Ideas. To inspire, inform, and challenge
Leslie Christian, our Senior Investment Advisor who also runs our Outside Investments department, maintains a blog of her thought leadership outside the NorthStar website....
NorthStar Asset Management Urges Investor Groups to Divest From Gun Manufacturers (12/5/15)
If Congress won't act to control gun violence, maybe investors can; they can stop supporting the manufacturers of deadly assault weapons--like the Smith & Wesson guns used in the latest mass shooting in San Bernardino....
5 Ways to Invest in LGBT Rights for Great Returns (U.S. News Money; 10/28/15)
Viewing investment decisions through an LGBT lens can pay off. An expanding body of evidence indicates that what's good for lesbian, gay, bisexual and transgender employees is also good for investors. Analysts say companies that take the high road regarding sexual orientation tend to be progressive ...
Harvard Seen Forgoing $108 Million a Year Divesting Fossil Fuels (Bloomberg; 9/4/15)
Money managers such as NorthStar Asset Management and Aperio Group that specialize in sustainable investing have also done studies finding academics overstate the risk and costs. The academic debate over divesting dates back decades, following the anti-Apartheid campaigns in the 1970s and ’80s tha...
NorthStar on CNBC regarding Facebook vote (6/15/15)
Julie Goodridge, CEO of NorthStar Asset Management, Inc., was featured on CNBC's Closing Bell last week when she discussed the problematic nature of Facebook's stock share structure, and our shareholder proposal contesting it. View the video here....
What’s happening at Facebook’s shareholder meeting (CNBC; 6/11/15)
Is Facebook's dual-class stock structure—which essentially secures CEO Mark Zuckerberg's control of the company—good or bad for investors?
That will be the top question as Facebook kicks off its annual shareholder meeting on Thursday in Santa Clara, California....
See NorthStar’s CEO on CNBC regarding Google shareholder activism
NorthStar's CEO, Julie Goodridge, appeared on CNBC's Halftime Report this week to discuss our shareholder proposal at Facebook and explain why the company's uneven voting structure is bad for business....
Why a shareholder is fighting a battle to revamp Facebook’s share structure that she admits she can’t win (Business Insider; 5/5/15)
Dual class share structures, which ensure that a small group of company insiders have majority voting control, are all the rage among Internet companies. Facebook does it, Google does it (actually Google has three classes of shares), and LinkedIn does it.
But one small but vocal shareholder says...
Investor Urges Facebook to Eliminate Supervoting Stock (Wall Street Journal; 5/4/15)
A Facebook Inc. investor urged the social network to eliminate its supervoting stock, which would diminish Chief Executive Mark Zuckerberg’s control of the company.
In a securities filing Monday, NorthStar Asset Management Inc. Funded Pension Plan backed a shareholder proposal that would prod F...
Facebook investor challenges share structure (Financial Times; 5/4/15)
Mark Zuckerberg is facing a determined challenge from a Facebook investor over the company's dual-class ownership system that gives its founder and chief executive voting control....