Star ratings, sustainability globes, low-carbon designation: Morningstar extends ratings line-up
Morningstar's latest set of ratings assesses how an equity or bond fund's underlying securities are at risk as a result of the economic shift towards a low-carbon future. Institutional investors, however, pay little attention to these assessments, a think tank reveals.
Morningstar has developed a new tool to judge how well-positioned an equity or bond portfolio is to benefit from the transition to a low-carbon future -- hence the name Portfolio Carbon Risk Score.
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