Pages Menu
TwitterRssFacebook

Posted by on Oct 14, 2015 in Community Capital Management, ETF Education

The Life Cycle of Place-Based Investments and CCM’s Role

The Life Cycle of Place-Based Investments and CCM’s Role

By Community Capital Management, Co-Portfolio Manager (Impact Fixed Income) of the AdvisorShares Global Echo ETF (NYSE Arca: GIVE)   A few reasons why we think this is significant: (1) we get asked all the time how we are involved in place-based investments; (2) many investors still don’t understand the stages involved in place-based investing; and (3) we are always looking to assist our clients and prospects with more information so they can make informed decisions. So let’s review. While each place-based investment opportunity has unique characteristics, there are certain themes that tend to be repeated in the life cycles and evolution of the investments that end up in CCM’s client portfolios: First, the private or public sector funds and builds a property for market-related use that is appropriate at time of construction. Second, with the passage of time and changes in neighborhoods and local economies, a property’s original purpose is no longer relevant or economically viable. Third, subsequent neglect and sometimes abandonment create an eyesore, safety hazard and contribute...

Read More

Posted by on Jun 17, 2015 in Community Capital Management, ETF Education

Who is to define the ‘green’ in a green bond?

Who is to define the ‘green’ in a green bond?

By Community Capital Management, Co-Portfolio Manager (Impact Fixed Income) of the AdvisorShares Global Echo ETF (NYSE Arca: GIVE)   Over the last couple of years, we have heard an awful lot about green bonds. They are attracting all types of investors and everyone seems to be on the environmentally friendly bandwagon.   According to the Climate Bonds Initiative, the total amount of outstanding green bonds in 2014 was $53.2 billion.   This figure, however, only includes what’s known as labeled green bonds. Who is to define if a bond is labeled ‘green’? Good question. Here is the answer…any debt issuer can label its bonds green. It is an unregulated term. Even with the launch of the Green Bond Principles aimed at standardizing practices for issuers and investors, there still seems to be unrest. Now you are probably more confused with green bonds than you were before. Our apologies. We hope reading on will help solve this quandary. What the Climate Bonds data does not include is the number of bonds financing...

Read More