the kinds of risks a company could have that would impact their performance
The founder of Binance, the world’s largest cryptocurrency exchange, pleaded guilty Tuesday to a felony charge that he failed to take steps to prevent money laundering as the company agreed to pay more than $4 billion following an investigation by the U.S. government.
More than 100 handguns were stolen from a store in southwestern Michigan after the manager was held at gunpoint outside his home and forced to reveal how to turn off the alarm, authorities said Tuesday.
