Category Archives: Scrapbook

[cutting] Is Trump the tipping point for ethical investing? | Triple Pundit

The Left felt the political door slam shut [with Donald Trump’s election], and many are seeking new channels to drive change. While it’s too soon for formal studies, we are hearing reports from across the industry of record interest in socially responsible investing (SRI) and related strategies.

Source: www.triplepundit.com/2017/03/trump-tipping-point-ethical-investing/

[cutting] Socially responsible funds underperform | Financial Advisor

In a new paper that will appear in the April 2017 issue of the Journal of Banking and Finance, a top scholarly journal, the authors study over 2,000 funds. They argue that prior studies on SRI or CSR funds are flawed because those studies simply categorised funds as being either socially-responsible or conventional.

Source: www.fa-mag.com/news/socially-responsible-funds-underperform-31592.html

[cutting] As funds invoke bible values, others see intolerance | New York Times

Two new exchange traded funds offer a conservative evangelical—what is called “biblically responsible”—say in their regulatory filing that they will avoid buying shares in companies that have “any degree of participation in activities that do not align with biblical values,” including what they call the lesbian, gay, bisexual and transgender “lifestyle.”

Source: www.nytimes.com/2017/02/28/business/dealbook/christian-investment-funds.html

 

 

[cutting] BlackRock Rapidly Expanding ESG Reach | ETF.com

Deborah Winshel, BlackRock’s global head of impact investing, discusses why this investment space is expanding so quickly.

Source: www.etf.com/publications/etfr/blackrock-rapidly-expanding-esg-reach

[cutting] Securities lending lessons for responsible investors | IPE

Lending stocks to other investors for short periods is more nuanced than bad press about the activity has portrayed  and can be reconciled with being a responsible investor. The practice can generate income and create or transform liquidity , argued Roelof van der Struik, a portfolio manager at major Dutch pensions investor PGGM.

Source: www.ipe.com/news/esg/securities-lending-lessons-for-responsible-investors/10017769.article

[cutting] Alecta creates sustainability role as environmental work expands | IPE

Sweden’s biggest pension provider Alecta has created a new role – head of sustainability – reflecting the expansion of its work on sustainability issues beyond investment. 

Source: www.ipe.com/news/esg/alecta-creates-sustainability-role-as-environmental-work-expands/10017797.article

[cutting] Green infrastructure takes flight in Asia | Asia Asset Management

Asia will need to pool about US$26 trillion for infrastructure investment between 2016 and 2030, or $1.7 trillion per year, as climate change alters infrastructure needs in the region. This is more than twice the initial forecast of $750 billion in 2009.

Source: www.asiaasset.com/news/ADB_0103NL_NH.aspx

[cutting] Natixis global asset management launches Mirova Global Green Bond Fund | Press Release

Natixis Global Asset Management announced today the launch of the Mirova Global Green Bond Fund , a high-conviction fixed-income mutual fund managed by Natixis Asset Management US, LLC utilizing the investment and research expertise of Mirova.

Source: finance.yahoo.com/news/natixis-global-asset-management-launches-165200394.html

[cutting] Analysis: How racial bias could be hurting Silicon Valley’s bottom line | Washington Post

“This is not a social issue. This is a business issue. They are leaving money on the table,” said Tony Maldonado, an Apple shareholder and music and film executive. Maldonado is pushing a proposal along with Boston-based Zevin Asset Management, which markets itself as a socially responsible investment firm.

Source: www.washingtonpost.com/news/wonk/wp/2017/02/24/how-racial-bias-could-be-hurting-silicon-valleys-bottom-line/?utm_term=.0c82e560678d

[cutting] Ethical investment up-ended by Hunter Hall turmoil | Sydney Morning Herald

Investors with more than $1 billion between them with deep-green investment manager Hunter Hall, must be wondering what to do after the shock resignation of founder Peter Hall.  … Hall bet big that financial markets would be in turmoil following the election in November of Donald Trump as the president of the United States.

Source: www.smh.com.au/money/investing/ethical-investment-upended-by-hunter-hall-turmoil-20170222-guifq0.html