According to Accenture, Boomers are expected to pass along $30 trillion in financial and non-financial assets to their heirs, and money management companies are turning to digital solutions and social friendly offerings to get those young inheritors to invest. Axa Investment Managers has reshaped their products to align with Millennials, who are more likely to ask, “What is the carbon holding in my portfolio and how much is my portfolio doing to damage the environment?” They now offer a Green bond fund that focuses on environmental concern and assesses company ethics. (Financial Times)
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