Podcasts about lazard asset management

Investors have gone sour on clean energy. In a troubled time for stock markets in general, where is the capital for energy flowing now?Host Ed Crooks is joined by Shanu Mathew, Senior VP and Portfolio Manager at Lazard Asset Management, and Amy Myers Jaffe, Director of the Energy, Climate Justice, and Sustainability Lab at NYU. Shanu returns to the show to break down how institutional investors, under pressure to deliver returns, are shifting strategies on energy. Amy shares insights on cleantech venture capital trends, and the factors that support investment in low-carbon solutions. With support for renewables under threat, and cutting-edge technologies facing mounting challenges, is the transition to low-carbon energy slowing down or recalibrating? Meanwhile, Big Oil companies are changing course on their decarbonisation strategies and approaches to addressing climate change. BP and Shell are pulling back from power and renewables and emphasising oil and gas investments instead, after pressure from investors. Are they adapting to market realities, or are they abandoning clean energy too soon? And what will their strategic shift mean for the rest of the industry and for the climate? Amy discusses the close ties between oil prices and capital flows into cleantech.Finally, there's no end to the debate around AI's evolving role in energy infrastructure. Electricity demand growth remains a dominant trend. The hyperscale data centre users, such as major tech firms, have emerged as key players in power demand. But trust issues persist between them and energy providers. The sector has a history of overestimating demand growth, leading to overbuilding. Are we in danger of going through that cycle all over again?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

For the first episode of 2025, Gerard and Laurent have the pleasure of welcoming Shanu Mathew. Shanu is a Senior Vice President at Lazard Asset Management and Portfolio Manager/Analyst on US Sustainable Equity.  We are going to analyse the performance of “Cleantech” Equities throughout 2024 and discuss what to expect for 2025. Let's be honest: 2024 was an annus horribilis for “Core” Cleantech with major indices (S&P Global Clean Energy Index) down 20%. But 2024 was also an exceptional year for “Periphery” (or adjacent) Cleantech with companies like Siemens Energy and GE Vernova being star performers.Why such a divergence between “Core” and “Periphery”? What fundamentals are sustaining such trends? Beside interest rates, political uncertainties, competition of China, there are some green shoots that certain segments have better captured than others.And of course, we are talking about load growth and the rise of datacenters. A rising tide lift all boats, and Core Cleantech having been so much slaughtered in recent years due to past excesses, we foresee a positive rebalancing in 2025.Overall, a very vast panorama of how the market values the future of the Energy Transition.

On this episode, Jason and Ron meet in-studio to discuss investment considerations and opportunities as it relates to potential outcome scenarios of the upcoming US election. They also spend time exchanging thoughts on the health of the US economy, the road ahead or monetary policy, and more. Featured is Jason Draho, Head of Asset Allocation Americas with the UBS Chief Investment Office, and Ron Temple, Chief Market Strategist with Lazard Asset Management. Host: Daniel Cassidy Recorded on Oct 17.

Jennifer Ryan is Head of North American Distribution at Lazard Asset Management.  She previously was Head of UK Institutional Sales at BlackRock and Head of the US Institutional Pensions at Blackrock, and started her career at Goldman Sachs.In our conversation we tackle the craft of fund distribution, and Jennifer highlights the importance of understanding client ecosystems, building trust, and adapting to evolving client needs. She stresses the significance of team-based approaches and mentorship in her success. Moving to the changing shape of the institutional landscape Jennifer notes the impact of market changes, such as the shift to private markets and the generational shift in CIOs, on client needs. We talk about the importance of honesty and transparency in client relationships and return to the oft-repeated themes of risk-taking and investing in networks.GCM Grosvenor is a global alternative asset management firm with a longstanding commitment to supporting small, emerging, and diverse investment managers. For over 30 years, the firm has developed expertise in funding and guiding these managers as part of its broader activity across alternative investments. With over $20 billion in AUM dedicated to small and emerging managers and $16 billion in AUM dedicated to diverse managers, GCM Grosvenorleverages its experienced team, broad network, and proprietary sourcing capabilities to support their success. Through the Small, Emerging, and Diverse Manager Program, the firm creates opportunities for investors to access a wide range of talent while seeking to drive strong returns and impact. For more information, visit www.gcmgrosvenor.com.

