Horizons’ CEO & Chief Investment Officer, Johann Klaassen, has been appointed to the American Philosophical Association’s Board of Officers as its Treasurer.
Morningstar has let us know that their website will be offline for a few days next weekend — they’re taking advantage of the holiday weekend, when few of us are working on or worrying about our portfolios, to do some maintenance on and upgrades to their computer systems.
Horizons’ CEO & Chief Investment Officer, Johann Klaassen, who holds a PhD in Philosophy, has been appointed to a three-year term on the American Philosophical Association’s “Committee on Non-Academic Careers”.
This debt ceiling nonsense appears to be a manufactured crisis, which could and probably will be resolved pretty easily, and the best approach for all of us is to remain invested in our long-term portfolios.
Last week, our friends at the sustainability-oriented non-profit Ceres announced a new initiative — “Freedom to Invest” — to push back against the anti-ESG movement. On behalf of Horizons, and all of our clients, I gladly signed on.
March has been a wild and wooly month so far, with high volatility continuing to roil the global stock markets and central banks continuing to put pressure on bond markets. But the most interesting story of the last couple of weeks — and the one that’s sparked the most conversation with clients — is sudden turmoil in the banking industry.
This year, in the push and shove of the turbulent markets, some mutual fund managers were not able to balance out gains and losses the way they might have liked, so those funds are planning rather large capital gains distributions.
Our friend Sonia Kowal, President of Zevin Asset Management, recently posted this statement on the crisis that’s unfolding in Ukraine. We have been trying to write something to express our dismay and heartbreak — but Sonia’s words here capture our thoughts exceedingly well. Thank you, Sonia, for allowing us to…
Over the last year or so, there have been a flurry of big transactions in the financial services world. It seems like every time we turn around, some big Wall Street firms are buying one another, investment banks are buying client service companies, massive brokerage firms are “merging”, and so…