Amg To Buy Esg Fund Manager Parnassus For $600M | Barron's

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This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit Affiliated Managers Group, the big holding company for asset managers, has agreed to buy Parnassus Investments, the socially responsible investment firm, for $600 million, according to a person knowledgeable about the transaction. The move demonstrates the popularity of environmental, social, and governance, or ESG, investing.

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