StockSnips Inc Launches ESG News Sentiment Product
Public Sentiment Measure Empowers Investor Decisions
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PITTSBURGH, March 8, 2021 /PRNewswire/ --
StockSnips Inc has announced an ESG News Sentiment product for socially responsible investing, built on their proven AI / Machine Learning platform.
StockSnips, a market leader in Financial News Sentiment Data, has released a new offering in the fast-growing ESG investment space. According to US Sustainable Investment Forum "The total US-domiciled assets under management using sustainable investing strategies grew from $12.0 trillion at the start of 2018 to $17.1 trillion at the start of 2020, an increase of 42 percent." The adoption of ESG criteria by asset managers reflects a structural shift in investor preferences towards rewarding responsible value creation. ESG indices have performed well during the uncertain market regime caused by the Coronavirus pandemic. Institutional investors have become more aware of how corporate governance and policies can impact communities.