Inspire Investing Climbs Above $500 Million Assets Under Management
Biblically responsible investing (BRI) firm Inspire Investing doubles assets in six months, surpasses $500 million in assets under management with growing demand and positive performance.
SAN JOSE, Calif., June 7, 2019 (Newswire.com) - Inspire Investing, a leading player in the faith-based, biblically responsible investing movement, just passed another major milestone in the continued growth of their firm, breaking above half-a-billion dollars in assets under management (AUM).
Positive performance and persistently growing demand for their uniquely constructed, index-based, biblically responsible investment offerings have propelled Inspire’s asset levels higher with astounding velocity. Inspire began 2019 with $250 million in assets. Six months later, they have doubled that number to above $500 million.
"It is humbling for us to see the staggering growth of our firm because we know it is all because of God's work in the hearts of His people. God is the one behind the biblically responsible investing movement's incredible momentum, and He is the one to whom all glory is due.
Inspire’s total discretionary assets under management were $500,554,432 as of market close on June 4.
Expanding Biblically Responsible Investing Movement
Inspire’s growth is testament to the expanding movement among Christian investors to align their investments with the biblical values they hold dear, a practice called biblically responsible investing (BRI).
BRI is a thriving subset of the larger ESG (environmental, social, governance) investing trend. For years, the ESG landscape has been dominated by investment screening that sought to align with progressive, liberal values. But now, faith-based investors are waking up to the opportunity to invest in positive, quality companies that align with their conservative, biblical values.
Many investors are shocked to discover that their IRA, 401k, mutual fund, ETF or other investment is profiting from and supporting business involved with abortion, pornography, human trafficking and other issues they deem immoral. These investors are discovering that because of companies like Inspire, they can avoid investing in these problematic categories and instead invest in companies making a positive influence on the world, without having to sacrifice performance.
These are the investors bringing their money to Inspire Investing and driving the BRI movement.
Inspire’s Data-Driven Approach to Biblically Responsible Investing
At the center of Inspire’s approach to biblically responsible investing is their proprietary Inspire Impact Score methodology. Inspire Impact Scores allow investors to easily identify how aligned or how opposed a company (or portfolio of companies, like a mutual fund or ETF) is to biblical values.
Using a wealth of environmental, social and governance (ESG) data from some of the most respected data providers in the world, Inspire analyzes companies from the bottom up with a rules-based, methodology-driven process through the lens of a biblical values worldview.
The result of this objective, data-focused process is an Inspire Impact Score that ranges from -100 to +100, with scores closest to +100 representing greater alignment with biblical values. Inspire invests in those companies closest to +100 and never invests in companies with scores lower than zero in any of their strategies.
“We believe that companies more closely aligned with biblical values represent higher-quality investment opportunities, and the number of our strategies outperforming their benchmarks seems to be supportive of that thesis,” says Robert Netzly, CEO of Inspire Investing.
Inspire recently released a free online tool at www.inspireinsight.com that allows investors to look up the Inspire Impact Score of more than 25,000 stocks, mutual funds and ETFs to investigate the good, bad and ugly of what their portfolio is invested in from a values perspective, quickly and easily with a simple ticker symbol search.
Inspiring Transformation Around the World
Not only does Inspire Investing seek to invest in the most inspiring companies in the world, but they also aim to be one of the most inspiring companies in the world. As such, Inspire donates 50 percent or more of their corporate profits to Christian ministry every year. Most recently, Inspire adopted a village in the coffee farming mountains of Guatemala and is working to provide a church building, clean water, improved education, a fully functional medical clinic and child sponsorship to completely transform the lives of the those living in that impoverished village.
For more information on Inspire Investing, please visit: www.inspireinvesting.com
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About Inspire Investing
Founded in 2015 and headquartered in the Silicon Valley of California, Inspire Investing seeks to create meaningful impact in the lives of people across the globe by providing quality, biblically aligned investments that support Christian ministry and is a leading authority in the Biblically Responsible Investing (BRI) movement. For more information, visit www.inspireinvesting.com.
* Disclaimer: Investment advisory services offered through CWM Advisors LLC dba Inspire, a Registered Investment Advisor with the SEC.
Source: Inspire Investing