Responsible Investing | Articles

Commonfund Diversity, Equity, and Inclusion Policy

 
Responsible Investing | Articles

Nonprofit Leaders Spotlight | Marvin Owens, Senior Director, NAACP Economic Department

Founded in 1909 in response to the ongoing violence against Black people around the country, the NAACP (National Association for the Advancement of Colored People) is the largest and most pre-eminent...
Responsible Investing | Press Releases

Diverse Manager Portal Re-opens

WILTON, CT (August 24, 2020)— Commonfund, a prominent asset manager for endowments, foundations and public pension investors, announced today the re-opening of its online Diverse Manager Portal (“The...
Governance And Policy | Articles

Intergenerational Equity and Sustainable Investing

Intergenerational equity was defined by economist James Tobin in 1974. He wrote, “The trustees of endowed institutions are the guardians of the future against the claims of the present. Their task in...
Responsible Investing | Videos

Examining the Sustainability Conundrum

Sustainable investing, sometimes called ESG (Environmental, Social, Governance) investing, has been a hotly contested topic for years. And the debate continues with both supporters and naysayers...
Responsible Investing | Insights Blog

Diversity, Equity, and Inclusion: Staying the Course in Uncertain Times

The times we are living in are unprecedented. On March 11th, the World Health Organization (WHO) declared that the spread of COVID-19 constituted a global pandemic. Currently, in the U.S., the virus...
Responsible Investing | Articles

Viewpoint | Responsible Investing: Evolution, Not Resolution

In recent years, responsible investing has received mounting levels of attention from all quarters of the investment management field, from institutional investors large and small to global asset...
Responsible Investing | Articles

The Sustainability Conundrum

Sustainable investing, sometimes called environmental, social, and governance (ESG) investing, has been a hotly contested topic for decades, an the debate continues with both supporters and naysayers...
Investment Strategy | Insights Blog

Commonfund’s First Invitational Diverse Manager Day

On January 16th Commonfund held its first invitational Diverse Manager Day. The day was made possible as a result of the success we had from submissions to the Diverse Manager Portal launched last...
Investment Strategy | Insights Blog

Impact Investing - A Market Matures

Investment strategy influenced by altruistic intentions – broadly, impact investing – has long held sway in a small number of portfolios. Historically, impact investing has failed to gain significant...
Private Capital | Insights Blog

Integrating ESG into Your Private Equity Portfolio

Many investors today, particularly nonprofits, are seeking to align their investment portfolio with the mission of their organization. Commonfund is a signatory to the PRI and as part of our...
Investment Strategy | Insights Blog

Announcing the Commonfund Diverse Manager Portal

In the fall of 2018, Commonfund announced the creation of its Diversity and Inclusion Office with the mission to “intentionally promote and foster inclusion and equity across Commonfund and our...
Investment Strategy | Insights Blog

Looking at Gender Lens Investing

What is Gender Lens Investing? Gender lens investing has garnered significant traction in the last decade. Broadly speaking, gender lens investing aims to achieve financial returns and benefit...
Investment Strategy | Insights Blog

Diverse and Emerging Manager Programs: Worth Doing Well

Michael Rowland is the Commonfund Institute Summer Intern.  He is a rising senior at Case Western Reserve University. He is majoring in Finance and Accounting.  What are Diverse and Emerging Manager...
Responsible Investing | Insights Blog

Commonfund Forum: A Carbon Neutral Event in 2019

In just two years Commonfund will celebrate its 50th anniversary as a non-profit investment manager for educational endowments, foundations and other tax-exempt investors. Throughout those almost...
Investment Strategy | Insights Blog

Getting Started in Responsible Investing

The biggest challenge in implementing any type of responsible investment program is in clearly defining and prioritizing those issues most relevant to an organization. Although it may seem a...
Responsible Investing | Insights Blog

Identifying an “E” Factor

Over the past year the Commonfund investment teams have undertaken research to identify and isolate a new factor associated with the environmental sustainability of a stock (or a portfolio of...
Responsible Investing | Insights Blog

Applying the Endowment Model to Diversity and Inclusion

Commonfund recently launched a Diversity Office, a formal, cross departmental effort focused on diversity and inclusion. The mission of the Commonfund Diversity Office is to intentionally promote and...
Responsible Investing | Insights Blog

Viewpoint: Responsible Investing - Read All About It

The new and newsworthy in this year’s Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community Foundations® (CCSF) is headlined by responsible investing. No other...
Responsible Investing | Insights Blog

What are the Differences Between SRI and ESG?

