Our team of professionals at Pax World is singularly focused on helping our investors achieve their investment goals, and we believe our strengths and capabilities provide meaningful differentiation between ourselves and other investment management organizations.
Our Sustainable Investing approach
Pax World was one of the first investment managers to integrate Environmental, Social and Governance (ESG) factors into investment analysis and decision making through a process known as “Sustainable Investing.” By supplementing rigorous financial analysis with equally rigorous ESG analysis, we take into consideration factors often ignored by other investment managers.
Rigorous investment process
Under the direction of Chief Investment Officer Christopher Brown, who joined Pax World in 1998, the Pax World investment process includes identifying top-down global investment themes, analyzing companies through bottom-up fundamental analysis and integrating comprehensive sustainability analysis with rigorous financial metrics. Altogether, it is a defined, systematic and repeatable approach to investment management.
An approach that’s right for today’s economy
In the wake of the recent financial crisis and recession, environmental disasters and numerous business scandals fueled by an epidemic of short-term thinking, investors are rightfully searching for less volatile, more sustainable long-term investment approaches. While we don’t pretend to have all the answers, it seems clear to us at Pax World that Environmental, Social and Governance (ESG) factors are more relevant than ever ― and can have a strong influence on investment performance. That’s why we believe our Sustainable Investing discipline, which augments traditional financial analysis with rigorous ESG analysis to identify sources of risk as well as long-term value, is the right approach for the world we live in today.
Deep investment management strength and collaboration
Pax World’s six in-house portfolio managers have more than 117 years of collective investment management experience. Prior to joining our team, they were associated with some of the most well-known companies in the financial services field. Additionally, our managers benefit from the support of a strong team of financial analysts, sustainability analysts and trading professionals. Our subadvised fund, The Pax World Global Environmental Markets Fund, is managed by Bruce Jenkyn-Jones and Ian Simm of Impax Asset Management, a London-based investment management organization. Between them, Ian and Bruce have over 20 years of investment experience, and Impax itself is one of the world’s most experienced asset managers investing in environmental markets.
Wide array of investment solutions
No company in the investment management field provides a more comprehensive set of Sustainable Investing solutions than Pax World. They include Pax World Funds, a family of actively-managed mutual funds; ESG Managers® Portfolios, multi-manager asset allocation funds1 powered by Morningstar Associates; ESG Shares®, the first family of exchange traded funds (ETFs) devoted exclusively to a Sustainable Investing approach; and separately managed accounts2 for institutional investors.
A core element of our investment approach is our belief that we have both an opportunity and a responsibility to use the financial leverage of the money we manage to, as we like to say, “make good companies better.” Our ongoing Shareowner Advocacy efforts seek to improve the financial, environmental, social and corporate governance performance of the companies we are invested in for the benefit of our shareholders.
We at Pax World understand that investing is rooted in one’s aspirations for a better, more secure future ― it’s really all about tomorrow. Moreover, we believe that Sustainable Investing is an investment approach that is particularly focused on the future ― a methodology that searches for better-managed companies that are better positioned for long-term business success. We think our Sustainable Investing approach is right for the times, and is right for our investors.
1ESG Managers Portfolios are multi-manager funds, which are a mix of underlying Sleeve Subadviser portfolios and mutual funds. The Funds’ allocations may change due to market fluctuations and other factors. International and emerging market investments involve risk of capital loss from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, economic or political instability in other nations or increased volatility and lower trading volume.
1Separately managed accounts and related advisory services are provided by Pax World Management LLC, a federally registered investment adviser. ALPS Distributors, Inc. is not the distributor for Pax World's separately managed accounts.
ESG Managers Portfolios are available only through registered financial advisors.
Pax World Management LLC is the investment adviser to the ESG Managers Portfolios. Morningstar Associates, LLC, a registered investment adviser and wholly owned subsidiary of Morningstar, Inc., serves as portfolio construction adviser to the ESG Managers Portfolios responsible for manager selection, asset allocation, portfolio construction and monitoring, but does not serve in the capacity of investment advisor to individual investors. The Morningstar name and logo are the property of Morningstar, Inc. Morningstar is not affiliated with Pax World Management LLC. ALPS Distributors, Inc. is not affiliated with Morningstar Associates, LLC.
ALPS Distributors, Inc. is not affiliated with Impax Asser Management.