Brown Advisory Portfolio Managers, Michael Poggi and Katherine Kroll, Director of Equity, ESG Research & Strategy join John Davis, Partner – Key Account Director, U.S. Financial at Brown Advisory to discuss their approach to high quality, sustainable investing.
WEBCAST: The Intersection of Value and Sustainability.
We believe a concentrated portfolio of high quality companies with a sustainable cash flow advantage can provide investors with competitive risk-adjusted returns over a full market cycle. Our focus on the integration of deep fundamental and ESG research together improves our decision making process and provides us with an informational edge that can help drive outperformance over time. Please join portfolio manager Mike Poggi and Katherine Kroll, our Director of ESG Equity Research and Strategy for a discussion on:
- How we define “value”
- Our fully integrated sustainability framework that seeks to identify companies with sustainable free cash flow advantages
- Our approach to valuation and capital discipline
Accepted for 1 CFP®/IWI/CFA CE Credit.
ESG considerations are one of multiple informational inputs into the investment process, alongside data on traditional financial factors, and so are not the sole driver of decision-making. ESG analysis may not be performed for every holding in the strategy.
All investments involve risk. The value of the investment and the income from it will vary. There is no guarantee that the initial investment will be returned. ESG considerations that are material will vary by investment style, sector/industry, market trends and client objectives. The strategy seeks to identify companies that it believes may have desirable ESG outcomes, but investors may differ in their views of what constitutes positive or negative ESG outcomes. As a result, the strategy may invest in companies that do not reflect the beliefs and values of any particular investor. The strategy may also invest in companies that would otherwise be screened out of other ESG oriented funds. Security selection will be impacted by the combined focus on ESG assessments and forecasts of return and risk. The strategy intends to invest in companies with measurable ESG outcomes, as determined by Brown Advisory, and seeks to screen out particular companies and industries. Brown Advisory relies on third parties to provide data and screening tools. There is no assurance that this information will be accurate or complete or that it will properly exclude all applicable securities. Investments selected using these tools may perform differently than as forecasted due to the factors incorporated into the screening process, changes from historical trends, and issues in the construction and implementation of the screens (including, but not limited to, software issues and other technological issues). There is no guarantee that Brown Advisory’s use of these tools will result in effective investment decisions.
The information relating to the portfolio managers’ prior experience is provided for informational purposes and is not intended to illustrate the capabilities of the team. It is not intended to be, and shall not be construed as being, investment advice. Investment decisions should not be made on the basis of it. Past performance is not indicative of future performance and there is a risk that some or all of the capital invested may be lost. The information contained herein is based on materials and sources that we believe to be reliable. We make no representation, either express or implied, in relation to the accuracy, completeness or reliability of that information. The views expressed are those of the author and Brown Advisory as of the date referenced and are subject to change at any time based on market or other conditions.