WatersEdge Foundation picks Veriti for global equity with ESG screens
WatersEdge Foundation picks Veriti for global equity with ESG screens WatersEdge Foundation picks Veriti for global equity with ESG screens WatersEdge Foundation, Oklahoma City, hired Veriti Management to run a $120 million passive global equity portfolio, but with some companies screened out for ESG issues. The foundation hired Veriti to run its direct indexing strategy in a customized long-only equities separate account, which matches the MSCI World index after screening to eliminate companies offensive to the foundation's beliefs and values, David Depuy, chief investment officer confirmed...