Monthly Archives: November 2019

Sustainable Investing is Seeing Incredible Growth

2019 is on track to triple the previous annual record for inflows into sustainable and ESG mutual funds and ETFs. We’ll take a look at the rapidly growing popularity of impact investing and what it means for the investment landscape.

Morningstar reports that 2019 has seen record fund flows into sustainable and ESG investments. The calendar-year record to date was in 2018, with just over $5.5 billion in assets going into sustainable investments, and no quarter (before this year) had seen inflows greater than $2 billion. But in 2019, each of the first three quarters has been marked by more than $4 billion in funds headed into sustainable mutual funds and ETFs. This year as a whole is likely to triple the previous record. Read more »

Unicorns: Putting Things in Perspective

According to Merriam Webster Dictionary, the definition of a unicorn is:

  1. a) a mythical, usually white animal generally depicted with the body and head of a horse with long flowing mane and tail and a single often spiraled horn in the middle of the forehead
  2. b) or something unusual, rare, or unique

The term unicorn has a different meaning in the investment world. In the venture capital industry, a unicorn refers to any tech startup company that reaches a $1 billion dollar market value as determined by private or public investment. The term was originally coined by Aileen Lee, founder of Cowboy Ventures. Read more »

SECURE Act: The Coming of Multiple-Employer Plans

In April, the House Ways and Means Committee voted to move forward with the retirement legislation entitled the “Setting Every Community Up for Retirement Enhancement (SECURE)” Act of 2019. Among other key features of the legislation that will help improve retirement saving and security for Americans, one of the main proposed benefits is the authorization of multiple-employer plan (MEP) arrangements. A MEP is a single retirement plan that is offered by two or more unrelated employers that share a required common nexus or interest. These types of plans are governed by Section 413(c) of the Internal Revenue Code and have been deployed successfully for many years by trade associations and professional organizations. It is only with the passage of the SECURE Act that the MEP concept will be available for all types of employers. Read more »