This month's episode focuses on the reasons for and benefits of investing in people, along with the opportunities and challenges that exist within this ever-evolving landscape. Featured are Amantia Muhedini, Sustainable & Impact Investing Strategist Americas with the UBS Chief Investment Office, and Jennifer Anderson, Head of ESG with Lazard Asset Management. Host: Daniel Cassidy

This month's episode focuses on the reasons for and benefits of investing in people, along with the opportunities and challenges that exist within this ever-evolving landscape. Featured are Amantia Muhedini, Sustainable & Impact Investing Strategist Americas with the UBS Chief Investment Office, and Jennifer Anderson, Head of ESG with Lazard Asset Management. Host: Daniel Cassidy

Tony Dote, just recently retired from a role of Managing Director at Lazard Asset Management, where he spent over 40 years, focused on business development with a particular focus on large institutional investors including public pension funds. He started his career in insurance and later investment consulting. Our conversation starts with Tony's upbringing in a large and close Italian family in his native Chicago. We learned about the bonds of family and community that were laid down there and how this later influenced the premium that he places on these features. Tony's career evolution charts the evolution of the industry – the development of the investment consultant value proposition and the evolution of institutional portfolios beyond stocks and bonds.  Over 40 years a tremendous amount has changed, and this is what Tony considers the only constant in the industry – change. He describes some high points and low points, and the relationships that have been central to his profound success in this area. This episode is supported by PIMCO, a global leader in active fixed income with deep expertise across public and private markets. PIMCO invests their clients' capital in income and credit opportunities that span the liquidity spectrum, leveraging their decades of experience navigating complex debt markets. Their flexible capital base and deep relationships with issuers have helped them become one of the world's largest providers of traditional and alternative investment solutions and a valued financing partner. Visit pimco.com to learn more.PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world.  

Jai Jacob has had a 25+ year career at Lazard Asset Management where he headed up the Quantitative, Alternatives and Multi-Asset Investment Group which oversaw c. $35 bn in AUM.  He is a member of the Board of Trustees of The National Jazz Museum in Harlem, New York, and plays the electric guitar.  We hear about his upbringing in Montreal, how he changed his major in college and ended up somewhat accidentally in finance and the serendipitous twists and turns that saw him develop a multi-asset competence.  Some of this came from his original back office experience, and we tie together the skillsets that both front and back office roles require.Pivoting then to discussing the multi-asset approach today, we discuss the individualization of investing – and how imprinting the personality of an institution (or an individual) on their investment portfolio is just a broader societal trend of customizing everything. We discuss the implications of this for portfolio construction, risk and how investment products are delivered. We move then to discuss some of Jai's many other interests – in particular Jazz, and his musical passion.  We talk about the evolution of this art form, where it sits in society today, and what we can learn from the perfection of a jazz solo. This episode is supported by PIMCO, a global leader in active fixed income with deep expertise across public and private markets. PIMCO invests their clients' capital in income and credit opportunities that span the liquidity spectrum, leveraging their decades of experience navigating complex debt markets. Their flexible capital base and deep relationships with issuers have helped them become one of the world's largest providers of traditional and alternative investment solutions and a valued financing partner. Visit pimco.com to learn more.PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world.

As we enter high summer here we come with some summer bounty here at Fiftyfaces Podcast as we launch Series 4 that is bursting with wisdom and insights. Because life is not linear, these stories are not linear either – and they stress the power of the individual. Hear from an introvert who found her calling in connecting with people in private wealth, a pensions expert whose entire career has been driven my members first, a legendary business builder and a private credit expert forging her own path. We start with asking about the arc of the investment world, then look to the evolution of private wealth and what matters, we talk about the development of institutional portfolios and how our work is changing, even though certain areas remain overlooked. Guest descriptions: Keri Findley, who is Chief Executive Officer of Tacora Capital, which focuses on Asset-Based Private Credit Opportunities in Specialty Finance and Insurance.  She was previously a partner at Third Point. Tony Dote, who just recently retired from a role of Managing Director at Lazard Asset Management, where he spent over 40 years. He started his career in insurance and then investment consulting. Jai Jacob, who recently ended a 25+ year career at Lazard Asset Management where he headed up the Quantitative, Alternatives and Multi-Asset Investment Group which oversaw c. $35 bn in AUM.  Penny Green who is finally retiring from the investment industry at the end of the month following an over 30-year career.   Jennifer Devine, who is Head of Wiltshire Pension Fund, and a thought leader in the field of sustainable investing. Kristina Blaschek, who is Director of Business and Technology within the Investment Management division of William Blair, based in Chicago. She started her career in investment banking, and is a member of the Board of Directors of the Auditorium Theatre. Jessica Karr, who is the founder and managing director of Coyote Ventures, an investment firm that focuses on backing founders who are solving problems that disproportionately affect overlooked populations with a foundation in women's health.  Ghiané Jones, who is Deputy CIO at the Teachers' Retirement System of the State of Illinois, where she is based in their Chicago office. She previously was Managping Principal at Meketa Investment Group, a role she held for over 6 years, and prior to that worked in a range of financial services roles including in institutional ETF Sales at Invesco and Northern Trust, and as a Regional Consultant at Goldman Sachs. Marguerita Cheng, is CEO of Blue Ocean Global Wealth, based in the Washington DC area, as well as being a Founding Member of Kiplinger Advisor Collective and The Authentic Asian. A keen runner, she was co-founder of 261 Fearless Incl, a global non-profit organization that uses running as a vehicle to empower and unit women, as well as Girls on the Run, where she is a Soulmate. She is a podcast host – of Margaritas with Rita, where she shares financial literacy and financial planning advice. Cary Carbonaro, who is an award-winning financial advisor, a women and wealth expert and a CFP board ambassador. She is currently senior vice president of Advisors Capital, where she was noted in the 2024 NASDAQ Advisor Council and as a Top Advisor in 2023 Investopedia. 

