The Exemplary Analyst
Erick Rawlings, managing director, research, draws parallels between what it means to be a research analyst at Athena and his study of Confucius’ The Analects. Fed from a desire to learn more about Chinese culture and perspective when conducting diligence on China-based investment managers, Erick takes The Analects’ concept of being an exemplary person and finds common ground in the Research team’s studies, opportunities, travel, and approach.
Risks Related to Growing Corporate Debt Levels
Doug Cohen, managing director, portfolio management, raises concerns on uncharted trajectories for US debt amid excess low-rate refinancing for high yield and loan issuance. What is at stake when US government debt exceeds 100% of GDP and media sources highlight mainstream progressive economist views of ‘good debt’? Such a present state may be indicative of liquidity risk being a higher concern than credit risk.
ESG and Impact Investing: Q4 2018 News Highlights
Bill McCalpin, managing partner, impact investments, provides an overview of the latest news coming out of the impact investing industry. This quarter's roundup includes highlights from US SIF Foundation's biennial report assessing sustainable and impact investing in the US, the launch of The Diversity Project, and proposed guidelines issued by the IRS for taxpayers electing to defer capital gains by investing in economically distressed communities.