Filed Under: , , ,

#MeToo spurs investors to move money to companies that support women

Investment industry insiders say they've fielded increased interest from clients about putting their money toward supporting investments focused on women's issues.


  • Investment industry insiders say they've fielded increased interest from clients about putting their money toward supporting investments focused on women's issues.
  • In 2016, less than half of companies in the S&P 100 had at least 25 percent women on their boards.
  • People interested in social-impact funds need to make sure they do their due diligence as they would for any investment.

In a recent client meeting, financial advisor Stephen Rischall got asked about how to invest in companies that support gender equality and women's issues in the workplace.

Think of it as a #MeToo moment.

"The client said that because of the attention on the #MeToo movement and the power behind it, he wanted to invest," said Rischall, a certified financial planner and founder of 1080 Financial Group in Sherman Oaks, California.

www.cnbc.com
Read More

Follow Women Investors on Twitter @women_investors
27 February 2018


0 comments:
Join the Conversation