On Today's Episode – Mark welcomes in a friend, Jeffrey Madoff - we don't want to spoil the fun, tune in for the show! https://madoffproductions.com/ B. Jeffrey Madoff is the founder of Madoff Productions, based in New York City. His company collaborates with ad agencies, public relations firms, and directly with clients to produce commercials, branded content, and live-streaming events. Madoff began his career as a fashion designer. He was chosen one of the top 10 designers in the U.S. then switched careers to film and video production. Madoff edited and directed award-winning commercials, documentaries and web content around the world for clients such as Ralph Lauren, Victoria's Secret, Tiffany, Radio City, The American Academy of Dramatic Arts, Harvard University, Weill Cornell Medical College, Raymond James Investment Banking, and Lazard Asset Management.

Regulators are trying to clear the path to the grid that clean energy needs.To go from an electricity system based on coal and gas to one based on solar and wind, the US needs a very different power grid. On some estimates, annual installations of new transmission capacity need to double. To help build the grid that a new clean electricity system will need, the US Federal Energy Regulatory Commission has been working on regulatory reforms, intended to smooth the path for new investments in transmission lines. Ed Crooks is joined by Amy Myers-Jaffe of New York University and Shanu Mathew of Lazard Asset Management, to unpack the latest orders from FERC. What are the regulators trying to do, and why do some people object to their plans? And what will the proposed reforms mean for the energy transition in the electricity sector in the US? It has been a busy few weeks for big announcements in energy. A new round of tariffs on clean energy products from China was announced this month by President Biden, with rates of 100% on electric vehicles, 50% on solar modules, and 25% on lithium-ion batteries. The goal is to revive clean energy manufacturing in the US, but critics say the tariffs could be counter-productive, because they will drive up the cost of low-carbon technologies for American businesses and consumers.One important gauge of the state of the energy transition is the health of investment in low-carbon stocks. The news on that over the past couple of years has not been great. So what are the markets telling us about the future of clean energy? Shanu gives us his analysis, and joins Amy and Ed to debate investor sentiment and what it means. For more analysis and to keep up-to-date with everything that happens with the Energy Gang, sign up for the newsletter at woodmac.com/the-inside-trackSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The stock market has hit record highs, but we're also in a period of high interest rates and high inflation. What does that mean for your money? How and where do you invest in a volatile economy?  Our guest is stock market and asset management expert, Ed Long, Managing Principle of Avity, an investment management firm in Greenwich CT with over $1.5 billion in assets under management. With over a quarter of a century in managing both equities and bonds, Ed Long has also worked for U.S. Trust in Palm Beach, Florida, Lazard Asset Management in New York City, and Merrill Lynch Asset Management Group. 

Lazard Asset Management's Head of Financial Institutions Group, Jen Abate, sat down with Morningstar to discuss the future of investments, the status of intermediary business, and how a solutions-first approach is the foundation of good, long-term client relationships. In this episode:The ever-changing face of the finance industryThe crucial role of solution-focused asset managementThe importance of infrastructure investment You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts.Additional resources:Read a summary of this episode: https://www.morningstar.com/business/insights/blog/podcast/big-picture-in-practice/investment-solutions-future-of-financeCatch up on previous episodes: https://www.morningstar.com/views/podcasts/big-picture-in-practiceSubscribe to our newsletter: https://www.morningstar.com/business/insights/research/big-picture-in-practice-newsletterQuestions or ideas? Email us at bigpictureinpractice@morningstar.com.

Featuring: Rebecca Choong Wilkins, Bloomberg Asia Government & Politics Correspondent, joins the program to discuss China's growth target and other announcements coming out of the National People's Congress. Robert Lea, Bloomberg Intelligence Senior Analyst, takes a look how AI and technology will be ruled on at China's NPC meeting, and how it will influence China's economy. Ron Temple, Chief Market Strategist at Lazard Asset Management, sits down with us to share his perspective on APAC markets and China's market outlook.   Subscribe and rate our podcast here:Apple: https://podcasts.apple.com/us/podcast/bloomberg-daybreak-asia/id1663863437Spotify: https://open.spotify.com/show/0Ccfge70zthAgVfm0NVw1bTuneIn: https://tunein.com/podcasts/Asian-Talk/Bloomberg-Daybreak-Asia-Edition-p247557/?lang=es-es See omnystudio.com/listener for privacy information.