The Challenges of Terminology There are a great many terms referring in some way to practices related to responsible investing: socially responsible investing; mission-related investing; impact...
Investment Strategy | Articles

Diversity and Emerging Managers

The benefits of diversity are widely recognized in the work place and among educational institutions and other nonprofits. Yet, the concept of investment management firms that are minority owned and...
Responsible Investing | Articles

ESG Investing Becomes Mainstream

The subject of ESG, or investing in accord with environmental, social and governance principles, arose in several sessions at Commonfund Forum 2018. One session, in particular, was devoted to the...
Responsible Investing | White Papers

From SRI to ESG: The Changing World of Responsible Investing

Investment professionals debate whether a portfolio’s long-term performance can be enhanced by including environmental, social and governance (ESG) considerations in the security selection process.
Investment Strategy | Insights Blog

Investing in Diversity

At Commonfund, we scour the globe to find investment managers that we believe have the ability to consistently produce excess returns (alpha) over and beyond their benchmark. But alpha alone is not...
Responsible Investing | Articles

Viewpoint: Increased Responsibility

Introduction In recent years, growing attention has been paid to the use by endowed institutions of so-called responsible investing practices. The three main practices — environmental, social and...
Governance And Policy | Articles

Viewpoint: A Firmer Foundation

How long is the long term? A year ago, private and community foundations appeared to many observers to have recovered from the losses suffered in the 2008–09 global financial crisis. Double-digit...
Responsible Investing | Insights Blog

Better Understanding Responsible Investing Practices

How can you do the most good, with limited resources, when facing enormous problems? That question lies at or near the heart of every decision at a foundation. This is true of the grant dollars which...
Investment Strategy | Insights Blog

Integration of ESG Factors in Practical Steps

In the current climate of slow global economic growth and resource constraints at many institutions, integration of ESG considerations in an organization’s investment portfolio may be perceived as a...
Governance And Policy | Insights Blog

Bridging the Gap: Carbon and Fiduciary Responsibility

Most institutional investor discussions and actions regarding global warming have been at two ends of the spectrum: either divest from fossil fuels entirely or remain fully invested. A better...
Responsible Investing | Insights Blog

Responsible Investing for Foundations

Commonfund and the Council on Foundations are thrilled to announce the release of the 2016 Council on Foundations – Commonfund Study of Responsible Investing. It is the largest and most detailed...
Governance And Policy | Insights Blog

Common Concerns about Responsible Investing

Discussions about whether responsible investing strategies help or hurt investment performance are complicated by the fact that, there are several broad categories of responsible investing practice...
Investment Strategy | Articles

Ideas for Next Gen Energy Investing

Advances in alternative energy technologies promise to reduce the world’s dependence on fossil fuels. Largely, however, they remain just that—a promise. So, where are the opportunities to invest in...
Responsible Investing | Insights Blog

Responsible Investing: Terminology and Background

The terms socially-responsible investing (SRI), mission-related investing, impact investing and environmental, social and governance (ESG) investing – all frequently grouped under the heading of...
Responsible Investing | Insights Blog

Sample Investment Policy Statement Rider for Responsible Investing

A number of clients and prospects have asked how their Investment Policy Statement (IPS) can be amended to accommodate responsible investing strategies. In response, we have prepared a rider which...
Governance And Policy | Insights Blog

New Environmental Regulations and the Impact on Fiduciaries

Developments in world financial markets seem to occur more quickly every year, requiring ever-higher levels of expertise and experience on the part of investment committees. Climate change is a more...
Responsible Investing | Articles

Impact Investing: Balancing the best of responsibility & opportunity

Impact investing is showing growth around the world. According to the most recent J.P. Morgan/Global Impact Investing Network Impact Investor Survey, the number of institutional investors engaging in...
Governance And Policy | Insights Blog

Impact Investing

Recently, Commonfund convened an expert panel of investment managers to hold  a roundtable discussion and take a closer look at the different impact investing strategies being implemented today. The...
Governance And Policy | Insights Blog

ESG: What is it?

Generally speaking, Environmental Social and Governance, or ESG for short, is used to describe a group of characteristics that can have a material impact on the long-term success of a company and,...
Responsible Investing | Articles

ESG: Sharpening the Point

Environmental, social and governance (ESG) factors are a topic for active discussion in board rooms. Here’s an update on Commonfund’s thoughts and actions and how ESG may relate to you. In general,...
Responsible Investing | Articles

ESG and Your Institution: Doing Well by Doing Good

Investing according to environmental, social and governance principles is maturing into a distinct discipline. Robust research results dispute the conventional wisdom about performance trade-offs. If...