Third Quarter Review: Yields Spike, Stocks Slump as Fed Signals Higher Rates for Longer

September lived up to its reputation as a tough month for stocks, as markets across the board struggled and the S&P 500 finished down nearly -5% for the month. The U.S. 10-year treasury yield spiked to levels not seen since 2007, and the popular 30-year fixed rate mortgage rose to its highest level since 2000, … Continued

Webinar Recap: Giving Beyond Cash

New Covenant Trust Company (NCTC) is passionate about helping Presbyterian congregations remain vibrant and sustainable. That’s why we recently partnered with the Episcopal Church Foundation and Charitable Solutions LLC to offer the webinar, “Giving Beyond Cash: Encouraging Creative Gift Making with Complex Assets.” This informative session explored the challenges churches face in raising large gifts, … Continued

Investment Stewardship Impact Update 2023

2023 has been an eventful year for impact-focused investors. Following years of increased participation and interest in responsible investing, in recent months there has been some push back on these strategies. Critics have argued that investors should consider only financial factors and metrics when evaluating companies for investment, and should not factor in potential risks … Continued

PCUSA Releases Statement on Responsible Investing

The Presbyterian Church (U.S.A.) Committee on Mission Responsibility Through Investment (MRTI) has published a statement on responsible investing in response to recent news and public discussion about a fiduciary’s responsibilities related to investments and the role of environmental, social and corporate governance (ESG). This statement outlines the church’s long history and influential leadership in the … Continued