Number of asset managers and asset owners banning tobacco grows. :
According to reports, global bond ETFs had their best quarter on record in the first quarter of 2017 with $44.5bn of inflows The €60bn Dutch asset manager will exclude all investments in the tobacco industry from its funds, although the policy does not apply to mandates, bespoke investment portfolios and multi-manager funds. Narina Mnatsakanian, director of impact and responsible investment at Kempen, said: “Tobacco has a proven negative impact on society and many international standards support this position.