November 18th, 9am- 10am Pacific / 12pm - 1pm Eastern
For investors working to align their assets with social and environmental principles, pooled funds present a unique challenge. Pooled fund managers vote proxies on behalf of numerous aggregate investors, meaning individual asset owners have no direct way to voice concerns as shareholders. In a survey of foundations conducted by Confluence Philanthropy's Proxy Stewardship Initiative, one fourth of respondents either did not know if they were invested in pooled funds, or had difficulty obtaining information about them. Unfortunatley, philanthropic resources are often unknowingly invested in exploitative or destructive industries. Even when asset owners attempt to exert their power as shareholders, they may find themselves constrained by pooled funds and the fee structures that come along with them.
Confluence Philanthropy's new report, Aligning Portfolio with Mission: Pooled Funds and Proxy Voting, breaks down the structure of pooled funds and their fees, and discusses how investors can navigate these institutional barriers. Join us for a webinar discussion with experts in the field about how investors in pooled funds can take more active ownership of their assets.
Participation in this event is open to grantmakers and donors, and Confluence Philanthropy Advisor Bay Members ony, and is not open to grantseeking organizations, investment firms seeking to fundraise or students.
FOR QUESTIONS, PLEASE CONTACT
Sarah DeNicola, Membership Program Manager, Confluence Philanthropy: sarah@confluencephilanthropy.org
11/18/15 12:00pm — 1:00pm
Webinar
November 18th, 9am- 10am Pacific / 12pm - 1pm Eastern
For investors working to align their assets with social and environmental principles, pooled funds present a unique challenge. Pooled fund managers vote proxies on behalf of numerous aggregate investors, meaning individual asset owners have no direct way to voice concerns as shareholders. In a survey of foundations conducted by Confluence Philanthropy's Proxy Stewardship Initiative, one fourth of respondents either did not know if they were invested in pooled funds, or had difficulty obtaining information about them. Unfortunatley, philanthropic resources are often unknowingly invested in exploitative or destructive industries. Even when asset owners attempt to exert their power as shareholders, they may find themselves constrained by pooled funds and the fee structures that come along with them.
Confluence Philanthropy's new report, Aligning Portfolio with Mission: Pooled Funds and Proxy Voting, breaks down the structure of pooled funds and their fees, and discusses how investors can navigate these institutional barriers. Join us for a webinar discussion with experts in the field about how investors in pooled funds can take more active ownership of their assets.
Participation in this event is open to grantmakers and donors, and Confluence Philanthropy Advisor Bay Members ony, and is not open to grantseeking organizations, investment firms seeking to fundraise or students.
FOR QUESTIONS, PLEASE CONTACT
Sarah DeNicola, Membership Program Manager, Confluence Philanthropy: sarah@confluencephilanthropy.org