Invesco

With Intelliflo, the insurance giant hopes to expand agents’ ability to offer wealth management and financial planning.

A state treasurer’s program in collaboration with the Ford Foundation has attracted 18 firms including UBS, BlackRock, Morgan Stanley, Citi and Goldman Sachs.

The fund is joining a minority group in the $5.9 trillion ETF universe.

The flood follows a strong Democratic showing in last week’s runoff elections in Georgia, which tipped the Senate’s control to President-elect Biden’s party.

The decade’s top-performers have produced returns of more than four-times their industry peers this year.

“It’s not just a shiny object, it’s really about content,” the firm’s head of ETFs and indexed strategies said.

A range of factors have been cited for the clean-tech rally, including maturing wind and solar industries after a collapse in oil prices earlier this year.

Despite growing to about $1.1 trillion in AUM, senior executives made a series of bets to keep pace in a changing industry that have yet to pay off.

The firm said that 88% of sustainable indexes did better than their non-sustainable counterparts in the first four months of 2020.

Economic damage wrought by the coronavirus has not stopped investors from piling into the companies able to churn out profits in the stay-at-home world.