November 2023 Market Review

U.S. Treasury yields fell across the curve after seven months of rising. The 10-Year yield moved 58 basis points (bps) lower, marking the most significant monthly decline since December 2008. The curve began to invert again as new economic data pointed to slowing U.S. growth. Despite commentary from FOMC members insisting that it is premature […]

December 7, 2023

LIM Named to Top 100 Women-Led Businesses for Third Year in a Row

BOSTON, MA, November 3, 2023 – Longfellow Investment Management Co., LLC (LIM) is honored to be recognized as one of the top 100 women-led businesses in Massachusetts for the fourth time. The Women’s Edge, partnering with The Globe Magazine (Boston Globe Media Partners, LLC), hosted an awards breakfast this morning recognizing the 100 organizations. The […]

• Awards and Recognition

November 3, 2023

October 2023 Sustainable Investment Update

This year marks the 28th annual UN climate change conference, COP28, during which sovereign leaders and industry experts will seek to align and advance global climate mitigation and adaptation policies. In addition, 2023 also represents the midway point from when the UN’s 2030 Agenda for Sustainable Development and the 17 Sustainable Development Goals (SDGs) were […]

November 2, 2023

FOMC: Another Pause – Or Have We Peaked?

BOSTON, MA, November 1, 2023 — The Federal Open Market Committee (FOMC) met today to assess the state of the U.S. economy and monetary policy.  What We Learned As expected, the FOMC left the Federal Funds Target Rate (fed funds) unchanged at 5.25-5.50%. With Q3 economic factors displaying strong results, a firm labor market, and obstinate […]

November 1, 2023

Event-Driven Update Q3 2023

In this quarter’s Event-Driven Update, we discuss the year-over-year decrease in SPAC IPO issuance and its impact on new listings and secondary trading. M&A activity is also down year-to-date. Despite the reduced activity, a wider spread environment has emerged that is more reflective of idiosyncratic deal risk and an improved risk/reward ratio. To receive the […]

October 17, 2023

September 2023 Sustainable Investment Update

From new climate disclosure rules in California to an abrupt “pragmatic” net zero policy pivot in the UK, September was a busy month on the ESG front. This month, we also break down the Utilities sector’s underperformance in 2023 and provide insight into differentiated potential future returns now that its historical yield premium has recently […]

October 16, 2023

September 2023 Market Review

September 2023 Market Review Third quarter consumer spending persisted like rain in New England and heat throughout the country. July rainfall in Boston totaled about 11 inches, almost two times the 20-year average. July also set global heat records with over 90 million residents experiencing alerts and extended triple digit temperatures. Third quarter GDP may […]

October 5, 2023

FOMC: Flying Through the Fog

BOSTON, MA, September 20, 2023 — The Federal Open Market Committee (FOMC) met today to assess the state of the U.S. economy and monetary policy. What We Learned As projected, the FOMC left the Federal Funds Target Rate (fed funds) unchanged at 5.25-5.50%, demonstrating the Fed’s commitment to its dual mandate. While virtually no one was expecting […]

September 20, 2023

Deena Raja Joins LIM

BOSTON, MA, September 19, 2023 – Longfellow Investment Management Co., LLC (LIM) is pleased to announce that Deena Raja joined the firm on September 18 as a client portfolio manager in a newly created position. She is a member of the investment team and will participate in internal investment strategy and research discussions while also […]

• Company News

September 19, 2023

August 2023 Sustainable Investment Update

In just 12 months, the Inflation Reduction Act (IRA) has meaningfully disrupted traditional capex spending and labor markets in the U.S. and abroad as manufacturers seek to take advantage of the bill’s generous incentives. From 85,000 new clean energy jobs across the U.S. “battery belt” to an $11bn Canadian incentive to keep a European automaker […]

September 11, 2023