Sustainable Returns: ESG Investing

Andrew W. Russell

Director of Fixed Income Investments

United Church of Christ Pension Boards

ANDREW RUSSELL DIRECTOR OF FIXED-INCOME INVESTMENTS PENSION BOARDS – UNITED CHURCH OF CHRIST Andrew Russell is Director of Fixed-Income Investments for the Pension Boards – United Church of Christ (PB-UCC) where he directs investment management activities for fixed-income portfolios benefiting UCC ministers and lay employees. He does the same for UCC churches, conferences, and associations on behalf of UCC associated ministry United Church Funds (UCF). Andy has direct oversight for portfolio management, research, analysis, trading, and risk positioning for all internally managed fixed income portfolios and he is responsible for their performance. He serves as lead portfolio manager for the Core-Fixed strategy and the Stable Value Fund. Andy supports in several ways the special emphasis that PB-UCC and UCF have placed on achieving socially beneficial change by way of sustainable investing, particularly climate change. Notably, Andy and his team were instrumental in introducing green bond investing to the fixed income investment program. Additionally, Andy advises the CIO and team regarding allocation to and selection of externally managed fixed-income strategies and their managers. He has contributed as advisor, speaker, and panelist at various investor forums. Before joining the PB-UCC in 2003 Andy spent over ten years at Chase Asset Management where he held positions as analyst, trader, and portfolio manager - managing both Vista mutual funds and institutional bond portfolios. Andy is a graduate of the University of Vermont where he earned a BA in History and Political Science. Andy is a member of the Board of Managers of SRNY/Fraunces Tavern Museum - whose mission is to preserve and interpret the history of the American Revolutionary era through public education. He chairs the Board's investment committee. Andy is a member of the Board of Directors of the Montclair Fund for Educational Excellence - whose mission is to recognize and promote initiatives with goals related to improving academic achievement for all students.

Kate Murtagh

Managing Director, Sustainable Investing, and Chief Compliance Officer

Harvard Management Company, Inc.

Candice Dial

Senior Associate

Church Pension Group

Candice Dial is a Sr. Investment Associate of The Church Pension Fund (CPF). Candice is responsible for sourcing and vetting sustainable, ESG, and impact opportunities. Her mission is to actively seek, identify and make investments that offer attractive risk-adjusted returns, while remaining consistent with CPF’s investment objectives, fiduciary responsibilities, and striving to achieve important social goals. In addition, Candice contributes to ESG formulation and integration within the firm. She also oversees $1.1 billion of impact investment commitments. She joined CPF in 2014.

Andrew Collins

Director of ESG Investing

San Francisco City & County Employees' Retirement System

Andrew Collins is Director of ESG Investing for the San Francisco Employees’ Retirement System (SFERS). Previously, he was an ESG Investment Strategist with State Street Global Advisors, and prior to that he was Technical Director of Standards Setting at the Sustainability Accounting Standards Board (SASB). He has also held roles in environmental auditing and consulting, and worked as a corporate sustainability manager for the Indian conglomerate Mahindra & Mahindra. He holds a BS from Yale University.

Andrew Siwo

Investment Director, Head of Mission Related Investments

Colonial Consulting, LLC

Andrew Siwo is an Investment Director and Head of Mission Related Investments at Colonial Consulting, an investment consultancy to leading foundations and endowments. The firm has over $37 billion in assets under advisement. Prior to joining Colonial Consulting, Siwo was a manager at the Global Impact Investing Networking (GIIN). In his capacity there, he was responsible for the operation, sourcing, and development of ImpactBase, the largest platform of impact investment funds worldwide, which he grew by $10 billion and approved more than 100 new impact funds/products targeting a financial and social/environmental return. He also educated and fostered institutional investors seeking exposure to socially/environmentally responsible investment portfolios. Prior to joining the GIIN, Andrew spent five years in the investment banking division at JP Morgan--most recently in the Global Special Opportunities Group, a $3 billion proprietary portfolio of principal investments in private equity, debt, mezzanine, infrastructure, and real estate. He also held roles on the Rates Desk executing fixed income financing transactions as well as the Securitized Products Group valuing collateralized mortgage obligations. Before JP Morgan, Andrew was a member of the Corporate Finance and Real Estate Strategy Group at Victoria's Secret leading project finance initiatives. He began his career at E*Trade Financial managing a team of investment representatives serving active traders and high net-worth, self-directed investors. Andrew completed an MPA in Finance and Fiscal Policy at Cornell University and holds a BA in Accounting from Morehouse College. He has held FINRA Series 7, 63, and 24 licenses.

