Dealflow | June 17, 2019

Morgan Stanley expands sustainable investment options for smaller investors

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, June 17 – Morgan Stanley Wealth Management launched two sustainable investment products for non-millionaire investors two years ago. Now the firm, with $28 billion in sustainable and impact-investments under management, is adding six more impact options for individuals with $10,000 or more to invest.

The products allow clients to build small impact portfolios from mutual funds and exchange traded funds (ETFs) using positive and negative screens for environmental, social and governance metrics, as well as thematic screens aligned to the U.N. Sustainable Development Goals, like ocean conservation (No. 14) or reduced inequalities (No. 10). It also offers an equity-only option.

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The addition of new products comes as wealth managers and financial advisors increasingly turn to sustainable investing as a way to demonstrate the value of their services over lower-cost automated services.

“This new suite addresses heightened investor demand to align values with their portfolios,” Morgan Stanley’s Lisa Shalett said.