The BBC Radio 4’s ‘Costing the Earth’ programme recently hosted a discussion on why environmental issues seem to have become more prominent in public debate recently. The programme’s focus was specifically on environmental policy, but the question could have just as reasonably been focused on the investment community. Why has environmental and sustainable investment become such a hot topic of late? Read more …
In the middle of February, fast food chain KFC had to close most of its UK outlets because it ran out of chicken. For the healthy few that don’t know this, ‘KFC’ stands for ‘Kentucky Fried Chicken’. So this was a big problem. With some clever PR and a good dollop of humility, KFC has probably rescued its reputation. But the UK is one of its five biggest markets globally. So the profit impact of even a short outage will have been meaningful.
For over five years now we have been invested in a US company called Danaher. Danaher is a conglomerate and has had interests in a wide variety of businesses. It is now focused on high-tech businesses in the healthcare and environmental industries. Danaher is the ultimate parent of many important companies in several of our themes.
We saw some rotation during December with profit taking in a number of 2017’s best performing names, but the biggest news arrived early in the month. In the early hours of Saturday 2nd, the US Senate voted to pass the “Tax Cuts and Jobs Act”. This was the last real hurdle to passage of the bill. On Friday 22nd, President Trump signed it into law.
Healthcare has been a hot topic for US politicians for much of the past five years, and is likely to remain so for some time yet.
Ted Franks, Partner and Fund Manager at WHEB, gave the key note address at Investment Week’s sustainable investment conference in November 2017. In “Making a bigger difference: the future of impact measurement”, Ted reviews the landscape as the concept of investing for positive impact increasingly takes hold; and suggests a vision for the future as approaches towards measurement and reporting become more sophisticated. You can listen to Ted’s presentation together with the slides in the webcast here
The following is the text of a speech George Latham gave recently at the Faith in Finance conference hosted by the Alliance of Religions and Conservation, at which representatives from eight of the world’s leading faiths launched the Zug Guidelines to faith consistent investing. For more coverage of the event, see ARC’s webpage on this link
WHEB’s 2017 Annual Investor Conference was held at the RSA on 29th June 2017. For those that couldn’t join us, we have combined the audio and slides from the conference and edited them to 10 or 11 minutes each, and uploaded them to watch here. Please follow the links below to see the presentations.
For those that missed WHEB’s annual investor conference and summer party at the end of June, we’ve captured the highlights in seven photographs from a great day at the RSA.