
Morgan Stanley Returns, Launches Sustainable ETF Platform with Six Listed Calvert Funds
Morgan Stanley Investment Management has launched its exchange-traded fund (ETF) platform with the listing of six Calvert ETFs, a long-anticipated decision that comes nearly three decades after the asset manager helped trailblaze the ETF space.
The ETFs feature Calvert Research and Management’s, a part of Morgan Stanley, responsible investing and offers investors access to four indexed Environmental Social Governance (ESG) strategies and two active ESG strategies across a range of asset classes.
The Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) focuses on US companies that are successful at managing Diversity, Equity and Inclusion (DEI) issues. The active equity ETF (CVSE) will focus on US large-cap companies that address global environmental or societal challenges.
The active fixed income product (CVSB) will focus on investment grade debt issuers and the three index equity ETFs offer exposure to either US large companies (CVLC), US mid-cap companies (CVMC), or international companies (CVIE).
“The launch of Morgan Stanley Investment Management’s ETF platform builds on our world-class investment capabilities with a diverse set of investment vehicles that aim to provide strategic value for our clients,” Dan Simkowitz, head of Morgan Stanley Investment Management, said.
