Category: Global Environmental Opportunities

    Essex Global Environmental Opportunities Strategy (GEOS) October 2023 Update   In his 1987 letter to shareholders, Warren Buffett described the difference between short term trading and long-term investing using the metaphor of a voting machine versus a weighing machine. In the near term, the market can behave like a political contest, determining equity share prices based on popularity,... Read more ›

  Essex Global Environmental Opportunities Strategy (GEOS) September 2023 Update     The month of August 2023 was a very difficult month for equities, especially smaller public equity shares. While it is hard to generalize an earnings season, second quarter earnings were muted, with many companies meeting earnings expectations at the low end of guidance. Market breadth, a measure of... Read more ›

Essex Global Environmental Opportunities Strategy (GEOS) August 2023 Update     Equity market volatility was dampened in July 2023, the result of Wall Street vacations and an investor redirection toward an economic soft landing versus the prior consensus for a recession. As we have been communicating the past year, this period is unlike most in history, as the pandemic and... Read more ›

        Essex Global Environmental Opportunities Strategy (GEOS) July 2023 Update There was a lot going on in the second quarter of 2023 across our capital markets. Early in the quarter, the markets were absorbing continued banking stresses amidst the din from the media and strategists alike regarding their anticipation of a global recession. Such headlines catalyzed a... Read more ›

    Essex Global Environmental Opportunities Strategy (GEOS) June 2023 Update   The tug of war between inflation and recession continued its reflection on the equity markets in May 2023 albeit to a lesser extent. Market returns were led by mega-cap tech stocks, and, interestingly, the most leveraged companies in the small cap arena. Climate change is one example of... Read more ›

  GEOS: Investing in Environmental Solutions The Essex Global Environmental Opportunities Strategy (GEOS) invests in solutions to environmental challenges, looking to the biggest global environmental problems to find attractive investment opportunities. The Nelson A. Rockefeller quote, “Wherever we look upon this earth, the opportunities take shape within the problems,” aptly describes our investment philosophy. Environmental problems such as water scarcity,... Read more ›

  Essex Global Environmental Opportunities Strategy (GEOS) May 2023 Update   The equity markets took to firm risk-off posture in the month of April 2023 as the markets absorbed several more banking crises and awaited May’s Federal Reserve decision on the path for interest rates. As we await the world’s most anticipated recession, the market has no appetite for smaller,... Read more ›

Bill Page, Co-Portfolio Manager of the Essex Global Environmental Opportunities Strategy (GEOS) was featured on Bloomberg’s The Tape on May 9, talking about clean tech generally, with answers to questions on the current state of the electric vehicle revolution. To listen to Bill's segment, please scroll to 7:48 of the audio link:       Please find important disclosures here Read more ›

  Essex Global Environmental Opportunities Strategy (GEOS) April 2023 Update     Spring is emerging here in Boston, well ahead of itself given a temperate winter. As we exit from a tumultuous winter from so many perspectives, we welcome spring – a season of new growth and green shoots. While our winter was warm, news flow was dark, from extreme... Read more ›

Spring is emerging here in Boston, well ahead of itself given a temperate win-ter. As we exit from a tumultuous winter from so many perspectives, we wel-come spring – a season of new growth and green shoots. While our winter was warm, news flow was dark, from extreme weather events to an economy still suffering stresses from inflation and resultant... Read more ›