Square Mile Investment Consulting and Research has acquired Ethical Money and its trading entity 3D Investing in a bid to enhance its ESG, SRI and impact investment capabilities.
3D Investing is a research house that assesses the underlying holdings of impact funds based on whether they can make a "positive or measurable" environmental or social change. A spokesperson for Square Mile said this is an "excellent complement" to the firm's responsible investing research, which lists funds under three categories: exclusion, sustainability and impact, and assesses them based on their long-term performance objectives as well as their ESG capabilities. The acquisition will see 3D Investing founder John Fleetwood become director, responsible and sustainable investing...
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