What is an Investment Policy Statement?

An investment policy statement, or IPS for short, is a governing document for an investment portfolio.  It outlines the purpose and goals for the assets, describes any limitations in place, and includes a recommended asset allocation.  In some cases, investment policy statements define the roles and responsibilities of the parties associated with the investment portfolio. …

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Faith-Driven Asset Manager Interview Series: An Interview with Matt Monson of Sovereign’s Capital

The Chief Operating Officer of Cornerstone Management, Winters Richwine, conducted this interview with Matt Monson from Sovereign’s Capital. Tell us about your professional background.  How did you connect with Sovereign’s Capital? I have a background in investment banking, private equity, and public equity investing before joining Sovereign’s Capital. Like many other believers, my faith had…

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How to Talk to Donors About Planned Giving

Planned gifts are important.  To donors, they often represent the biggest gifts to charity they will make.  Planned gifts also tie the donor to the charity.  To nonprofits, planned gifts similarly are some of the largest donations received and also serve as long-term relationship builders.  In this article, we provide guidance to nonprofit organizations on…

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What is Biblically Responsible Investing (BRI)?

Introduction Biblically Responsible Investing (BRI), a type of faith-based investing, is gaining ground with both institutional and retail Christian investors.  Now more than ever, financial capital is being used as a tool to influence the decisions companies make.  The purpose of this article is to explain what is Biblically Responsible Investing and to articulate why…

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How to Evaluate Investment Performance

Introduction Many organizations struggle with investment performance evaluation.  How can one determine if the investment program is doing well, or how does one even define “well”?  In this blog, we provide some ideas on how to evaluate investment performance from a variety of angles.  As you read this article, we encourage you to keep in…

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What’s Going on With Bonds?

There’s no way to sugarcoat it.  We’re currently in the worst period for bonds in history.  As of October 31, the Bloomberg U.S. Aggregate is down 15.7% year-to-date.  The Bloomberg Global Aggregate is faring even worse, with a year-to-date decline of 20.4%. Bonds are supposed to be a steady asset class.  Why are we experiencing…

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What is a Christian Investment Firm?

Introduction Investment firms are numerous, and they vary in numerous ways.  For example, firms may have different views on market timing and asset allocation.  Different investment firms offer different services as well.  One important but often overlooked aspect of a firm is its values.  Organizations may be well-served by seeking out investment firms that share…

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Financial Tips for Nonprofit Organizations

Nonprofit organizations face significant challenges each year with rising costs and uncertain giving.  While these circumstances can’t be fully controlled, nonprofits can take action to maintain financial stability.  In this article, we share a handful of key financial tips for nonprofits.  Implementing these tips should remove some of the stress of day-to-day financial matters and…

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Biblically Responsible Investing 101

Biblically Responsible Investing (or “BRI” for short) is a form of faith-based investing.  BRI focuses on the Christian faith, though there is a large degree of nuance across various denominations and philosophies.  BRI is also considered to be part of the Socially Responsible Investing movement.  However, BRI often varies significantly from a secular Socially Responsible…

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