img-responsible-investing-1

Thought Leadership

Sustainable Investment Solutions Symposium: The View From Boston

on Jul 18, 2019 12:20:31 PM By | First Affirmative | 0 Comments |
You’ve probably noticed that the First Affirmative team has been on the road quite a bit over the last few months as we co-present the 2019 Sustainable Investment Solutions (SIS) symposium series. Last week we were in Boston for yet another great SIS event.
Read More

Investing for Impact: Stories from Sustainable Investment Solutions, Washington, D.C.

on Jul 11, 2019 1:53:48 PM By | Amy Thacker | 0 Comments |
I was so encouraged when I attended the recent Sustainable Investment Solutions event in Washington DC on June 25 sponsored by a group of premier asset managers. With close to 60% of the room filled with advisors, 30% of whom were attending their first ever impact investing event, there was robust discussion, a lot of great questions and genuine enthusiasm all around.
Read More

FPA NexGen: The View from New Orleans!

on Jun 25, 2019 1:20:29 PM By | Danielle Burns | 0 Comments |
The vibe: dynamic! The venue: nostalgic! The content: strong! The event: impactfully unconventional.
Read More

The Next Generation of Advisors is Embracing Sustainable, Responsible, and Impact Investing

on Jun 19, 2019 4:34:09 PM By | Theresa Gusman | 0 Comments |
First Affirmative’s key messages to advisors at the 2019 FPA NextGen Gathering:
Read More

Market Commentary March 2019

on Apr 25, 2019 1:10:45 PM By | First Affirmative | 0 Comments | Market Commentary
Also In this Issue: Outlook — Modest Equity Returns Amid Higher Volatility | Quarterly Performance Benchmarks | Fixed Income Commentary Download PDF Volatility reigns: It just feels better on the upside By Theresa Gusman Volatility reigned in the first quarter. The US stocks surged higher, posting their best quarter in nearly a decade and offsetting the fourth quarter downdraft. Equity markets rebounded worldwide led by China, as US-China trade tensions eased, and the Fed signaled that it is unlikely to raise rates in 2019. The first quarter was the mirror image of the fourth. Growth stocks outperformed value, small outperformed large, economically sensitive sectors topped the performance charts, oil prices rebounded, and China was the top performing market in the world. We remain convinced that the fourth quarter ushered in a period of equity market volatility (which always feels better on the upside), asynchronous and decelerating global economic and profit growth, and negative earnings surprises.
Read More

Economic Commentary March 2019

on Apr 25, 2019 1:10:23 PM By | First Affirmative | 0 Comments | Economic Commentary
Slowing Continues By Mel Miller, CFA® | Chief Economist Download PDF The December Economic Commentary highlighted my concern that the economy might have slowed “too much.” As I share the first quarter results in this publication, I still can not answer the question. The fourth quarter Gross Domestic Product (GDP) grew 2.2%. The first quarter GDP slowed from the fourth quarter but by how much? Is a recession on the near horizon? Let’s examine the data.
Read More

Affirmative Impact March 2019

on Apr 25, 2019 1:10:10 PM By | First Affirmative | 0 Comments | Affirmative Impact
Government Shutdown Impacts 2019 Proxy Season By Holly Testa Download the PDF The start of this year’s shareholder proposal season was shrouded in uncertainty, as the government shutdown late last year included the Securities and Exchange Commission (SEC) that is responsible for oversight of the process. Companies have the option of filing no action requests with the SEC that, if granted, allow them to omit certain proposals that the SEC deems deficient in accordance with current rules. Shareholders have the option to defend their proposals. The SEC is back in action, but the back log of no action requests is substantial, according to a recent preview, with about three –quarters of over 50 no action requests filed still yet to be decided as of April 1.
Read More

Nucor Resolution Supporting Statement 2019

on Mar 22, 2019 10:30:00 AM By | First Affirmative | 0 Comments | Advocacy
PROXY MEMORANDUM Date: March 20, 2019
Read More

SBA Communications Commits to Sustainability Reporting

on Feb 11, 2019 1:21:34 PM By | First Affirmative | 0 Comments | Shareowner Advocacy and Impact
First Affirmative Financial Network withdrew a shareholder proposal filed at SBA Communications, Inc. that asked the company to issue a report describing the company’s environmental, social, and governance (ESG) policies, performance, and improvement targets. SBA Communications owns and operates wireless infrastructure in the US, Canada, and Central and South America and is a recent addition to the S&P 500. The Company is amongst a small minority of our major portfolio holdings that lack sustainability reporting, and is in the 15% minority of S&P 500 companies lacking such reporting.
Read More

Advocacy and Impact Jan 2019

on Jan 24, 2019 8:15:33 AM By | First Affirmative | 0 Comments | Shareowner Advocacy and Impact
Celebrating a Decade of Shareholder Advocacy First Affirmative reached an important milestone at the end of 2018, marking 10 years since we launched our advocacy program, completing our first full year of direct corporate engagement in 2009. We have since pursued an increasingly ambitious advocacy agenda to expand our engagement reach and impact.
Read More