Investing has a Role in Ending Systemic Racism

Editorial: Morningstar's Jon Hale says investors have a role to play in ending systemic racism, and the way you invest can have a bigger impact than you might think

Jon Hale 11 June, 2020 | 10:37AM

Morningstar office

Systemic racism isn’t just about how African Americans are treated by police and the justice system. That’s one dimension of a much broader problem. It is also responsible for the pandemic disproportionately impacting African Americans. And it’s responsible for deep-seated economic inequalities that we as a nation have failed to address.

To better understand the scope of the wealth gap, this Washington Post article, with its insightful charts, is a depressing but absolute must-read. As is this Brookings Institution report from February. And Morningstar’s Christine Benz has compiled a comprehensive collection of statistics on the intersection of race, income and wealth.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Jon Hale  Jon Hale is a consultant with Morningstar Institutional Investment Consulting.

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