Health Insurers Remain in Many “Socially Responsible” Funds

From the Wall Street Journal – Mention “socially responsible investing” and most people think of a stock-picking strategy that involves abstinence—that is, avoiding industries or companies whose ethical, environmental or governance practices fall short of certain standards. The mutual-fund industry began offering products based on this idea in the 1970s, and Morningstar Inc. recently identified…

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