By Kurt Lieberman, CEO, Magni Global Asset Management June 2019 We understand why many ESG investors focus on the “E”. Protection of the environment is critical for today and especially for tomorrow. That focus on ‘tomorrow’ is why we use the term “sustainability”… Read full article.

Country Ranking Trends Argentina and Saudi Arabia are now considered part of the emerging markets. Following Magni assessments, the two countries have received initial rankings of 45th and 42nd, respectively. Argentina’s low score reflects weaknesses in monetary policy and significant regulatory deficiencies across most parts of financial services. Saudi Arabia’s low score reflects opaque government […]

The annual proxy for this apparel and footwear company had the following proposals:  Proforma proposals on directors, appointment of auditors, and “say-on-pay” advisory vote  Magni voted for and against proforma proposals.  For directors – The board has a majority of independent directors and some have CEO/CFO experience with other companies. The compensation of directors is disclosed with a meaningful portion in equity where the equity has restrictions to align director incentives with long-term value creation.  For auditors – There appear to be […]

Country Ranking Trends Magni completed a review of property rights. Several countries with relatively lower overall Magni Country Scores were upgraded, including the Czech Republic, Egypt, Portugal, and Turkey. These improvements are good news as more secure property rights should reduce investment risk. Lower risk leads to more attractive investment opportunities. Shakespeare on Brexit: “Full […]