Square Mile acquires Ethical Money

Expanding its impact investment capabilities

Lauren Mason
Square Mile's Richard Romer-Lee

Square Mile's Richard Romer-Lee

Square Mile Investment Consulting and Research has acquired Ethical Money and its trading entity 3D Investing in a bid to enhance its ESG, SRI and impact investment capabilities.

3D Investing is a research house that assesses the underlying holdings of impact funds based on whether they can make a "positive or measurable" environmental or social change. A spokesperson for Square Mile said this is an "excellent complement" to the firm's responsible investing research, which lists funds under three categories: exclusion, sustainability and impact, and assesses them based on their long-term performance objectives as well as their ESG capabilities.   The acquisition will see 3D Investing founder John Fleetwood become director, responsible and sustainable investing...

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