US sustainable, responsible and impact (SRI) investing continues to expand. The total US-domiciled assets under management using SRI strategies grew from $6.57 trillion at the start of 2014 to $8.72 trillion at the start of 2016, an increase of 33 percent, as shown in Figure A. These assets now account for more than one out of every five dollars under professional management in the United States.
This week on Sea Change Radio, in the second half of our discussion with former senior advisers to the Bernie Sanders campaign, Becky Bond and Zack Exley, host Alex Wise struggles with the harsh reality of an incoming President completely unqualified and unprepared to lead the planet's only superpower. We recap the 2016 presidential election and draw parallels between the fight to improve this country's healthcare system and the battle to cut carbon emissions.
All over the world people who care about the environment are watching the US President-Elect sketch out a blueprint for disaster. To head the EPA he has tapped a man who demonstrates open disdain for the very agency he would be running, and for Department of Energy Chief his choice is a guy who announced on a national stage that that department should be dismantled. It’s no wonder climate scientists around the country are scrambling to back up their research data, fearing it might vanish in the years ahead.
By Kathleen McQuiggan, Senior Vice President of Global Women's Strategies for Pax World Management LLC and Managing Director of Pax Ellevate Management LLC
Imagine walking into your first Wall Street job, fresh out of college, ready to take on the world. That was me twenty-five years ago when I boldly entered the world of finance as a sales assistant for two institutional brokers. At the time I knew nothing about investing or client service, but I knew that it was a fantastic opportunity to learn and it was an environment in which I could thrive – so I was all in.
By Amy Domini, founder of Domini Social Investments and partner in The Sustainability Group
As I was working on this article, the old Buffalo Springfield lyrics kept buzzing through my mind. “There's something happening here; what it is ain't exactly clear.” The more I looked at actual research about women as investors, both as investment managers and as persons making decisions about how and where to entrust their savings, a conundrum became apparent. Women are good investors, better than men, but women are not trusted to run portfolios.
How the Transfer of Weaith is Transforming Wall Street
by Lynne Ford, Executive Vice President, Calvert Investments
Three important trends are already changing the asset management industry, and are poised to become even more important in the coming years. First, based on their spending and earning power, women now represent a growth market bigger than those of China and India combined. This reality was identified by Kate Sayre and Michael Silverstein of the Boston Consulting Group in their article “The Female Economy.”
As we all know, this year’s financial and political events are already moving quickly. I started 2016 by shifting my online news source from The New York Times to The Wall Street Journal, trying to learn about the world through a difference lens and gain a new perspective on business, politics and money.
Politics are omnipresent this year, from the surprisingly intolerant Left (where free speech isn’t always free) to the ever-righteous Right (where liberal values are seldom welcome).