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Fidelity, Dynasty Back New Tech-Powered ESG Asset Manager

FYI: Ethic, an asset manager that uses technology to build custom sustainable investing portfolios for advisers, now has the backing of Fidelity Investments and Dynasty Financial Partners.

Fidelity was part of $13 million round of funding, led by venture capital firm Nyca Partners, which four-year-old Ethic closed Thursday.

The funding comes a week after Dynasty said it will make Ethic's environmental, social and governance (ESG) strategies available on Dynasty's turnkey asset management platform.
Regards,
Ted
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