On Monday, April 27, the Federal Reserve (Fed) announced an expansion to the Municipal Liquidity Facility (MLF), a $500 billion emergency lending program for state and local governments enduring the economic fallout from the coronavirus pandemic. The new expansion also lowered by 50 percent the population threshold criteria needed to […]
Earlier this week, on April 22nd, Earth Day celebrated its 50th anniversary, and although many of us would have liked to spend the day exploring the wonders of our planet, this year’s celebration was different given the global pandemic. The theme set for this year’s Earth Day was Climate Action. […]
Prior to March, “quarantine” and “self-distancing” weren’t common words used in our vocabulary. This new normal has led most businesses and employees to adapt to a new culture of working from home – and with it comes a new virtual world. Conferences are being held online, webinars are even more […]
At the end of March, the United Nations Principles for Responsible Investment (PRI) published a guidance on how responsible investors should respond to the pandemic crisis COVID-19, in an effort to mitigate the social and economic consequences caused by the Coronavirus. The PRI emphasizes that this crisis will not only […]
Many of you are already aware that we postponed our Annual Impact Report webinar a few weeks ago to next Tuesday, April 7, at 2pm ET. The past few weeks have been unprecedented, to say the least, and we are looking forward to sharing stories and examples of positive impact […]
On March 26, Domini Impact Investments, the Interfaith Center on Corporate Responsibility, and the New York City Comptroller’s Office issued a Statement to the business community in response to the Coronavirus crisis. The initiative asked for global institutional investors to step up as corporate citizens, and recommended measures that can […]
Dear valued shareholders, clients, and friends, The spread of COVID-19, also known as the Coronavirus, continues to impact the financial markets and has led to unprecedented actions by state and Federal governments and by the Federal Reserve. We are writing today to provide an update to our valued clients and […]
Dear valued shareholders, clients, and friends, We have seen incredible market volatility during the past couple of weeks with the stock markets experiencing rampant unpredictability and yields on Treasuries at unprecedented lows. We believe the following factors have contributed greatly to the instability: Federal Reserve Response: On March 3rd, the […]
From an all-time highs, to all-time low, it’s been a wild couple of weeks in the stock markets. In this week’s blog, CCM’s Head of Equities, Andrew Cowen, shares his thoughts on the recent market volatility.
In this week’s blog, Elliot Gilfarb, CCM’s head of fixed income, shares his thoughts on impact and ESG investing in the bond market, specifically as it relates to corporate bonds.