The transition from traditional investment in energy production to renewable energy represents a significant shift in addressing climate change challenges.To help us understand the intricacies of investing in renewables and utility-scale battery energy storage systems, I am joined by Ben Guest, the Managing Director of Gresham House New Energy Division.Ben has over 29 years of investment experience that spans the investment spectrum across infrastructure, technology, public equities, and venture capital asset classes.He has been a pioneer investor in battery energy storage systems since the early development days of the sector.Ben's upbringing was truly global, with parents from Argentina and Africa, leading to diverse educational experiences in France, Japan, Sweden, and the UK.  He holds a BEng in Mechanical Engineering from Imperial College.Beginning his fund management career in 1994 at Lazard Asset Management, Ben later founded Hazel Capital in 2007. The acquisition of Hazel Capital in 2017 transformed it into Gresham House New Energy Division, where Ben manages substantial assets, including the Gresham House Energy Storage Fund Plc.The conversation delves into Ben's expertise—in the renewable energy sector, particularly battery energy storage systems. He discusses the challenges of real-time supply and demand balancing, highlighting the vital role batteries can play in not only stabilizing the grid but also providing the key to transitioning the electrical grid to predominately renewable energy.Ben breaks down the complexities of battery energy storage systems revenue models, addressing challenges posed by supply and demand fluctuations. He also shares his thoughts on the future of renewable energy infrastructure, emphasizing sustainability, carbon emissions reduction through battery energy storage systems, and the evolving landscape of the energy transition.I hope you enjoy my conversation with Ben as much as I did!Show notes: https://sri360.com/podcast/ben-guest/ About the SRI 360° Podcast: The SRI 360° Podcast is focused exclusively on sustainable & responsible investing. In each episode, I interview a world-class investor who is an accomplished practitioner from all asset classes.Connect with SRI360°:Sign up for the free weekly email updateVisit the SRI360° PODCASTVisit the SRI360° WEBSITEFollow SRI360° on X/TwitterFollow SRI360° on FACEBOOK Key TakeawaysIntro (00:00)Ben Guest's background and career path (02:24)The shift from traditional to sustainable energy investments (15:24)The role of battery storage in renewable energy (38:32)Energy trading and battery management (47:22)Assembling project rights for energy storage infrastructure (52:23)Renewable energy investments and impact metrics (59:55)Primary investors at Gresham House (01:05:58)Risks facing battery energy storage systems investments (01:10:18)Challenges around battery production and usage (01:15:10)Additional ResourcesBen Guest's LinkedInGresham HouseGresham House New EnergyLazard Asset ManagementHazel Capital InvestmentCantillon Capital Management LLP

Ist der Inflationsrückgang nachhaltig? Wie viel Zeit benötigt die restriktive Geldpolitik, um ihre volle Wirkung zu zeigen? Die kritischen Fragen bleiben. Doch das Bild klart sich auf. Es gibt handfeste Gründe, die für mehr Optimismus an den Anlagemärkten sprechen. Die besten Aktienphasen waren in der Vergangenheit stets die Zinssenkungsphasen, die ohne eine tiefe Rezession einhergingen. Werner Krämer, Chefökonom bei Lazard Asset Management, erläutert, warum 2024 ein gutes Aktienjahr werden könnte. Jetzt Aktien kaufen? Was tun bei Inflation und steigenden Zinsen? Wie tickt die Wirtschaft? Ihr interessiert Euch auch für alle Themen rund ums Geld? Dann ist unser neuer Podcast FOCUS-MONEY Talks garantiert etwas für Euch. Einmal pro Woche nimmt Euch die Wirtschaftsredakteurin Heike Bangert mit in die faszinierende Welt der Kapitalmärkte. FOCUS MONEY Talks findet Ihr überall da, wo es Podcasts gibt.

