E-newsletter of Investing for the Soul
June 28, 2007
Investment news/commentary for spiritually or ethically oriented investors
Employing Socially Responsible Investing (SRI)!
Can this be true? According to sources cited in this
report, there are at least three dozen hedge funds
applying environmental and social screens. Many of
them see such positioning as an added benefit to
gaining more investors. Some of these funds, by
going ’short’, may even bet against companies with
the worst environmental and social policies. (Going
short means borrowing shares you do not own [from a
broker], then selling them now, hoping to buy the
same shares back latter at a lower price. For
instance, by selling the shares at $50 and then
buying them back latter at $30, you make a $20
profit per share.)
Cite Possible Winning Companies In Climate Change
Environmentally oriented investors may find some
useful investment related information in these
reports. Read the summary of these leading bank
Financial Advisor - Client Relationship.
State Street Global Advisors and Knowledge@Wharton
(University of Pennsylvania) have completed an
interesting survey of the financial advisor - client
relationship. It is a useful read for all investors,
especially the charts on pages 12-14. The charts
frequently show marked differences between what
advisors believe their clients perceive or
understand in relation to fees, trust, satisfaction
with their advisor, etc. - and what those clients
Ethical funds have been frequently enjoying above
average gains in part because they have not invested
in some industries that have lagged the market
generally. This is what I have been predicting would
happen - see
Trade Commission (FTC) Wants To Stop Whole Foods
Market Inc.’s Proposed Takeover Of Wild Oats Markets
I suppose the FTC is concerned that the two largest
organics food retailers would create some sort of
monopoly. I suggest that they visit almost any other
large US supermarket to see just how absurd that
19% Of US
Defined Contribution (DC) Pension Plans Offer
Socially Responsible Investing (SRI) Options;
Another 41% Will Within Three Years.
As reported on June 1, the growth of SRI options in
DC pension plans for US employees is growing fast.
Now we have the full details of the Mercer
Investment Consulting Report. See the article below.
Greenest Companies According to UK Newspaper & EIRIS.
The UK’s The Independent newspaper and
Ethical Investment Research Services (EIRIS) report
on what they consider to be the greenest companies
in Britain and the world.
Green Companies Make Big Gains In London.
Large mainstream funds are now going green and
contributing to significant price rises in green
companies on the London Stock Exchange. We are still
in the early stages of the green revolution.
However, as in all past technological phase
transitions, there will only be a few winners. If
you are considering investing in this area, be sure
to seek both expert technical and investment advice.
Note: Articles are linked to the original source. Some sites may require registration, and may, or may not, archive stories. All links were active at the time of publication.
Disclaimer: Neither The Soul Investor nor Ron Robins make investment recommendations. Nothing in this newsletter should be interpreted as a recommendation or solicitation to buy/sell any securities or investments. The Soul Investor is a source of general information and resources for spiritual investing, ethical investing, and socially responsible investing (SRI). Investors should consider their actions thoroughly and consult their professional advisers prior to taking any investment action. The Soul Investor does not necessarily agree with the opinions expressed in articles in its newsletter or offered on the web pages to which it might be linked. Such opinions are the responsibility of the writers themselves. Furthermore, The Soul Investor does not offer or provide any warranties, representations, guarantees, implied or otherwise, as to the accuracy, legality, copyright compliance, timeliness or usefulness of the information, materials or services in this e-newsletter, or other sites, to which it might be linked.
The Soul Investor is a publication of Investing for the Soul, a registered business name in Ontario, Canada. Copyright © 2007 Ron Robins. All rights reserved.