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Morgan Stanley launches sustainable portfolios with reduced minimums
By Angela McDaniels
Tacoma, Wash., March 6 – Morgan Stanley Wealth Management launched two sustainable investing model portfolios with reduced account minimums of $10,000 on its Investing with Impact platform, according to a company news release.
The new portfolios are Investing with Impact Access Balanced and Investing with Impact Access Equity.
Eligible investments include mutual funds and exchange-traded funds.
“Sustainably invested assets now account for more than one out of every five dollars under professional management in the U.S., and Morgan Stanley is committed to delivering innovative solutions to help our clients achieve their sustainable investing goals,” Hilary Irby, head of Morgan Stanley’s Investing with Impact initiative, said in the news release.
Morgan Stanley is a New York-based financial services firm.
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