News | 02.06.19
Socially Conscious Mutual Fund Launches at Record High
A record number of "socially conscious" mutual and exchange-traded funds were launched by asset managers last year, according to Morningstar. A total of 382 such funds were launched globally during 2018 to take the total to 3,160. Collectively, they manage $1.2 trillion in assets, double the $622 billion managed in 2009.
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