8 Oct 2024

Saturna Capital’s Elizabeth Alm Quoted in Bloomberg Terminal’s ESG Bond Weekly Column

News Article

Bellingham, WA, September 9, 2024 – Elizabeth Alm, CFA®, senior investment analyst and portfolio manager at Saturna Capital, was recently featured in Bloomberg Terminal’s ESG Bond Weekly column discussing the need to deeply analyze a company’s inner workings before investing as corporate regulations may begin to weaken in Donald Trump’s second term.

With demand for corporate bonds likely to rise and disclosure requirements for corporations likely to roll back, Alm emphasizes the need to conduct thorough due diligence — particularly when it comes to sustainability-focused investing. She also noted that these regulation changes could place more responsibility on investors to ensure they are receiving accurate information.

“The onus is on us to do the deep dive with every green bond,” she told Bloomberg in an interview. “Anytime you have maybe less information, maybe changing regulations, it’s just really important to take deep dives.”

The concept of ESG (environmental, social, and governance) criteria has faced recent headwinds, with bond issuance under this banner expected to continue its slowdown into 2025.

“It definitely seems like the label itself is in limbo currently in the US,” Alm concludes.

Elizabeth Alm, CFA®, is a senior investment analyst and portfolio manager of Sextant Short-Term Bond Fund and  Sextant Bond Income Fund. She is also the deputy portfolio manager of Saturna Sustainable Bond Fund and Amana Participation Fund. She joined Saturna Capital in April 2018.

About Saturna Capital Corporation

Active Investing to Reflect Your Values

Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is a private, employee-owned investment adviser with US$9.1 billion in assets under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments. Saturna Capital is adviser to the Amana Mutual Funds Trust, the oldest and largest family of funds in the US that follow principles of Islamic finance. Saturna Capital is also adviser to the US-based Sextant Mutual Funds and Saturna Sustainable Funds.

For more information about Saturna Capital, visit www.saturna.com.

About the CFA Credential

The Chartered Financial Analyst (CFA) charter is a globally respected, graduate-level investment credential awarded by CFA Institute — the largest global association of investment professionals. There are currently more than 160,000 CFA charterholders working in 164 countries and regions. To earn the CFA charter, candidates must: 1) pass three sequential, six-hour examinations; 2) have at least four years of qualified professional investment experience; 3) join CFA Institute as members; and 4) commit to abide by, and annually reaffirm, their adherence to the CFA Institute Code of Ethics and Standards of Professional Conduct. For more information visit www.cfainstitute.org.