On the podcast today, Rusty Vanneman and Robyn Murray are joined by Ron Temple. Ronald Temple is the Chief Market Strategist for Lazard's Financial Advisory and Asset Management businesses. In this role, Ron provides macroeconomic and market perspectives to Lazard's investment teams on a firm wide basis and works closely with Lazard's Geopolitical Advisory group to assess economic and market implications of key geopolitical issues globally. Ron also advises clients of Lazard's Asset Management businesses regarding macroeconomic and market considerations that are important to achieving their objectives.Ron has an MPP from Harvard University and graduated magna cum laude with a BA in Economics & Public Policy from Duke University. He is a member of the Council on Foreign Relations, The Bretton Woods Committee, the Economic Club of New York, the CFA Society New York and is the chair of Duke University's Graduate School Board of Visitors.Key Takeaways[02:33] - Ron's professional background and what drives him.[04:05] - How do Ron's extracurricular involvements inform his work at Lazard?[05:50] - For advisors and clients looking at their year end reports, what is Ron's guidance on how to consider 2023? What were some of the key highlights of last year and how should investors consider their portfolio performance considering the state of the  2023 market?[07:40] - What is Ron's outlook on inflation and how might this affect both short-term and long-term interest rates?[12:00] - What's Ron's current thinking about economic growth?[15:20] - How might corporate earnings look in 2024?[16:58] - What will be the catalyst for small cap stocks to finally outperform?[19:25] - How should investors be thinking about  non-US markets in both developed and emerging markets?[25:00] - What are some of the major risks to Ron's overall economic outlook?[31:15] - What were some of the highlights of Ron's recent report on “Top Geopolitical Trends in 2024?”[35:50] - How should investors be thinking about Artificial Intelligence and Biotech?[39:41] - What is currently Ron's favorite investment idea for 2024?Quotes[09:38] - "There are two things to know about The Zillow Index. Number one - it only tracks asking rents, not what people agree to pay, so it tends to overstate rent inflation. Number two - it only tracks new leases, it does not include renewals, so it probably overstates the volatility of rent inflation…and number three, because of those factors, it tends to lead the CPI by a year.” ~ Ron Temple[28:55] - "This is a year where the geopolitics are really important. I know the average American does not wake up every day fretting over whether NATO is going to be fine, but you know what, maybe we should be…These things do determine the long-term trajectory of peace and stability, and I think that matters. ” ~ Ron TempleLinksRon Temple on LinkedIn“Don't Stop” by Fleetwood MacTop Geopolitical Trends in 2024An Immense World by Ed YongLazard Asset ManagementConnect with UsMeet Rusty Vanneman, Orion's Chief Investment OfficerCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 0266-OPS-2/5/2024Disclosure(s)Orion Portfolio Solutions, LLC, an Orion Company, is a registered investment advisor.

As part of Livewire's Outlook Series for 2024, James Marlay and Ally Selby challenged 12 of Australia's most successful investors to each name one company that brings that “sleep at night” assurance so many of us are seeking right now. In many cases, their responses yielded well-known stalwarts of the investment world, including names in listed property, infrastructure and materials. But a couple of smaller companies, including those in technology, were also in the mix. Our featured fund managers include (in order of appearance):  Matthew Kidman, Centennial Asset Management  Matthew Haupt, Wilson Asset Management  Emma Fisher, Airlie Funds Management  Chris Stott, 1851 Capital  Joel Fleming, Yarra Capital Management  Vihari Ross, Antipodes  Marc Whittaker, IML  Francyne Mu, Franklin Templeton  Bob Desmond, Claremont Global  Daniel Sullivan, Janus Henderson  Mary Manning, Alphinity Investment Management  Dr Philipp Hofflin, Lazard Asset Management    Note: The information provided is not intended to be a recommendation. Please do your own research and seek advice from a professional before making any investment decisions. Past performance is not a reliable indicator of future returns. These interviews were filmed on Tuesday, 12 December 2023. You can read an edited transcript below:  https://www.livewiremarkets.com/wires/14-stocks-to-help-you-sleep-at-night 

In this episode of Guiding Assets, host Mike Wallberg, CFA, is joined by Dan McGoey, CFA, a portfolio manager and analyst on the multi-asset investment team at Lazard Asset Management. They discuss real assets, which are companies or businesses with high-cost investments and long useful lives, such as those in the real estate and infrastructure sectors. They also explore different ways to invest in real assets, including through direct investment or listed securities. Tune in to learn more about real assets and Dan's experience investing in Latin America.

Given the wide swath of ESG and sustainability topics, breaking into the industry and navigating a career in the field and finding a niche often leaves people with many unanswered questions. On this episode of the ESG Currents podcast, Nikita Singhal, co-head of sustainable investment & ESG at Lazard Asset Management, joins Bloomberg Intelligence analyst Shaheen Contractor to discuss key required skills, gaps and how one can navigate a career in ESG at different stages — breaking into the industry, midcareer transitions and seasoned professionals expanding skillsets.  This was recorded on Oct. 24.See omnystudio.com/listener for privacy information.

