(Bloomberg) -- Hartford Funds is launching its first commodity-focused, exchange-traded fund as prices soar for everything from natural gas and copper to aluminum and sugar.Hartford Schroders Commodity Strategy ETF will invest in a wide range of energy, metals and crop futures and swaps, as well as commodity-related equities and treasury bills, the asset manager said Wednesday. A unit of Schroders Plc will act as sub-adviser. Hartford Funds, the firm responsible for the launch, is a subsidiary o
SCHRODERS PLC (SHNWF) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
BlackRock, Fidelity and M&G are among 125 firms endorsed under Britain's tougher best practice code to stop "greenwashing" by asset managers, though Schroders and 63 others failed to make the grade, the Financial Reporting Council said on Monday. Asset managers are under greater scrutiny from securities regulators globally to prevent greenwashing, or exaggerating the climate-friendly credentials of their products to investors. The FRC beefed up its decade-old stewardship code in 2020 to stop "boiler plate" statements about investment decision-making that it said did little to show if investors were getting value for money.