Press Releases and News

Pax World Announces New Portfolio Management for Global Women’s Equality Fund
Posted January 5, 2012
Pax World Management LLC, investment adviser to Pax World Funds (Pax World) and a leader in the field of Sustainable Investing, today announced that it has appointed Ivka Kalus-Bystricky to be lead portfolio manager of the Pax World Global Women’s Equality Fund (PXWEX),  effective January 1, 2012. Read More

Pax World Urges Companies to Include Women On Boards of Directors
Posted July 20, 2010
Pax World Management LLC, investment adviser to Pax World Funds (Pax World) and a leader in the field of Sustainable Investing, announced today that during the 2010 proxy season it withheld votes from 74 board slates because those companies did not nominate any women directors. Read More

Pax World Urges Companies to Adopt Women’s Empowerment Principles
Posted June 24 2010
Pax World Management LLC, investment adviser to Pax World Funds (Pax World) and a leader in the field of Sustainable Investing, is encouraging companies worldwide to endorse and take steps to implement the Women’s Empowerment Principles, a joint initiative of the United Nations Development Fund for Women (UNIFEM) and the United Nations Global Compact (UNGC). To kick off this initiative, Pax World sent letters to the chief executive officers of 82 of the 83 companies held in its Global Women’s Equality Fund, urging them to embrace these principles, which guide the private sector in promoting gender equality in the workplace. Read More


Pax World & KLD Construct First Gender Index Series for International Finance Corporation
Posted March 8, 2009
Pax World Management Corp., investment adviser to Pax World Funds (Pax World) and a leader in the field of sustainable investing, and KLD Research & Analytics, Inc. (KLD), an independent investment research firm that launched the first socially responsible investment index in 1990, announced today that they have joined forces to construct the first Gender Investment Index series for International Finance Corporation (IFC), a member of the World Bank Group. IFC is sponsoring the creation of the index series as part of its Gender Entrepreneurship Markets (GEM) program, a global program aiming to mainstream gender issues into IFC’s work, while helping to better leverage the untapped potential of women in emerging markets. Read More

Pax World Announces Formation of Women’s Advisory Council
Posted May 29, 2008
Pax World Management Corp., investment adviser to Pax World Funds (“Pax”), a leader in the field of sustainable investing whose mutual funds include the Pax World Women’s Equity Fund, today announced the formation of the Pax World Women’s Advisory Council. The Council, comprised of nationally-known leaders and experts on women’s issues, will assist Pax World in its efforts to advance women and gender equality through the Pax World Women’s Equity Fund, the only mutual fund in America with a primary focus of advancing the social and economic status of women in the workplace and beyond. Read More

In the News:

The Motley Fool: The Search for Women in the Boardroom
Posted March 31, 2009
This article notes that “For those interested in gender diversity”, Pax World and KLD’s groundbreaking Gender Investment Index Series is a way to find “promising investment candidates.” The objective of The Gender Investment Index Series is “demonstrating that gender equality is an important indicator of financial health, and that companies that empower women and encourage gender diversity.” Read More

Fund Action: Pax World, KLD Developing Gender Indexes
Posted March 13, 2009
Pax World and KLD announced the launch of a Gender Index Series for the International Finance Corporation (IFC), a member of the World Bank Group that promotes sustainable economic growth in developing countries by supporting private sector development. The series of indexes will “focus on corporations with acute gender awareness programs and that have women in management positions and sitting on their boards.” According to Julie Gorte, Ph.D, Pax World Senior Vice President for Sustainable Investing, “gender empowerment is good for financial performance.”

Social Funds: Goal of New Index Series Is to Advance Gender Equality
Posted March 11, 2009
On March 8, International Women’s Day, Pax World and KLD announced that they will construct the first Gender Investment Index series for the International Finance Corporation (IFC), a member of the World Bank Group, in an effort to “increase interest among corporations and investors in gender empowerment.” Research shows that there is a “positive correlation between gender diversity in Boards of Directors and senior management and the quality of earnings reported by companies,” says Julie Gorte, Ph.D, Pax World Senior Vice President for Sustainable Investing. Read More

FA Green: Top 10 for Women
Posted March 10, 2009
Managing Editor Dorothy Hinchcliff’s blog discusses the recent launch of the IFC Gender Index series, developed by Pax World and KLD. Hinchcliff notes that “Pax World has been a leader in promoting gender as an investment concept—the idea that companies that empower women perform better financially over the long run.” The first index announced, the North America Women Investment Index (NAWI), includes “216 U.S. and Canadian firms in various sectors that rank highly on promoting gender equality.” According to KLD, “one interesting finding was the companies who made it into the gender indexes generally had good overall performance on environmental, social and governance (ESG) criteria.” Read More