In this episode of the ESG Insider podcast, we sit down with Nikita Singhal on the sidelines of The Nest Climate Campus at Climate Week NYC.   Nikita is Managing Director and Co-Head of Sustainable Investment and ESG at Lazard Asset Management, a global asset manager with more than $200 billion in assets under management. She was also a speaker at the event S&P Global Sustainable1 hosted during Climate Week NYC.   In the interview, Nikita talks about the need to break out of silos to connect the dots between different types of stakeholders, like economists, the finance community and climate scientists.   “Economists are building climate risk models and trying to build it into using econometric tools, but often they may be divorced from the reality of the science,” she says. "Connecting conversations across silos from science to economics to finance to data is extremely important.”  She also highlights the need to balance environmental and social goals — or the idea that credible energy transition plans must also account for the impact on people and communities.   “I grew up in Thailand and India, and I was very conscious growing up of the inherent trade-offs between environmental and social goals,” Nikita tells us. "A lot of countries in emerging markets such as India still have a long way to go in terms of socioeconomic development.”  Find prior episodes for Climate Week NYC here:   PRI CEO talks Asia's critical role in reaching net-zero, Climate Week takeaways: https://www.spglobal.com/esg/podcasts/pri-ceo-talks-asia-s-critical-role-in-reaching-net-zero-climate-week-takeaways    Unpacking government's role in catalyzing low-carbon solutions: https://www.spglobal.com/esg/podcasts/unpacking-government-s-role-in-catalyzing-low-carbon-solutions    At Climate Week NYC, seeking solutions at the nexus of climate, water and social issues: https://www.spglobal.com/esg/podcasts/at-climate-week-nyc-seeking-solutions-at-the-nexus-of-climate-water-and-social-issues   At Climate Week NYC, using collaboration to tackle supply chain emissions: https://www.spglobal.com/esg/podcasts/at-climate-week-nyc-using-collaboration-to-tackle-supply-chain-emissions   On the ground at Climate Week NYC: The challenge of Scope 3 emissions: https://www.spglobal.com/esg/podcasts/on-the-ground-at-climate-week-nyc-the-challenge-of-scope-3-emissions    What to expect from Climate Week NYC:  https://www.spglobal.com/esg/podcasts/what-to-expect-from-climate-week-nyc-2023   This piece was published by S&P Global Sustainable1, a part of S&P Global.   Copyright ©2023 by S&P Global  DISCLAIMER  By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. 

The market and economic backdrop is making diversification in a global equity allocation difficult. Market cap indices are narrower than any time in history, as the market and active managers flock to the mega caps perceived as logical winners from the AI revolution. As markets become narrow and expensive, core, growth and quality portfolios are converging. This presents risks for many portfolios but a great opportunity for valuation-focused investors. While headline multiples are demanding, there remains opportunities in predictable earnings and forecastable cashflow generators that are being overlooked. As valuation and concentration risks rise, doing nothing is no longer an option, particularly when not everything carries the same risks. - Warryn Robertson, Lazard Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Are you interested in achieving outperformance by investing in high quality global stocks? With that in mind, welcome to episode forty-nine of the Investing Matters series with me Peter Higgins @conkers3 on Twitter. As I speak with with over 30 years investment industry expert, Gabrielle Boyle, the Investment Director, Head of Research and Fund Manager at Troy Asset Management who has done precisely that, even to the extent of outperforming Nick Train's, Lindsell Train Global Equity Fund on a total returns' basis over the past 10 years. Gabrielle, graduated from University College Dublin gaining a BA. (Honours Degree) in History and Economics and then attained her Master's Degree in Economics. Afterwards she “literally sent hundreds of applications” and eventually Gabrielle gained her first job working for Royal Insurance Asset Management arm. Where she amassed a fantastic grounding across many of the major investment, asset classes and sectors. Gabrielle then worked at Lazard Asset Management for 17 years where you attained the position of Senior Managing Director and was responsible for Global and European portfolios. Followed by a briefly spell with spell with NewSmith Capital Partners. In late 2011 Gabrielle joined Troy Assessment Management and was given control of the then £59 million Trojan Capital fund from Sebastian Lyon and Francis Brooke. Now known as the Trojan Global Equity Fund it is as of July 2023 a circa £463 million fund, having achieved significant success under Gabrielle's stewardship. Please listen now as how Gabrielle Boyle has outperformed lots of her Fund Manager peers, gain an insight and overview into the winning methodology, philosophy and strategies of Troy Assessment Management, the Trojan Global Equity Fund and the Electric and General Investment Fund. The importance of finding adaptable, resilient compounding long-term winners, ESG, Tech, Fintech, the privilege and responsibility of looking after investors capital. Find out how Troy AM are supporting charities, Gabrielle's Trustee role with the Charity, Launch It and her significant involvement and passion for the charity called GAIN (Girls Are Investors). Why reading is a gift, the incredible power of compounding outstanding investment returns. The competitive advantage of working in a small team, the high hurdle rate of stock selection. Stocks discussed include, Alphabet/Google, Meta, Fiserve, RELX, Experian and more. We hope you enjoy this podcast, and we look forward to hearing your feedback. Please subscribe to this podcast on your platform of choice and follow the @InvMattPodcast on Twitter.

