April 3, 2017

Global Earnings Synthesis: Earnings Growth Likely to Determine the Direction of Stock Prices in 2017

Consensus estimates for 2017 seem too high, with Financials and Energy seeming to reflect particularly unrealistic assumptions.

March 9, 2017

Regional and Sector Strategy Monthly Update: March 2017

We upgrade Information Technology and downgrade Utilities; upgrade Australia and downgrade the UK.

February 28, 2017

The Uber of Toxic Corporate Cultures? Five Governance Questions for Uber

In anticipation of Uber’s possible 2017 IPO, investors should carefully consider whether the company has the optimal governance structure and leadership team to successfully manage its future growth.

February 21, 2017

The Art of the Possible: Investing to Address Inequality

In this report we identify investment opportunities that offer competitive financial returns while helping to address concerns about increasing levels of inequality and income stagnation.

February 16, 2017

At the Intersection: Where ESG Matters to Factor Investing

For many investors, the conversation has shifted from how ESG matters (i.e., performance) to where it matters. When ESG matters to an investment factor, that can have material implications for stock selection criteria.

February 14, 2017

Exploring the Nexus of Philanthropy and Market-Based Solutions

We recently conducted interviews internally with Cornerstone Capital staff and externally with thought leaders in the finance and foundation fields to gather opinions about the nexus of market-based solutions (i.e., traditional for-profit investment via the capital markets) and philanthropy.

January 19, 2017

Gauging Governance Globally: 2017 Update

The quality of country-level governance affects corporate governance and, thus, firm value. In this report we update our composite index rankings.

January 12, 2017

Climate Investing in 2017

The imperative for an effective response to climate change only grows following the hottest year on record. Climate investing faces risks in 2017, particularly from the incoming US administration, but nuanced opportunities exist for positive environmental and social impact coupled with attractive potential returns.

January 9, 2017

Sector and Regional Strategy: Monthly Update January 2017

Upgrading the UK, no change to sector recommendations.

December 19, 2016

Real Estate and Its ESG Footprint: A Sector Strategy Perspective

On September 1, 2016, MSCI added Real Estate as a new sector, increasing the number of GICS sectors to 11. The Real Estate sector’s ESG risk profile is likely among the highest of the GICS sectors.