Calvert Research and Management announces Morgan Stanley Investment Management Inc.’s contribution to America Needs You
31 7월 2024 - 10:23PM
Business Wire
Calvert Research and Management (Calvert) announced today the
first contribution in the amount of $25,000 from Morgan Stanley
Investment Management Inc. (MSIM) to America Needs You (ANY), an
organization focused on driving economic mobility for
first-generation college students. The contribution is part of
MSIM’s effort to donate annually to diversity, equity and
inclusion-related organizations from its own resources in
connection with the Calvert US Large-Cap Diversity, Equity and
Inclusion Index ETF (NYSE Arca: CDEI).
Von Hughes, Managing Director and head of Calvert expressed his
support for the MSIM contribution noting that ANY is a natural
choice because the organization embodies the Calvert Principles for
Responsible Investing (the Calvert Principles).
“We believe that a more diverse workforce provides a wider range
of viewpoints, backgrounds and skills and positions companies for
greater long-term success,” said Mr. Hughes. “We are pleased that
investor interest in CDEI created an opportunity to support ANY in
its mission of providing transformative mentorship, career
development and broad support for first-generation college students
and recent graduates to increase workplace diversity across
industries.”
CDEI seeks to track the performance of the Calvert US Large-Cap
Diversity Research Index, which is composed of common stocks of
large companies that operate their businesses in a manner
consistent with the Calvert Principles. CDEI offers investors
exposure to companies that Calvert believes are successfully
managing diversity, equity and inclusion issues and is backed by
Calvert’s proprietary research.
CDEI is one of six Calvert-branded ETFs available on the MSIM
ETF platform, which launched in 2023. Additional offerings include
one Parametric-branded alternative income strategy, one
Parametric-branded hedged equity strategy, and seven Eaton
Vance-branded fixed income strategies for which MSIM serves as
investment adviser.
Morgan Stanley is a longtime supporter of ANY, a national
501(c)(3) non-profit organization that fights for economic mobility
for ambitious, first-generation college students. In addition, ANY
is a strategic community partner in the Morgan Stanley Institute
for Inclusion’s Equity in Education and Career Consortium. Over the
last 15 years, ANY has provided mentorship and intensive career
development training to over 6,000 low-income, first-generation
college students through its local Fellows Program in four states
and its digital program, FirstGenU. Each year, over 90% of Fellows
served by ANY complete internships and graduate from college and
nearly 80% secure a full-time job with a competitive salary within
six months of earning their diploma.
About Calvert Research and Management
Calvert Research and Management is a global leader in
Responsible Investing, offering one of the largest and most
diversified families of responsibly invested strategies. With over
40 years of experience, the firm seeks to generate favorable
investment returns for clients by allocating capital consistent
with environmental, social and governance best practices and
through structured engagement with portfolio companies. Calvert is
part of Morgan Stanley Investment Management, the asset management
division of Morgan Stanley. Learn more at calvert.com.
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its
investment advisory affiliates, has more than 1,400 investment
professionals around the world and $1.5 trillion in assets under
management or supervision as of June 30, 2024. Morgan Stanley
Investment Management strives to provide outstanding long-term
investment performance, service, and a comprehensive suite of
investment management solutions to a diverse client base, which
includes governments, institutions, corporations and individuals
worldwide. For further information about Morgan Stanley Investment
Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services
firm providing a wide range of investment banking, securities,
wealth management and investment management services. With offices
in 42 countries, the Firm's employees serve clients worldwide
including corporations, governments, institutions and individuals.
For more information about Morgan Stanley, please visit
www.morganstanley.com.
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Media Relations: Colleen McElhinney 617.672.8995
Colleen.McElhinney@morganstanley.com
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