The UUA joined 200 institutional investors with a combined $6.5 trillion in assets under management in calling on 47 of the largest corporations in the US to align their climate lobbying with the goals of the Paris Agreement. The announcement from … Continued
Risk assets were in the black in September following a challenging summer marked by an escalating trade war between the United States and China, and sluggish economic growth. Global equities rallied as central banks in the US and Europe eased … Continued
Equity markets lagged in August as trade tensions between the US and China resurfaced and investors fretted over slowing global economic growth. The S&P 500 Index declined 1.6% last month as the US manufacturing sector grew at its slowest pace … Continued
Most asset classes recorded modest returns in July on the heels of stellar performance in the first half of the year. Domestic equities outperformed with gains of 1.4%—bringing year-to-date returns to 20.2%—as the S&P 500 Index hit a record high … Continued
Reversing their sharp declines from a month earlier, equities posted strong gains in June on the back of a more accommodative pivot from global central banks responding to muted inflation, ongoing trade concerns and weakening economic data. The S&P 500 … Continued
Andrew McGeorge will join the staff as the Association’s new Chief Financial Officer (CFO). Andrew succeeds Tim Brennan who is stepping down after thirteen years as Treasurer/CFO. Tim plans to continue to work in the field of socially responsible investing as a … Continued
Before entering ExxonMobil’s annual meeting in Dallas last week, shareholders had to pass local activists holding a 100-foot-long banner with the message “Climate Crisis: #ExxonKnew—Make Them Pay.” I attended the meeting for the fourth year in a row and was not … Continued
It appears markets were ready to take off for the summer as the “sell in May and go away” adage took effect. Equities declined across the board amid renewed concerns around US trade policy. The S&P 500 Index came off … Continued
Shareholder proposal by faith investors likely to attract substantial support. The shareholder proposal on lobbying disclosure filed by faith-based investor the Unitarian Universalist Association will go to a vote later today at BlackRock’s AGM in New York, amid expectations that it will … Continued
Coming off a strong first quarter, stocks continued their run in April amid the Federal Reserve’s more dovish stance. The US led the way, with the S&P 500 Index increasing 4% during the month – pushing year-to-date returns to 18.2%. … Continued