Foxberry has launched the Foxberry Sustainability Consensus US Total Return Index.
The firm has also raised $550mm for the Legal & General ETF which tracks the index. The ETF is listed on the London Stock Exchange under the tickers RIUS and RIUG. The $550mm investment comes from Finnish pension insurance company, Varma.
Foxberry’s Sustainability Consensus Index offers exposure to US equities based on an exclusion methodology determined by the firm’s Sustainability Committee.