Matthew Sherwood

Director, Public Markets Investments

Ministers & Missionaries Benefit Board (MMBB)

Dr. Matthew Sherwood is an accomplished investment professional with a strong track record of success. Dr. Sherwood began his asset management career at Morgan Stanley, where he managed investments in the Private Wealth Management business unit. Dr. Sherwood left Morgan Stanley for a full discretion Portfolio Manager position at Access Global Partners, where he was responsible for allocating capital across all asset classes. Dr. Sherwood left Access Global Partners to pursue a Senior Portfolio Manager position at The Schonfeld Group, before obtaining the Senior Investment Manager position at Ivy Strategy, where he led external allocation due diligence, investment research, and asset allocation modeling. Prior to joining MMBB in January 2015, Dr. Sherwood served as the Chief Investment Officer at Wayne Capital Management. Dr. Sherwood has performed exceptionally well throughout his asset management career. In 2008, a year that saw a 40% drop in the S&P 500 index, Sherwood was up 18% on his assets under management, resulting in a 58% outperformance over the benchmark index. Dr. Sherwood is a sophisticated and seasoned investor, who is skilled at risk management, investment research, and the application of economic theory. Dr. Sherwood graduated Summa Cum Laude from the Honors Program at Liberty University in an accelerated three years. He went on to obtain his Masters of Business Administration, where he studied Finance and Economics, and graduated with honors. Sherwood has studied business quantitative methods and economic theory on the doctoral level, and obtained his Doctor of Philosophy in Business Administration from Northcentral University. Dr. Sherwood is an appointed Fellow in Business and Finance at The King’s College, where he guest lectures on Finance, Economics, and Investments.Dr. Sherwood is a published author and is recognized as an expert in the field of investment management and investment research. In 2014 Dr. Sherwood was retained as an Expert Witness in a multi-billion dollar litigation case for his expertise in finance, economics, and equity valuation.

Peter Teuscher

Managing Director, Head of Alternative Investments

Zurich Insurance Company Ltd

Timothy R. Barron

SVP, Chief Investment Officer

Segal Marco Advisors

ExpertiseMr. Barron is the Chief Investment Officer of Segal Marco Advisors where he manages the firm’s Research Department and oversees all investment activities. He has over 35 years of experience in the investment industry. Mr. Barron also chairs Segal Marco Advisors’ Investment Committee and is on the Governing Committee of the Global Investment Research Alliance.Professional BackgroundPrior to joining Segal Marco Advisors, Mr. Barron was President and CEO of Rogerscasey and its head of Research. He also worked as the Director of U.S. Institutional Client Development at Muzinich & Co., a high yield bond investment specialist firm. Prior to that, he was a Principal at Morgan Stanley Dean Witter Investment Management. Before joining Morgan Stanley, Mr. Barron was a Managing Director and Senior Consultant at BARRA RogersCasey, where he led a team providing consulting services to a variety of clients. He was also a consultant with Wyatt Asset Services, the Chief Investment Officer for the Virginia Retirement System, and the Executive Director of the City of Richmond Retirement System.Education/Professional DesignationsMr. Barron received a BA in Philosophy from Emory University and an MBA in Finance from Georgia State University. He holds the Chartered Alternative Investment Analyst (CAIA) designation and is also a member of the CAIA Association. Mr. Barron formerly served as Chairman of the Finance and Investment Committees of the Girl Scouts of Southwestern Connecticut and was a team co-captain for the Ridgefield Relay for Life. He currently serves on the Advisory Board of Lowenhaupt Global Advisors.