In our latest ESG viewpoint, Robin Powell explores the tribal nature of ESG Investing and whether sustainable investing is an unstoppable force. ESG investors are often classified as dark green or light green. Robin is a self-confessed ESG moderate – preferring mid-green – and his view is that most investors are also.VIEW
Garrett, Bernd and Andrew have all featured in a variety of articles, essays and videos, which you can access here:
Most people don’t like inflation. Whether you’re Chancellor of the Exchequer, a small business owner or just a householder trying to make ends meet, rising prices are never welcome. No wonder Ronald Reagan called it “as violent as a mugger, as frightening as an armed robber, and as deadly as a hit man”.VIEW
Welcome to the third episode of the GSI Podcast, from Global Systematic Investors, presented by financial journalist and author Robin Powell. In this episode we’re going to look at Shareholder Coalitions. Joining Robin is Helen Wiggs from ShareAction. ShareAction is a charity that promotes responsible investing and works to improve corporate behaviour on environmental, social, … ContinuedVIEW
Welcome to the second episode of the GSI Podcast, from Global Systematic Investors, presented by financial journalist and author Robin Powell. In this episode we’re going to look at Active Ownership. Joining Robin is Paul Hewitt from Minerva Analytics. Minerva is a Solactive company and is a financial technology firm specialising in proxy voting, and … ContinuedVIEW
GSI launched the GLOBAL SUSTAINABLE FOCUSED VALUE FUND in June 2021, growing to over £165m in 9 short months.VIEW
Welcome to the very first GSI Podcast from Global Systematic Investors, presented by financial journalist and author Robin Powell. In this episode we’re going to look at ESG ratings. What exactly are they? How do ratings agencies form conclusions? And, how reliable are those conclusions from the investor’s point of view? Hello and welcome to … ContinuedVIEW
On 24 February 2022, Russia launched a large-scale invasion of Ukraine, marking a dramatic escalation of the conflict between the two countries that began in 2014. The war has already inflicted widespread destruction on Ukraine and it is causing a major humanitarian disaster.VIEW
Its Aim, It Says, Is “To Impact The Lives Of Our Clients, Our Community And Our Team For The Better, Forever.”
One of the financial planning firms that are putting ESG at the heart of its business and investment process is Paradigm Norton. Based in Bristol, the firm serves more than 1,400 families and employs around 85 people.VIEW
The idea that if you want to invest sustainably you need to use a traditional active manager is nonsense. That’s the view of SAM ADAMS, the former Head of Financial Adviser Services for Dimensional in Europe. Sam now runs Vert Asset Management, a consultancy based in California that works with financial advisory firms on developing … ContinuedVIEW
SAM ADAMS is well known to financial advisers in the UK. He spent 17 years with Dimensional Fund Advisors, most of them in London, and started DFA’s European operation. Now based near San Francisco, Sam’s professional focus these days is on ESG. Vert Asset Management, the consultancy firm he runs with his wife Sarah, helps … ContinuedVIEW
ESG funds saw huge inflows in 2020, as companies with the top ESG rankings comfortably outperformed those with lower rankings. Some analysts have welcomed the gap in valuations, seeing them as validation of the idea that listed companies should pay attention to the needs of all stakeholders — including employees, customers and wider society.VIEW
In this article, we would like to explain, in simple terms, the way we measure value, which is an important part of our investment process.VIEW
Diversification matters but what guide do investors have to indicate a fund’s level of diversification? In this brief note we point out that the standard measure can be misleading, and we propose an alternative.VIEW
Elroy Dimson: Six things investors need to know about the downturn. Do stock markets have further to fall? How long and severe will the recession be?VIEW
Professor Elroy Dimson is someone who understands more than just about anyone else alive today how financial markets have responded to economic shocks throughout history.VIEW
Advisers who thought that sustainable (or ESG) investing was a passing fad need to think again.VIEW
The event went extremely well and the questions and feedback we had on the day, from the advisers who attended was extremely valuable.VIEW
Q&A with Max Tennant and Garrett QuigleyVIEW
Sustainability or Environmental, Social and Governance (ESG) has become an increasingly popular topic in investment management.VIEW
There has been widespread adoption of sustainable approaches to investing over recent years.View
Summarising recent empirical evidence on equal sector-weighted portfolios in the UK.VIEW
Here are some educational videos which we’ve made or featured in, which help to explain some of the principles which make up our investment approach:
GSI – Beyond the Cap-Weighted Index
Dr. Nick Motson of Cass Business School discusses issues with investing in market-weighted index portfolios, which tend to be heavily concentrated in a small number of mega-cap stocks. Alternative, more diversified approaches have generated superior risk-adjusted returns in the past, mostly due to their exposure to value and size factors.
A Dummy’s Guide to Smart Beta, part three
The term “beta” was first introduced by Nobel Laureate William Sharpe in the 1960s. In simple terms, it denotes the risk of the stock market. But in the intervening half a century, several other risk factors have been identified and quantified. Features Garrett and Bernd on GSI’s model, which increases diversification in a cap-weighted portfolio to smooth out the highs and lows.
Passive Investing Theory, part four: Portfolio Theory
Diversification has been called ‘the only free lunch in investing’ and is the driver behind Portfolio Theory, developed in 1952 by Harry Markowitz and later expanded upon by William Sharpe in his Capital Asset Pricing Model, and Eugene Fama and Kenneth French in their Three Factor Model. With contributions from Garrett and Bernd.
Passive Investing Theory, part two: The Random Walk
Exploring the foundations of passive investing and the men who brought it to global significance. This video describes the Random Walk theory: the belief that share prices are not predictable as they are based on reaction to information that is being fed into the market completely randomly. Features Bernd, alongside other industry specialists.