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There is a growing awareness that investment-grade corporate bond investors can use the same environmental, social, and governance (ESG) metrics popular in equity portfolios. Though in its early stages, this awareness is leading to rapid growth in socially responsible bond investing. By incorporating ESG, bond investors may achieve superior risk mitigation and without sacrificing yield or portfolio returns.

Municipal bonds had a turbulent third quarter. But did the sharp rise in yields (and corresponding drop in prices) cause investors to overreact?

How can investors navigate the turbulent waters of municipal-bond credit-risk spread? The answer may be: “Wait and see.”

Many acronyms and terms are associated with impact investing, including socially responsible investing (SRI), mission related investing (MRI), and environmental, social and governance (ESG). While each has specific attributes, all address the desire to align one’s investments with a social cause or causes one believes in. In 2015 research by U.S. Trust, 85 percent of millennials, 70 percent of Generation Xers and 49 percent of baby boomers surveyed agreed that the social or environmental impact of an investment was important in making investment decisions.

Research shows that individuals investing directly in stocks or in mutual funds tend to have substantially lower returns than do comparable equity indices or the funds themselves. This underperformance is attributable mainly to human behavioral biases, either cognitive or emotional, which have long been the focus of behavioral finance literature. Of the many deficiencies researchers have identified, one of the most significant is loss aversion. That and other behavioral biases cannot be avoided, but their effects can be diminished.

There were two distinct periods during the quarter divided by sentiment and performance. The start of the year through February 11 was a “risk-off” period of negative sentiment and sharp declines across asset classes and countries. Many assets had double-digit declines during the first half of the quarter. Sentiment shifted abruptly and most markets rallied starting February 12. Many major indices erased prior losses to post gains for the quarter.

Prior to the Brexit vote on June 23, financial markets were relatively strong. The S&P 500 index was trading just under its all-time high and the British pound was at the highest level of the year. The day after the vote, markets reacted sharply with risk-assets dropping and safe haven assets rising. Oil, the S&P 500, and the FTSE Eurotop 100 fell 5 percent, 4 percent, and 6 percent respectively. Gold gained 4 percent. The sell-off lasted two days and equities regained much of the two-day declines by month-end.

For decades, families seeking advice on how to invest their hard-earned capital were forced to endure “beauty contests” where potential advisors attempted to demonstrate their supposedly-unique skills and/or access to information. More often than not, it seemed families would choose an advisor only to inevitably experience disappointment when their actual results didn’t uphold the promises made by the advisor.

The proverb “Shirtsleeves to shirtsleeves in three generations” is pervasive across many cultures. Why is this the case and how can your family be exceptional in your quest to sustain your wealth? Observations from decades of working with families on this challenge provide seven insights on how families fail to sustain their wealth from generation to generation, and how you can learn from them.

In recent years the rise in prominence of smaller, typically seed stage focused venture funds has transformed the landscape of early stage investing. At the same time, mobile innovation has spawned new business models that in a short period of time can achieve great scale and reach. It becomes even more essential to have access to top venture capital firms, which can be hard, but understanding micro VCs track record may get you the same access to the top portfolio companies.