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Pax World Funds
Pax World Funds ("Pax World") are advised by Impax Asset Management LLC, formerly Pax World Management LLC, a sustainable investment firm. It sells mutual funds, as well as separately managed accounts. History Pax World launched the first socially responsible mutual fund in the United States in 1971. The company was founded by Luther Tyson and Jack Corbett, both of whom had worked on peace, housing and employment issues for the United Methodist Church. Their vehicle, the first broadly diversified, publicly available mutual fund to use social as well as financial criteria in the investment decision-making process, was the Pax World Fund, predecessor of what is now the Pax World Balanced Fund. In 2014, Pax World Management LLC and Ellevate Asset Management LLC, whose principal is Sallie Krawcheck Sallie L. Krawcheck (born November 28, 1964) is an American business executive who is the founder and former CEO of Ellevest, an investing platform for women launched in 2016. She was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Management
Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contract, contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or REIT, Real estate investment trusts. The term ''investment management'' is often used to refer to the management of investment funds, most often specializing in private equity, private and public equity, real assets, alternative assets, and/or bonds. The more generic term ''asset management'' may refer to management of assets not necessarily primarily held for investment purpos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Fund
A mutual fund is an investment fund that pools money from many investors to purchase Security (finance), securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond fund, bond or fixed income funds, stock fund, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. The primary structures of mutual funds are open-end funds, closed-end funds, and unit investment trusts. Over long durations, passively managed funds consistently outperform actively m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Separately Managed Account
In the investment management industry, a separately managed account (SMA) is any of several different types of investment accounts. For example, an SMA may be an individual managed investment account; these are often offered by a brokerage firm through one of their brokers or financial consultants and managed by independent investment management firms (often called money managers for short); they have varying fee structures. These particular types of SMAs may be called "wrap fee" or "dual contract" accounts, depending on their structure. There is no official designation for the SMA, but there are common characteristics that are represented in many types of SMA programs. These characteristics include an open structure or flexible investment security choices; multiple money managers; and a customized investment portfolio formulated for a client's specific investment objectives or desired restrictions. Description and history The term "SMA" is used mostly in the U.S. brokerage indu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portsmouth, New Hampshire
Portsmouth is a city in Rockingham County, New Hampshire, Rockingham County, New Hampshire, United States. At the 2020 United States census, 2020 census it had a population of 21,956. A historic seaport and popular summer tourist destination on the Piscataqua River bordering the state of Maine, Portsmouth was formerly the home of the Strategic Air Command's Pease Air Force Base, since converted to Portsmouth International Airport at Pease. History Indigenous peoples of the Americas, American Indians of the Abenaki and other Algonquian languages-speaking nations, and their predecessors, inhabited the territory of coastal New Hampshire for thousands of years before European contact. The first known European to explore and write about the area was Martin Pring in 1603. The Piscataqua River is a tidal estuary with a swift current, but forms a good natural harbor. The west bank of the harbor was settled by European colonists in 1630 and named Strawbery Banke, after the many wild Fra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impax Asset Management Group
Impax Asset Management Group plc is a specialist asset manager based in London, England. History The business was founded in 1998 to invest in companies whose work might reduce resource scarcity, with support from the International Finance Corporation. Various commentators have referred to the company's focus on environmental matters. On 18 September 2017, the group plc announced that it had entered into agreements to acquire 100% of Pax World Management LLC. The acquisition was completed on 18 January 2018. In December 2018, the company announced that it would be opening an operation in Dublin to serve clients after Brexit (the withdrawal of the United Kingdom from the European Union). After 23.7% of shareholders voted against the re-appointment of EY as the company's auditor in May 2018, the company was criticised by the Investment Association, over an apparent lack of independence of EY as its auditor, in December 2018. Investments The company manages environmentally focu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sallie Krawcheck
Sallie L. Krawcheck (born November 28, 1964) is an American business executive who is the founder and former CEO of Ellevest, an investing platform for women launched in 2016. She was previously head of Bank of America's Global Wealth and Investment Management division. She has been called "the most powerful woman on Wall Street." Early life and education Born in New Orleans, Louisiana, to former South Carolina House of Representative Leonard Krawcheck, Sallie grew up in Charleston, South Carolina. She has described her childhood as "half Jewish, half WASP-y". She attended the Porter-Gaud School. While in high school, she participated on the school's track and field team. In 1983, as a high school senior, she was honored as a South Carolina Presidential Scholar. She received a Morehead Scholarship to the University of North Carolina at Chapel Hill, and graduated with a degree in journalism. In 1992, she obtained an MBA from Columbia Business School. Career Sanford C. Ber ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Funds Of The United States
Mutual may refer to: *Mutual organization, where as customers derive a right to profits and votes *Mutual information, the intersection of multiple information sets *Mutual insurance, where policyholders have certain "ownership" rights in the organization *Mutual fund, a professionally managed form of collective investments *Mutual Film, early American motion picture conglomerate, the producers of some of Charlie Chaplin's greatest comedies *Mutual Base Ball Club (1857-1871), defunct early baseball team usually referred to as "Mutual" in the standings. *Mutual Broadcasting System, a defunct U.S. radio network *Mutual Improvement Association (other), Mutual Improvement Association, the name of two youth programs run by the Church of Jesus Christ of Latter-day Saints *Mutual authentication, used in cryptography *"Mutual", a 2018 song by Shawn Mendes from ''Shawn Mendes (album), Shawn Mendes'' ;Place names *Mutual, Maryland, a community in the United States *Mutual, Ohio, a v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
