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RiskMetrics Group, the US-based provider of corporate governance services to global financial markets, has acquired Innovest Strategic Value Advisors.
RiskMetrics said its purchase of the New York-based sustainability research company – for an undisclosed sum – would increase the company’s presence in the environmental, social and governance research field.
Innovest, established in 1995 by Matthew Kiernan and Hewson Baltzell, specializes in analysing companies’ social and environmental performance.
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