Where have you been?

My apologies for such a long radio silence., TBLI has been on the road extensively this year, helping to build the infrastructure for TBLI (Triple Bottom Line Investing) in Asia. In addition, we have been expanding our outreach to Private Asset Owners (Single Family Offices, Multi Family Offices, and HNW). It has been quite a journey.

From January to May, I visited Hong Kong, Beijing, Shanghai, Bangkok, Dubai, Istanbul, Stockholm, Milan, Wiesbaden and then back to Shanghai. What was surprising was the hunger for information about ESG and Impact Investing. It was as if a paradigm shift had occurred among asset owners. They wanted to believe that Values Investing could work, but needed more convincing.  Most of the talk was dispelling the Myths that Impact was charity, money losing, philanthropy, no good management, etc. Those myths were easy to dispel. Almost as easy as dispelling the myths that all PE Funds and Hedge Funds achieve 30%+ year in year out. Or all fund managers always beat their benchmark.

Nearly all were keen to better understand what is Impact and how can they move large sums into investments that look at all risks and opportunities.

I always said TBLI was an overnight success after 20 years.

With that in mind, TBLI will be doing many more road shows, particularly in Asia to further help build the ESG and Impact eco system. If you would like to host a meeting with clients and staff, let us know and we will be happy to speak at your event.  Contact us 

Forbes Interview

Devin Thorpe of Forbes recently did an interview with me. Here it is. I hope you enjoy it.

TBLI CONFERENCE NORDIC 2018, Nasdaq, Stockholm Sweden Nov. 8-9

TBLI Conference Program is nearly finished. Hope you can join us. We anticipate a significantly larger turnout this year, from last year. The number of Early Bird Registrations is much higher. If you are planning on coming, the Early Bird Discount of SEK 2000, — ends May 31. So register soon. 

GDPR Private Policy

You’ve probably already seen quite a few emails about the GDPR. Europe’s landmark legislation on data protection.   We have updated our Privacy Policy  to comply with the new GDPR requirements. We kindly ask you to read them and get familiar with the updates.

TBLI Special Events

As part of our capacity building outreach on ESG and Impact Investing, TBLI will also be hosting small, intimate events as well as collaborating on larger events for Asset Owners. Asset Owners may attend all Conferences free of charge. Service providers may register to attend for a fee. Dinners and Retreats have a registration fee involved. If you would like to join one of these events, contact us.

Save the Dates:
• TBLI Inspiration Weekend Glen House Castle, near Edinburgh Sept. 21-24
• IMPACT INVESTING: EXPLORING THE PERSONAL JOURNEY  London, 18/9/2018, St. James Hotel Invitation only.
• TBLI Dinners Paris October 30.
• Family Office Event- San Francisco, 12-13th September 2018, The Cabernet Sauvignon Yacht, where 100+ N American Family Offices meet Invitation only.
• Family Office Event-London 9-10th October 2018, The Dorchester, where 140+ London based Family Offices gather Invitation only.
• Family Office Event-Zurich 13-14 November, 2018,  Dolder Grand Hotel, The meeting place for 100+ genuine* Family Offices from all over the world  Invitation only.
• Family Office Event-Dubai, 5-6 February, 2019, Palace Downtown Dubai Invitation only.
• Family Office Event-Singapore 5 – 6 March 2019 The Fullerton: The Asian Forum for 100+ genuine* Family Offices and UHNWI  Invitation only.

TBLI Goes on the Road to China

China Road Show

I will be doing a China Road show to speak about Value(s) Investing in Hong Kong, Shanghai and Beijing. Hope you can join us if you are in the area. Thank you to the organisers, particularly Peiyuan Guo of Syntao, for their kind invitation.

The birth of a new era

When I started TBLI, 20 years ago, social media did not exist and thought leaders or influencers working to create a values based investing industry,  were few and far between. There was no CDP, no PRI, no Montreal Pledge, no ESG or Impact Investing community (GIIN, AVPN, EVPA, Eurosif, etc.).

The marketing people took over the field thinking that SRI/ESG etc would be a way to get more money to manage. They failed as the placement of SRI funds was not a successful event, initially. What became successful was the realisation that Social, Environmental and Governance factors would be come pervasive and will slowly make their way into the mainstream language. The battle is now for the value of that language: will it weaken in an Orwellian newspeak or will the ideas and the words take over.

