Yale’s Social Investing Needs Clarity

According to an article in Bloomberg by columnist Nir Kaissar, Yale University recently announced that its $29.4 billion endowment could exit private investments it “deems unethical, extending a policy it has long applied to investments in public markets.” But the article argues that the attention garnered by sustainable investing “hasn’t yet translated into investment,” at least as measure by the flow of funds into ETFs: The industry, writes Kaissar, has a basic problem: “Investors are… Read More