November 2017

Pax World Management Agrees to be Acquired by IMPAX Asset Management Group PLC

>> Back to November 2017 Issue Combination of Sustainable Investment Leaders Will Significantly Expand their Investment Management, Global Research and Client Service Capabilities Pax World Management LLC (Pax), investment adviser to Pax World Funds and a pioneer in the field of sustainable investing with approximately $4.5 billion[1] in assets under management (AUM), announced in September […]

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US SIF Foundation Releases Resource Guide for Retail Investors: “Getting Started in Sustainable and Impact Investing”

>> Back to November 2017 Issue In response to rapidly growing demand for sustainable, responsible and impact (SRI) investing, the US SIF Foundation recently released a new guide for retail investors, “Getting Started in Sustainable and Impact Investing.” This resource is a concise guide for retail, non-accredited investors exploring investment options such as mutual funds,

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LIFT Economy named to the \”Best for the World\” 2017 List

>> Back to November 2017 Issue LIFT Economy was recently recognized for creating extraordinary positive impact as a business based on an independent, comprehensive assessment administered by the nonprofit B Lab. Honorees are featured on B the Change, the digital Medium publication produced by B Lab, at http://www.bthechange.com. LIFT Economy was honored on three separate

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Sustainability Reporting Trends in North America 2017

>> Back to November 2017 Issue Surprising Trends in Sustainability Reporting — Research shows US lagging Europe despite better revenue returns with strong reporting practices The Centre for Sustainability and Excellence (CSE) announces its second annual research of Sustainability Reporting Trends in North America 2017. This report presents 2015-2016 trends from 551 companies from the

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Six New Issuers Join ImpactUs Marketplace

>> Back to November 2017 Issue Financial technology provider ImpactUs announced in Sept and October the onboarding of six additional issuers to its impact investing platform, ImpactUs Marketplace. The Marketplace is a community-driven fintech platform offering institutions, individuals and financial advisors an extensive range of private impact investing opportunities. The first four issuers* are mission-driven

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Change Finance Launches CHGX, Impact Investing ETF

>> Back to November 2017 Issue Change Finance, a majority women-run asset manager, announced in October the launch of its first ETF. The Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free ETF (CHGX) is the only ETF that uses diversified impact screens to look beyond excluding fossil fuels, taking a comprehensive approach to

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The Magic of Money and Other Cautionary Tales

It began with a magic trick. When I was young a friend of my father\’s would pull a quarter out from behind my ear, and then make it disappear again. This became an apt metaphor for my relationship with money: one moment there and the next moment gone, feeding two powerful feelings about money: insecurity and lots of fear about never getting it back. My next memory of money was of being gifted with Kennedy silver half dollars on my birthdays (one for every year). Not realizing their worth, I spent most of them, but when I moved some years ago I found a stash of them in a small black bag.

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It\’s Monday Morning

It’s Monday morning, the beginning of a new week. The day starts with greeting the sunrise from our garden that faces to the East. A few minutes of taking in the energy that provides us so many benefits every day, and then some meditation, establishes the foundation for all else. After a stroll in the garden it is time to enter into the technological universe with a quick review of Bloomberg.com and WSJ.com. What is happening on the global stage and in the financial markets? How are the markets doing and how might global factors and the events of the day impact the people that I work with?

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Doubling Down on Impact: Leveraging all that I have for the World I want to see

As a child, money was tight; often a stressful topic at our house. Money messages included being prudent, entrepreneurial and thrifty. I wore hand-me-down clothes, planted seeds in our victory garden and overheard as my parents argued over whose turn it was to pick up the food stamps. My father taught math at a local high school and then took to the streets as a Fuller Brush salesman in the evenings. To bring in additional income, my mom corrected high school English papers and my father managed apartments to reduce our rent. I learned about the importance of saving money, of looking for opportunities, and of working hard.

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From Noble Poverty to my Brand of Joy

For my first 40 years I lived a life of \”noble poverty\”. When I heard that term I had a visceral reaction in my heart and my gut. I felt deeply understood, experiencing relief having named a condition I had lived with since I was a child. It is \”the belief that there is virtue in not having money and that good people do not have it\”. People with this mindset live by the phrase \”it is better to be good and poor than rich and evil\”. Now I understand that this mindset is based on a false dichotomy that you can have one or the other, and not both.

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