We touch on regulatory and legislative actions within Europe aimed at sustainability, notably as it relates to final ESG disclosure rules under the Corporate Sustainability Reporting Directive (or CRSD), along with the global investment implications surrounding the Nature Restoration Law. Featured are Amantia Muhedini, Sustainable & Impact Investing Strategist Americas with the UBS Chief Investment Officer, and Nikita Singhal, Co-Head of Sustainable Investment & ESG at Lazard Asset Management. Host: Daniel Cassidy

We touch on regulatory and legislative actions within Europe aimed at sustainability, notably as it relates to final ESG disclosure rules under the Corporate Sustainability Reporting Directive (or CRSD), along with the global investment implications surrounding the Nature Restoration Law. Featured are Amantia Muhedini, Sustainable & Impact Investing Strategist Americas with the UBS Chief Investment Officer, and Nikita Singhal, Co-Head of Sustainable Investment & ESG at Lazard Asset Management. Host: Daniel Cassidy

It's a little over a year since the US Inflation Reduction Act was passed into law. Solar was one of the main beneficiaries, thanks to an extension and expansion of the tax credits available to the industry. So why has the sector fallen out of favour with investors recently?August was a difficult month for the markets in general, but companies including First Solar, Sunrun, Sunpower and Sunnova (who have been featured on our sister podcast The Interchange) have had it particularly rough. To look into what's going on, host Ed Crooks is joined by two of our regular finance and investment experts: Shanu Mathew, of Lazard Asset Management, and Amy Myers-Jaffe, of NYU's Energy, Climate Justice and Sustainability Lab. Together, look at the residential and utility-scale solar markets and the investment going into them, the US perspective against a global investment backdrop, and the long-term prospects for solar.Also in this show: what went wrong at Proterra? Proterra was an electric bus and battery company championed by President Biden as an example of how the US could build a manufacturing base in cleantech, but it filed for bankruptcy in early August. What does its failure tell us about the future of electric vehicles? And how do these challenges facing two key sectors, solar and EVs, change our perceptions of the clean energy transition? Finally, ESG investing is in the spotlight again. Larry Fink, CEO of Blackrock – one of the world's biggest asset management firms – said recently that he “doesn't use the word ESG any more, because it's been entirely weaponised...by the far left and weaponised by the far right.” Republican politicians in the US have attacked ESG as “a direct threat to the American economy, individual economic freedom, and our way of life.” Some statistics have suggested that interest in ESG investing has been waning from its high point in 2021. Amy says the capital is still flowing into clean energy, but investors need to “pick the right team, the right technology, the right management.” Shanu argues that the trends still support moves towards increased sustainability and the use of environmental, social and governance factors in investment decisions. ESG may not be a buzz-word any more, at least not in a positive sense. But the ideas that lie behind it can still be useful.Follow the conversation on X, the platform we know as Twitter – we're @theenergygang. And subscribe to the show so you don't miss an episode. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episode Notes Bruce takes the pod solo as he speaks to Peter Nesvold of Republic Capital Group, an investment banker, teacher and author. Peter talks about recent deals Republic Capital has been involved in, the current premium on getting into the wealth management business, and his overall sense of the marketplace now. Guest Bio: Peter Nesvold, a lawyer, CFA and CPA by background, is a multi-disciplinary finance executive with 25 years of Wall Street experience in the asset and wealth management industries. He is a partner at Republic Capital Group and the founder of Nesvold Capital Partners (NCP). Peter cut his teeth as a sell-side equity research analyst, rising to senior managing director at Bear Stearns in less than six years. Over the course of his sell-side career, Peter covered more than 50 companies and ranked in StarMine's “Best Analysts” poll across three industries. This versatility carried over to Peter's role as a portfolio manager/analyst at Lazard Asset Management, where he was one of three managers of the firm's SMid-cap product. During his tenure, the team grew AUM more than tenfold and earned Morningstar's coveted “five-star” rating. In 2013, Peter became Managing Director and COO of Silver Lane Advisors, a premier investment banking boutique specializing in the asset and wealth management industries. In this role, he managed business development and institutionalized the firm's business practices to support its exponential growth (i.e., revenues grew sixfold in seven years, firm was ranked #1 by deal volume in its vertical). In April 2019, Raymond James acquired Silver Lane and Peter subsequently departed to launch NCP, through which he acquired a substantial stake in Republic Capital, in addition to minority stakes in Stratos Wealth ($23bn AUM) and Pure Financial ($4bn AUM). Outside of work, Peter is an adjunct professor of corporate finance at Fordham and a fellow at the Gabelli Center for Global Security Analysis. He has published four books on M&A with McGraw-Hill and serves on the Board of Directors of Stratos Wealth and the Hampton Jitney (the iconic luxury motor coach carrier connecting Manhattan and the Hamptons). He previously served on the Board of Directors of the CFA Society New York (the largest CFA society globally with approximately 11,000 members) and served as a Business Advisory Director to ACT Research (a leading publisher of commercial vehicle industry data, analysis, and forecasting services). Peter graduated from the University of Pennsylvania (B.A., Economics with a concentration equivalency in accounting from The Wharton School) and Fordham Law (cum laude, Order of the Coif), where he was elected Editor-in-Chief of his law journal. He was previously a competitive long-distance runner, completing 19 full marathons. As one of the industry's largest and most experienced asset managers, we offer a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors. By operating our business through clients' eyes, and putting them at the center of our decisions, we aim to deliver exceptional experiences to investors and the financial professionals who serve them.

