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Finally, ESG investing gains a foothold in closed-end funds
The NAVigator
English - April 23, 2021 12:25 - 9 minutes - 8.96 MB - ★★★★★ - 5 ratingsInvesting Business closedendfunds Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Michael Spatacco, director at Bancroft Capital, discusses how ESG investing -- for environmental, social and governmental factors taken into consideration -- is starting to gain a foothold in the closed-end funds with the opening of a new issue from Nuveen that he has been an adviser to. He expects the trend to continue, as the closed-end fund space more fully reflects the rest of the world, which has seen tremendous movement of monies into 'social investments.'