The European Union (EU) has sweeping reforms of financial markets coming into force January 3, 2018. They will affect Wall Street firms in many ways, covering all transactions of EU securities wherever traded worldwide. Whether the firm is on the buy-side: portfolio managers, mutual funds, institutional investors, or on the sell-side: broker-dealers, investment advisors, researchers, consultants, MIFID II will affect business models, research, trading, reporting and order execution.
by John Streur, president and CEO, Calvert Research and Management
The responsible investing movement that we have started and shaped has reached the end of the beginning, with a broad and strong foundation that will evolve to provide the superstructure of our society’s continuing struggle to address and solve its greatest challenges. Our efforts are working, and we are being joined in our mission by more investors worldwide every day.
The inside story on the award-winning publication from its founder
by Cliff Feigenbaum, founder and managing editor, GreenMoney Journal and GreenMoney.com
Twenty-five years. Is that possible? Have I been publishing the GreenMoney Journal for 25 years? When I realized that 2017 was upon us, and that 25 years had passed, I knew it was time to take a look “back” to the future that GreenMoney has been striving to help create since 1992.
by Kathleen McQuiggan, Senior VP, Global Women’s Strategies, Pax World and Managing Director, Pax Ellevate Management, LLC
For an industry that prides itself on mastering risk management, finding value and uncovering arbitrage opportunities, I think the financial services sector is falling flat. Why? Because most firms are overlooking one of the biggest investment opportunities ever: women.
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.
by Amy Domini, founder, Domini Social Investments and The Sustainability Group
One of the most stubborn problems facing practitioners of responsible investing is the name game. Despite the fact that the practices of any one firm are almost universally accepted practices at all firms, we ourselves choose to confuse the public with a myriad of names. Business schools ‘teach’ nuances implied by the use of differing titles; our own sales literature emphasizes one language while attempting to position this as an advance over other phrases.