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Have We Reached The Tipping Point In Racial Equity Investing?

In the past few weeks, racial equity and justice have been the central rallying cry, across the world. This has prompted many individuals and institutions to speak out against racial injustice, not least in the investing industry. On June 10, Confluence Philanthropy, a membership network of foundations and impact investors, launched a pledge for racial equity. The pledge […]

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For every dollar of white wealth in the US, Black families have 12 cents

The following is from Mckinsey research. Staying accountable Getting to zero. Last week, a group of prominent American CEOs, nonprofit executives, and academic leaders launched NinetyToZero, an initiative aimed at eliminating the racial wealth gap through “deliberate, collective action.” The typical Black American family has just one-eighth the wealth of a white family, according to the US Federal Reserve—and

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