By Jory Cohen, Director of Finance and Impact Investment, Inspirit Foundation For more than three years, Inspirit has been openly sharing how our investments and our impact-centric approach have navigated the pandemic, and now it’s time to provide some conclusionary comments. With the World Health Organization declaring, “COVID-19 over as a global health emergency” back … Continued
By Jory Cohen, Director of Finance and Impact Investment, Inspirit Foundation It’s been nearly three years since the beginning of the pandemic. While life seems to have settled back into a more comfortable rhythm for many, the financial markets continue to be volatile. Following record-setting positive performance for our portfolio in 2020 — from both … Continued
By Jory Cohen, Director of Finance and Impact Investment, Inspirit Foundation Over the past couple of years, we’ve experienced the ebbs and flows of pandemic waves. The same is true for the financial markets. While last year produced peak performance, we’re now facing a steep valley in 2022. Inspirit Foundation’s portfolio is not immune to … Continued
By Jory Cohen, Director of Finance and Impact Investment The past two years have been a reminder of devastation, turmoil, and fear across the globe. This past year was also tumultuous for Inspirit’s portfolio. In 2021, energy (primarily fossil fuels) and financials were the biggest sector performers in Canada. Given Inspirit’s focus on companies that … Continued
By Jory Cohen, Director of Finance and Impact Investment Despite the pandemic, by the end of 2020, Inspirit had transitioned 98% of our portfolio to increase positive social and environmental impact. The lone asset class that had yet to be transitioned to increase impact? That is our cash, approximately 2% of Inspirit’s assets and the … Continued
As the pandemic drags on, life continues from home for my family. While I’ve been working from my home office, Jill’s been painting at the kitchen (turned art) table. A highlight for us during this period of isolation is that Jill decided to share her artwork publicly for the first time. Jill’s been painting the … Continued
Looking back, 2020 was an unprecedented year as a pandemic affected every area of our lives, including the markets. It was also an unprecedented year for Inspirit’s investments and our overall portfolio. Prior to 2020, Inspirit’s cumulative net value-added performance since inception (2014), that is, our portfolio’s net returns versus benchmark, was a total of … Continued
Like so many others this year, Hayzen had a birthday during the pandemic. This was a milestone birthday for him – his first! While it was fun to celebrate him turning one, Hayzen is undoubtedly growing up during an unprecedented time in history. With no end in sight just yet, we continue to be concerned … Continued
As another fiscal quarter comes to an end, the widespread, negative effects of the pandemic continue to persist, but at the same time we also see some recovery of the global markets. With the third quarter of 2020 now behind us, we’ve seen much of the financial loss endured by the global markets almost fully … Continued
As new parents we are adjusting to living in virtual isolation with our son during these strange and scary times; we worry about the long-lasting impacts psychologically and socially. Outside of our little family bubble, the pandemic has threatened people’s livelihoods and created chaos in the global markets. Investment strategies have needed to adapt to … Continued
