News
Investors commit to racial justice action
The pledge is signed by a wide range of asset managers, foundations and faith-based investors, including the Interfaith Center on Corporate Responsibility, the Intentional Endowments Network, Cornerstone Capital, Trillium Asset Management, and Zevin Asset Management....
Erika Karp: How I have invested in the road less traveled
It feels like a hundred years ago that I first walked onto the vast trading floor of one of the world’s largest global investment banks. All I could think was, “Cool.” I was enthralled by the energy and intensity. There seemed to be important work being done and new...
The unmasking of Corporate America
“Your standard research analyst is not going to ask, ‘Please articulate your efforts to become an anti-racist, multicultural organization,’” Erika Karp, founder and CEO of Cornerstone Capital and a Wall Street veteran, told me last week. Read more
Stocks Rally on Dip-Buying After Rout; Bonds Drop
“I don’t think that much has really changed. It’s just investors are so trained to buy that dip, they are riding that now,” said Shahnawaz Malik, senior investment advisor at Cornerstone Capital. Read more
The looming climate crash
Sustainable investing is all the rage these days, but it can be tough to get to the bottom of how well anyone is really doing achieving their environmental, social and governance goals. Our colleague Ryan Heath recently took a look at the institutions trying to...
How green is my investment? It’s hard to tell
“Too many (investment) frameworks are heavy with flawed data,” Erika Karp, CEO of Cornerstone Capital, told POLITICO. Read more
Fund Managers Find COVID-19 Makes Best Ex Best Effort
“There is no single barometer for best execution,” says Jacob Rappaport, managing director and head of equities trading for broker-dealer INTL FCStone in New York. Read more
Seniors and millennials more alike than people think.
The Catch of the Day comes from Joe's daughter and "Apple", and later in the show our interview with Paige Schaffer from Generali Global Assistance on the digital habits of seniors and millenials and the latest scams. Listen to the full segment here
Analysis: Dairy commodity prices continue surge in recent weeks
Dairy commodity prices continued their surge higher over the last couple of weeks, according to multi-national financial services firm INTL FCStone. Read more
Hong Kong row unlikely to kill US-China trade deal, Beijing advisers say, but traders fret over superpower rivalry
Darin Friedrichs, a soybean analyst in Shanghai at INTL FCStone added that “Brazilian shipments have been incredibly strong”, with China “averaging 2.5-3 million tonnes per week of soybean arrivals now which is massive”. Read more