The Investor Response to the Russian War in Ukraine

As another needless war unfolds, it’s important to consider how investors have enabled Putin over the years and the lessons to be learned from burying one’s head in the sand.  

His invasion of Georgia in 2008 and then of Crimea in 2014 should have been early warning signs for asset owners and managers. Yet many responded with yawns and shrugs over the years, prioritizing profit over values by choosing to stay invested. I understand this more than most, as an ex-Russian equity analyst who saw up close the potential for making gobs of money by investing in Russian-owned businesses. On Feb. 24, when Putin invaded Ukraine again, those that remained invested had no excuse. 

WSJ: Investing for Social Good and the Long View

Zevin Asset Management’s president, Sonia Kowal, addresses criticism of sustainable investment in “Investing for Social Good and the Long View,” a letter published by The Wall Street Journal.

Making Sense of the Inflation Tug-Of-War

Midway through 2021, we shared our outlook on inflation, forecasting that the surge in prices was most likely temporary. Equipped with more time, data, and analysis, we are now reconsidering this idea of transitory inflation. In the table below, we present a useful framework to help identify and distinguish various short- and long-term inflation trends, and to help understand their future impacts on inflation in 2022 and beyond.