When working at DFA I always surrounded myself with individuals who shared my passion for moving investors away from active management and for creating an advisor/investor relationship sans the conflict of interest. You advisors know most of these individuals, including Sam Adams, who led the “charge,” so to speak, in both Europe and Australia.
Sam, along with many advisors and their clients, is passionate about “sustainability.” He left DFA recently with a goal of creating a family of “sustainable funds” that advisors could use to deliver the capital market rates of return across different asset classes. Sam has done a lot of work on how to accomplish this but it is more than I can spell out with this post.
Currently, the market is dominated by expensive, actively managed funds, with multiple “social goals” making proper diversification a challenge for advisors and their clients. And I agree with Sam that the “environmentalist movement” has the investment message all wrong. The doom and gloom story is not the way to go. Market forces and technology will create the solutions.
So here is what I am asking. Let Sam and/or me know what you think. We believe it’s a win/win for investors and the environment and we are trying to determine whether or not the demand is strong enough to make the funds themselves “sustainable.”
You can email Sam at: firstname.lastname@example.org