From the Yardarm | Saturna Capital
From the Yardarm
 

2020

  • Relics of the Past? Disruptive Innovation in the Telecom Industry

    The telecom industry has seen tremendous worldwide growth in recent years as consumers use an increasing number of applications and services. Despite meaningful subscriber and data growth over the last decade, US telecom industry revenue has grown only modestly. We believe several factors explain the disconnect: competition, regulations, and disruption from over-the-top providers.

     

2019

  • How to Evaluate the "Sustainability" of Sustainable Mutual Funds

    Sustainable investing has come a long way. In its early days, investment managers, like Saturna Capital, created faith-based investment processes, focused on excluding companies or industries that conflicted with the tenets of an investor’s faith. This led to proactive investing, often referred to as advocacy investing, a process that encourages companies, sectors, and regions to engage in better business practices.

     
  • From The Yardarm: Evaluating Islamic Standards

    While the Quran encourages trade and investment – and provides guidance for how Muslims should approach these activities – formalized financial processes did not begin to develop until the mid-20th Century. In this piece, we discuss the evolution of Islamic screening and step through various methodologies present in the market.

     

2018

  • Corporate Social Responsibility Reporting: A Potemkin Village?

    As more asset managers begin to integrate ESG criteria into their investment strategies, data and disclosures not typically found in traditional financial reporting has increased. Transparency into nonfinancial, material risks has tremendous value, but the information that gets reported can occasionally be suspect.

     
  • From The Yardarm October 2018 - What are the Sustainable Development Goals?

    The United Nation's Sustainable Development Goals (SDGs) consist of 17 goals and 169 targets that were created to end poverty, promote prosperity and well-being for all, and protect the planet. The SDGs set a course and framework to achieve these objectives.

     
  • From The Yardarm August 2018: The Case for Active Management in ESG

    How do investors make sense of quantitative ranking systems that retain “black box” elements?  In the quest to find top-tier firms that seek to reduce risk through industry best practices, an active approach to investing can help investors identify risks that a passive approach may miss.

     
  • From The Yardarm July 2018 - Malaysia: Where Voters Rule

    In the mold of Winston Churchill in 1951, a spirited Tun Dr. Mahathir Mohamad has fought and won re-election as prime minister after years out of office.  Dr. Mahathir returns to the leadership position he held for 22 years up to 2003 – a period that saw Malaysia rise into the ranks ...

     
  • From The Yardarm May 2018

    Whether you’re saving for retirement, your children’s education, a much-needed getaway, or just a rainy day, everyone has financial goals.  But when you’re saving and investing, it’s important to know how different investment account types can impact your after-tax returns.

     
  • From The Yardarm - Green Bonds Cover

    The emergence of green bonds presents an attractive sustainable vehicle for fixed income investors, though not without drawbacks. The potential value of green bonds is obvious from the name; the securities prioritize the importance of environmental concerns as a means of either reducing risk or forming a competitive advantage when using the proceeds from the sale of the note.

     
  • From The Yardarm - January 2018 Cover

    Understanding bond investing terminology can help you select a bond fund or an asset allocation that is right for you. Saturna Capital explains credit risk, maturity, duration, interest rate sensitivity, weighted-average, convexity, and more.