We have recently completed implementation of new software used for transaction accounting of congregational, affiliate organization, and UUA endowment accounts and trusts held in the Common Endowment Fund. This new software will provide transactional information and additional statement information to … Continued
In the investment and environmental communities, there has been a lot of discussion about stranded energy assets in the last few years. A recent article in the Guardian state that US and Chinese companies top the list of most polluting … Continued
Recently, Tim Brennan, Treasurer and Chief Financial Officer of the UUA was interviewed by Cleveland.com. As the fifth largest investor-owned utility in the country, American Electric Power has the potential to lead the industry in clean energy. Renewable energy and energy … Continued
Financial markets reversed course in February as global equities rallied. The MSCI EAFE Index returned 6.0% amid investor anticipation of the European Central Bank’s quantitative easing program, which kicks off this month. The gains were also driven by strong returns … Continued
Global equities were a mixed bag in January as investors responded to diverging monetary policies and the resulting potential for an uptick in volatility. The S&P 500 fell 3.0% on the month while emerging markets were modestly positive as the … Continued
US equities scaled new highs in December amid optimism around the economy. To this end, the S&P 500 returned 13.7% for the year and the Russell 2000 gained 4.9%. These advances came amid a slump in the rest of the … Continued
This fall, we have continued to reduce the fossil fuel holdings of the UUCEF. As of January 1, 2015, our active investment portfolio will include only eight oil and gas producers included on the Carbon Tracker list of the 200 … Continued
Oikocredit featured UUA Treasurer and CFO, Timothy Brennan, in its December Investor Spotlight. Oikocredit is but one of the many community investments in the Unitarian Universalist Common Endowment Fund. Through community development, investors designate part of their portfolio for credit unions, … Continued
Unbelievably another decade has passed since one of the most horrific industrial disasters in history occurred in Bhopal, India. What isn’t unbelievable is that shareholders are still calling for Dow to accept responsibility and to clean up the tons of … Continued
After a spike in volatility in October and a subsequent recovery, it was back to more of the same for US markets in November as many domestic equity indices scaled new highs. Conversely, 10-year government bond yields in many countries—Germany, … Continued