Quote of the week

"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

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Rockefeller Asset Management, a division of Rockefeller & Co, has signed up to the United Nations Principles for Responsible Investment, a network of international investors collaborating to enforce six principles for responsible investment.

The firm said the signing reflects its commitment to participate in the PRI's annual reporting and assessment process, as related to environmental, social and governance (ESG) issues in the investment process. 

According to the PRI’s website, the principles - devised by the investment community - reflect the view that ESG issues can affect the performance of investment portfolios. They provide a “voluntary framework” which all investors can incorporate into their decision-making and ownership practices. There are currently 1070 signatories to the PRI.

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