What does the growing "Sell America" trade mean for investors? This month's investment update examines the geopolitical forces reshaping global capital flows, why international investors are reassessing U.S. assets, and whether today's environment calls for selling America or buying the dips.
Q2 2026 Market Outlook
The first few months of 2026 have been bumpy for global markets, driven by a complicated mix of global tensions and economic news. Adding to this are concerns about the disruptive, and in some cases existential impact of artificial intelligence on certain business models. Specifically, the introduction of new AI driven tools has led to a material decline in the stocks of many established software companies.
In Memoriam Robert Zevin, 1936-2026
It is with deep sadness, but profound gratitude for a life purposefully lived, that we announce the passing of our founder and mentor Robert Zevin.
For many of you, Robert was not only your portfolio manager but also a friend.
Robert was not merely a brilliant economist and investment manager; he was a visionary who fundamentally reshaped the financial world. Long before terms like "ESG" entered the mainstream lexicon, Robert challenged the traditional Wall Street paradigm. He operated from a deeply held conviction that capital could—and must—be used as a tool for social justice, human rights, and environmental stewardship. Bloomberg made a short documentary a few years ago where Robert described his approach.
Q2 2026 Impact Update
Q2 was an active quarter for Zevin Asset Management as we summed up our work participating in critical shareholder advocacy and joining investor coalitions on pressing policy issues. Our work continues to be centered on a recurring theme: corporate governance is not keeping pace with the infrastructure it is meant to oversee.
Home Depot Investors Asking for Answers
Reuters covered Zevin's shareholder proposal urging Home Depot to assess the privacy and civil rights risks associated with sharing customer data through third-party surveillance vendors. The proposal highlights the potential financial, legal, and reputational risks related to data privacy and corporate governance.
Alphabet's AI Accountability Gap
Who's accountable for the risks when AI powers your business? That's the question Marcela Pinilla raises with Lydia Kuykendal of Mercy Investment Services in an ImpactAlpha op-ed — and the same question behind the shareholder proposal Zevin filed at Alphabet alongside 34 co-filers representing more than $2.2 billion in shares. Here's why we're asking Alphabet's Board to report on the risks of being an infrastructure provider for governments, militaries, and security systems worldwide.
Alphabet Vote Gains Momentum
Zevin leads a coalition of more than 40 investors, including Norges Bank Investment Management, the world's largest sovereign wealth fund, pressing Alphabet for greater transparency into how governments use Google's cloud and AI tools. Marcela Pinilla frames the concern as "a real concern about systemic risk and human rights violations," not a campaign against any single company or contract. Here's what we're asking for, and why.