United States
Joseph Keefe
Joe Keefe held the role of President and CEO of Pax World Management starting in 2005, and continued serving as President of Impax Asset Management, North America, from the firm’s acquisition in 2018 through his retirement in 2024. Joe is a recognized leader in the sustainable investing industry in the US, acknowledged for his work promoting sustainable investing and ESG analysis, and especially for his advocacy supporting and enabling gender lens investing. Though his leadership, Joe exemplified the culture and values of Impax.
Prior to joining the firm, Joe was President of NewCircle Communications, a strategic consulting and communications firm specializing in corporate social responsibility and public policy communications. He served as Senior Advisor for Strategic Social Policy at Calvert Group from 2003-2005 and as Executive Vice President and General Counsel of Citizens Advisers from 1997-2000. He is a former member of the Board of Directors (2000-2006) of US SIF, the trade association representing asset managers and investors engaged in sustainable investing throughout the United States. Joe co-founded the Thirty Percent Coalition and is former co-chair of the leadership group for the Women’s Empowerment Principles, a joint program of the United Nations Global Compact and UN Women. Before entering the investment management industry, Joe worked in private law practice for 16 years.
Joe holds a Juris Doctor from the University of Virginia School of Law and a Bachelor of Arts in philosophy from the College of the Holy Cross.
Authored Insights
A farewell message from Joe Keefe, President, Impax North America
Investing in gender equity is smart investing
Specific practices advancing gender equity provide a window into culture, and stronger cultures contribute to better performance.
ESG thinking: assessing risks and opportunities in the transition to a more sustainable economy
Why Biden was right to veto legislation that would preclude ESG factors from investment decision-making in US retirement plans
Pax Ellevate Global Women’s Leadership Fund Top 10 Holdings (as of 12/31/20)
As of 12/31/2020, Microsoft Corp. was 5.1% of the Pax Ellevate Global Women’s Leadership Fund. Amazon.com, Inc. was 4.7% of the Fund. Estee Lauder Cos, Inc., The, Class A was 2.1% of the Fund. Starbucks Corp. was 2.1% of the Fund. American Water Works Co., Inc. was 2.1% of the Fund. Principal Financial Group, Inc. was 2.1% of the Fund. Autodesk, Inc. was 1.8% of the Fund. Coca-Cola Co. was 1.7% of the Fund. Koninklijke DSM N.V. was 1.6% of the Fund. Johnson & Johnson was 1.6% of the Fund. Holdings are subject to change.
RISKS: Investments involve risk, including potential loss of principal. The Pax Ellevate Global Women’s Leadership Fund does not take defensive positions in declining markets. The Fund’s performance would likely be adversely affected by a decline in the Index. There is no guarantee that the objective will be met and diversification does not eliminate risk. Equity investments are subject to market fluctuations, the fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Emerging market and international investments involve risk of capital loss from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, economic or political instability in other nations or increased volatility and lower trading volume.
The statements and opinions expressed are those of the speakers as of the date of this event. All information is historical, not indicative of future results and is subject to change. This information is not a recommendation to buy or sell any security. Past performance does not guarantee future results.
For institutional communication only.
IMPX-20210128-0104