I believe that ESG and Impact or what I like to call Value(s) Investing will become all pervasive, and TBLI through all its efforts was instrumental in achieving that. I believe it will provide investors what they all ultimately want; Investments that look at all risk factors, social, environmental, governance and financial, leading to Market Rate Return with a Social and Environmental added value. 

Accelerating Value(s) Investing

TBLI will be celebrating its 20th anniversary, in Stockholm at Nasdaq, Sept. 28-29.  Moving forward, TBLI will be transitioning to TBLI 2.0.- Accelerating ESG and Impact Investing strategies and money flows by asset owners and managers. We have been working on that and have some exciting new initiatives that.

Come join us for the next Chapter.

Batman Returns

To stay focussed on the job at hand, important to laugh, be authentic, and committed. Watching Larry David helps.

Convincing Trump about Impact Investing

I love irresponsible investors and criminals. Not real irresponsible investors and criminals, I mean those that are totally against ESG and Impact Investing. Those that have a clear idea why ESG is a terrible idea and it is a complete waste of time and will always fail. Why do I like this group, because they are the easiest to convince about Sustainable Investing and achieve behavioural change. Remember the financial sector is the most predictable group you will eve encounter.

Recently I was at a conference on ESG investing with mostly mainstream financial alpha males, all totally convinced that they had all the answers. A significant part of the Conference was dedicated to ESG and ESG analysis. At the end of the first day, there was a very nice dinner. Everybody rushed to sit themselves next to the best potential client. I walked slowly and ended up at a big empty table with two men and many empty seats. Next to me was a German, hard core, anti climate change, and sustainable investment. He was very aggressive and didn’t want to be confused with facts or fake news. I thought I was sitting next to Donald Trump, but I wasn’t. My neighbour was actually more educated.  The other dinner guest was an ESG fund manager and a big fan of ESG integration and investment.

Did you ever talk to someone who contradicted and denied whatever you said. If I said, it was raining, he said no it isn’t. It’s cold. No its not. Renewable Energy is terrible. Money wasted. Extra financial investing is stupid. Etc. My German challenge had a family office and managed his own money, and according to him, he didn’t do so well, as he often missed his bench mark. After 1.5 hours of listening to his tirades, fake news, silly remarks and unwillingness to keep an open mind, I used the fool proof convincing method.

I said “Remember this day. March 16th. It might take one hour, one day, one week, one month, 1 year or 2 years or 3 years, but you will ultimately adopt ESG and Impact as a way of managing your money, and you will remember this day and me.” Then I turned to my ESG fund mangers and said to my Trump Surrogate that his firm manages Euros 200 billion, and he has beat his bench mark, regularly,  for his clients using an integrated ESG methodology”. My ESG skeptic looked shocked and his facial colours changed, a small smile forced its way out of his vault like face and asked “could I have your card so we might speak about your ESG services”.

Don’t you love financial alpha males who hate ESG and Impact. I do.

Impact Investing Myanmar

My wife, Dr. Rieki Crins started The Learning Exchange Foundation (LEF). After successfully creating a vocational hotel school in Bhutan, she has been asked, by the Governor, to set up a hotel school for Karen refugee youth in Myawaddy, Karen State, Myanmar.

As you all know, until 2012, there was a bloody civil war in Burma and the ethnic minorities where became victims of this war. For example, the Karen people had to flee to refugee camps. Now there are several of these camps along the Thai border. These camps have been here for 60 years  and  there are more than 100.000 people living in these camp, with  50% under the age of 25. These young people receive education from various NGO’s but the education, and thus diploma, are not recognized by Myanmar and Thailand. These kids are stuck!

Tourism is booming in Myanmar and there is a huge demand for skilled hotel people. Her hybrid hotelschool ( hotel and school) is ideally placed to address the challenges and needs of the Karen people living in these refugee camps.

Please support this important initiative that is working to create a livelihood for 100.000 refugees stuck in these camps .

Karen Hotel Project needs to raise US $ 100.000. 

If you would like to have more information, please contact rieki

Thank you.

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