Majority of ultra-wealthy expect recession next year
Fifty-five percent of the super-rich around the world are already preparing for a recession. That’s according to a survey by Swiss wealth management company UBS of 360 global family offices with an average family wealth of $1.2 billion. Results showed 55% of family offices see a recession by 2020, and to mitigate risks, 45% are […]
Would stocks crash with a Trump impeachment?
President Donald Trump warned in a tweet last month amid the Ukraine whistleblower inquiry that his impeachment would cause “the markets crash.” Trump’s tweet came a day after the release of a rough summary of a July 25 phone call with Ukrainian President Volodymyr Zelensky. The summary showed Trump asked Zelensky to investigate former Vice […]
What to look for in a financial advisor
With all the different financial planners, advisors, and services available today, finding and choosing a trusted professional who can help you meet your financial goals can be confusing. If you’re looking for broad-based financial advice, consider hiring a CERTIFIED FINANCIAL PLANNER™, or CFP®, which is considered the highest standard in the industry. CFPs must act […]
Business is changing; responsible investors are part of the reason
Last month the Business Roundtable, which represents some of the largest companies in the United States, released a new statement of corporate purpose. The old one, which came out in 1997 and put shareholders above all other corporate stakeholders, was the product of a new outmoded way of thinking about the world, a notion that […]
Azzad’s updated proxy voting guidelines
Azzad engages in shareholder advocacy on behalf of our clients including proxy voting and filing resolutions and sending investor letters. Corporations have a role to play in some of the most significant challenges in the United States – from income inequality to climate change. In pursuing a fiduciary responsibility to shareholders, they can become detached […]
Steps to take in a jittery market
It’s difficult (if not impossible) to say what stocks will do in the near term. And well-meaning investors who are trying to do the right thing by not being too hands-on with their portfolios (see this market timing article) can end up, inadvertently, with an investment mix that’s too risky, simply because they’ve been letting […]
Lessons from yield curve history
Stocks were under pressure for much of August as U.S.-China trade tensions escalated, with Washington and Beijing announcing escalating rounds of tariff increases. Worries over the economic outlook rose, highlighted by a Treasury rally that sank yields and resulted in an inversion of the main measure of the U.S. yield curve, with the 10-year yield […]
Market timing can cost you money
Over the past year and for periods of five, 10, 20 and 30 years, the average mutual fund investor has underperformed the markets for both stocks and bonds, according to research firm Dalbar. The Dalbar data leads to the inescapable conclusion that most investors are really terrible at investing. They panic and sell at the […]
Financial planning in a nutshell
You may have noticed in last month’s newsletter that Azzad was named in Financial Advisor magazine’s 2019 RIA Ranking. It’s a premier industry ranking of investment advisors based on assets under management. Azzad moved up the list from last year, which is great news. More important than that, however, are the relationships that our advisors […]
Informa Investment Solutions Names Four Azzad Portfolios to ‘Top Guns’ Status
Strategies excel across multiple categories and reporting periods in the PSN manager database Falls Church, Va., 8/19/19 – Azzad Asset Management today announced that four of its investment portfolios have been recognized as “Top Guns” for time periods ending June 30, 2019. The firm’s large cap growth, small cap growth, small cap value, and international […]
