End of Week Notes Why the anti-ESG campaign won’t work The massive Red Wave that threatened to swamp Democrats in the midterm elections turned out to be a trickle made possible by gerrymandering. If I may put my political science cap on for a moment, it never stood to reason that this would be a typical midterm because we are not living…

End of Week Notes And a must-read on how CRT is morphing into anti-ESG/”woke” capitalism To say this year has been a challenging one for sustainable funds may be an understatement. The growth of sustainable funds’ assets in the U.S. over the past several years occurred in a generally bullish environment in which most sustainable funds outperformed. But this year, both…

Sustainability Matters Here are some water stocks and water funds to consider The case for investing in water is driven by the challenge of providing enough freshwater to meet growing demand against the backdrop of climate change. Global population growth along with improving living standards in developing countries are increasing demand for clean drinking water and for the use of water…

Sustainability Matters Hint: It’s not end investors, asset managers, or corporations. A New York Times article this week shed some light on who is behind the anti-ESG campaign coming from the political right in the United States. Prominent Republican politicians like former Vice President Mike Pence, Florida Gov. Ron DeSantis, and Sen. Tom Cotton of Arkansas have spoken out against…

Sustainability Matters Energy underweighting is not as big a factor. As the third quarter draws to a close, markets continue to struggle. Equities are in bear market territory. The Morningstar US Market Index is down 23.8% for the year to date (all performance data is through Sept. 27). The Morningstar Global Markets Index is down 24.8%. In addition, bond prices have…