Amberwave Q1 Performance update

Mar 31, 2022

Our ETF has returned 2.59% since inception in January, delivering outperformance of the S&P 500 benchmark index of over 2.3%.  Moreover, with a “beta” to the S&P 500 of 1.03, almost the entirety of this outperformance is pure “alpha.”

How JSG Scoring Works

 February 2, 2022

Our team at Amberwave Partners has done a deep dive into every company in the S&P 500 to evaluate its contribution to American jobs, security, and growth (JSG) based on Amberwave Partners proprietary scoring methodology.

Case Study: Stopping Banks from Cutting Off Fossil Fuel Financing at Morgan Stanley

May 15, 2022

The proposal: Shareholders requested that Morgan Stanley adopt a policy to cease financing new fossil fuel development.

Case Study: Shining a Light on Business Dealings in China at Verizon

May 26, 2022

The proposal: Shareholders requested that Verizon prepare a report on the extent to which its corporate operations depend on China, including an explanation of the influence of the Chinese Communist Party on Verizon’s business.

Case Study: Ensuring American Workers Do Not Become Climate Change Collateral Damage at Marathon Petroleum

May 26, 2022

The proposal: Shareholders requested that Marathon prepare a report examining how Marathon is addressing the impact on workers and communities from shutting down fossil fuel production as part of its climate change strategy.

An Update on the 2022 Proxy Voting Season

May 26, 2022

Stewardship of our clients’ investments is fundamental to Amberwave’s jobs, security & growth (JSG) investing strategy. We have developed a unique proxy voting policy that is engineered to ensure that our clients’ investments are voted in a way that is designed to support U.S. jobs, security & growth.

Stephen Miran

The Inflation Reduction Act won’t reduce inflation,” Wall Street Journal, July 31, 2022.

The trillion-dollar infrastructure bill will fuel inflation,” Wall Street Journal, August 8, 2021.

The inflation tax on capital,”
Wall Street Journal, July 18, 2021. 

Time for another round of PPP,”  Wall Street Journal, December 17, 2020. 

The capital markets can help heal the supply chain,”  Real Clear Markets, February 11, 2022. 

OECD tax revamp should not forget China,”  Bloomberg Tax, February 10, 2022. 

The job-preservation effects of Paycheck Protection Program loans,” Treasury Economic Policy Working Paper 2020-01, December 16, 2020.

Dan Katz

Where did that IMF covid money go?Wall Street Journal, November 29, 2021.

Markets have ESG tunnel vision,” Barron’s, May 27, 2022.

Central banks are risking their independence,”  Bloomberg, August 23, 2021.

Airlines don’t need to be saved by taxpayers again,”  Bloomberg, April 12, 2021.

Sound On: Inflation, Biden Agenda Delay (Radio),”  Bloomberg, Dec 15, 2021.

Thomas Dans

The U.S. could fall further behind in the Arctic,”  The Hill, October 1, 2021.

ESG Matters, but Tunnel Vision Shortchanges Investors,”  Inside Sources, March 10, 2022.