Investing has long carried a stigma of something old men in cigar-filled rooms or white shirts on Wall Street pondering how to carve up the world. Thankfully a shift has started to occur. It is estimated that by 2030, nearly 2/3 of the nation's wealth will be controlled by women (as of 2017, that number was already at 60%). With 95% of women being financial decision makers and nearly half being the primary breadwinners at home, you've come a long way baby! This week women mar
A new survey from Swell Investing, a firm that focuses on socially and environmentally responsible investing, found that while most Millennial investors (78%) seriously consider a company’s impact on the earth and its people and shop accordingly, only 24% have actually taken actions to invest their money where their morals are. Swell's CEO Dave Fanger says the majority of Swell's clients are between 25 and 44. "These are people who have grown up with immediate access to infor
Women leaders in sustainable finance are using their industry experience to incorporate two trends into their roles as investment advisors, asset managers, research analysts and financial services executives. One is the exponential growth in the use of non-financial data to drive investment performance and risk management. The second is educating the financial advisor community in the use of this data to create environmental, social and governance (ESG) investment impact on b
Women and millennials are responsible for the doubling of ESG assets to $8.1 trillion worldwide since 2014 — and you can expect that trend to continue. The obvious reason: They have more money, said Jordan Farris, head of ETF product development at Nuveen Investments, speaking at an InvestmentNews Innovators in Investing event in New York City. "Women now control up to 50% of the wealth in the country, and millennials will be the recipients of that wealth in coming decades,"
Last summer we launched the Labor Capital Strategies internship and it ended up working out well, so we’re doing it again! The internship program is jointly run by the Kalmanovitz Initiative at Georgetown University and Heartland Capital Strategies. We are actively recruiting students (UG, Grad, Law) for Summer 2018. Below is our announcement for the Fellowship that can be shared: It’s an 8 week paid internship ($5,000 for the summer to cover cost of living in DC or NYC) for
Senator Sherrod Brown will be the keynote speaker at a Summit in Cleveland on March 12, 2018, the next city stop on a momentous road show across the Heartland. Supported by the Bernard L. Schwartz Rediscovering Government Initiative of The Century Foundation, a progressive, nonpartisan think tank, the convening is part of a High Wage America campaign focused on best practices around jobs and investments to transform the regional economy, help rebuild industrial hometowns and
The next Heartland webinar will be offered on Friday, February 16, 2018. We are thrilled to announce that Keith Mestrich, President and CEO for Amalgamated Bank, has agreed to be a presenter for “Responsible Investing & The Labor Movement: A Love Story.” The session will discuss the history of responsible investing in the United States with labor at its forefront. Labor’s investors have been the fiercest proponents for the “S” in the ESG framework by fighting for worker repr
Pensions & Investments, a leading financial media outlet, recognized the AFL-CIO Housing Investment Trust (HIT) as one of the Best Places to Work in Management, highlighting the AFL-CIO HIT’s success at building and retaining a diverse workplace.
This is the first time that the HIT is being recognized in the Pensions & Investments Best Places to Work program, securing a spot among midsize employers. “Human capital is the most critical capital in the financial services secto