THE LIBRARY

Our client portfolios continue to benefit from robust growth in global equity markets, as well as stable returns in our bond portfolios. Over the last 1 1/2 years, our portfolios have seen mostly double-digit returns (ranging from 8.8% to 22%), for equity proportions between 45-65%. Over that period, the equity portion has averaged 18% and the fixed income portion 6%. Over the last five years, portfolios with an asset allocation plan of 40% fixed income and 60% equities have

Environmental, Social and Corporate Governance (ESG) issues are taking a larger role in the decision-making process for investors, investment managers and corporate boards. Blackrock’s iShares is our largest exchange traded fund provider. It’s Founder and CEO, Larry Fink, announced to shareholders 3 years ago that Blackrock would be holding corporate boards accountable to the ESG initiatives of climate risk, improved disclosure and accountable, transparent capitalism. With ov