Von einer düsteren Marktstimmung zu Beginn des Jahres bis hin zur DAX-Rally und dem historischen Höchststand japanischer Aktien seit 1990 – in der neuesten Episode von “Krämer konkret”, teilt Chefvolkswirt Werner Krämer von Lazard Asset Management seine Einschätzung zu den irritierenden Marktentwicklungen. Erfahren Sie außerdem, wie das Lazard Patrimoine-Team durch negative Durationen auf der Rentenseite eine starke Outperformance gegenüber dem Markt im letzten Jahr erzielen konnte.

Nikita Singhal is Co-Head of Sustainable Investment & ESG at Lazard Asset Management, a $234.6 billion global asset management firm. She oversees the firm's Sustainable Investment and ESG Integration strategy, leads client engagements and thought leadership on ESG topics. Nikita has been working in the field of sustainable investing for over 14 years at institutions such as IFC (World Bank Group), the Heron Foundation, and ClearBridge Investments. Guided by a core belief in the power of business enterprises to drive positive change in the world, Singhal and I begin this Sustainable Finance Podcast (SFP) episode by focusing on the following question – Is ESG built for purpose?

Bruce takes the pod solo as he speaks to Peter Nesvold of Republic Capital Group, an investment banker, teacher and author. Peter talks about recent deals Republic Capital has been involved in, the current premium on getting into the wealth management business, and his overall sense of the marketplace now. Guest Bio:Peter Nesvold, a lawyer, CFA and CPA by background, is a multi-disciplinary finance executive with 25 years of Wall Street experience in the asset and wealth management industries. He is a partner at Republic Capital Group and the founder of Nesvold Capital Partners (NCP).Peter cut his teeth as a sell-side equity research analyst, rising to senior managing director at Bear Stearns in less than six years. Over the course of his sell-side career, Peter covered more than 50 companies and ranked in StarMine's “Best Analysts” poll across three industries. This versatility carried over to Peter's role as a portfolio manager/analyst at Lazard Asset Management, where he was one of three managers of the firm's SMid-cap product. During his tenure, the team grew AUM more than tenfold and earned Morningstar's coveted “five-star” rating.In 2013, Peter became Managing Director and COO of Silver Lane Advisors, a premier investment banking boutique specializing in the asset and wealth management industries. In this role, he managed business development and institutionalized the firm's business practices to support its exponential growth (i.e., revenues grew sixfold in seven years, firm was ranked #1 by deal volume in its vertical). In April 2019, Raymond James acquired Silver Lane and Peter subsequently departed to launch NCP, through which he acquired a substantial stake in Republic Capital, in addition to minority stakes in Stratos Wealth ($23bn AUM) and Pure Financial ($4bn AUM).Outside of work, Peter is an adjunct professor of corporate finance at Fordham and a fellow at the Gabelli Center for Global Security Analysis. He has published four books on M&A with McGraw-Hill and serves on the Board of Directors of Stratos Wealth and the Hampton Jitney (the iconic luxury motor coach carrier connecting Manhattan and the Hamptons). He previously served on the Board of Directors of the CFA Society New York (the largest CFA society globally with approximately 11,000 members) and served as a Business Advisory Director to ACT Research (a leading publisher of commercial vehicle industry data, analysis, and forecasting services).Peter graduated from the University of Pennsylvania (B.A., Economics with a concentration equivalency in accounting from The Wharton School) and Fordham Law (cum laude, Order of the Coif), where he was elected Editor-in-Chief of his law journal. He was previously a competitive long-distance runner, completing 19 full marathons.

It has been a turbulent month in the financial sector, which could have big implications for the world of energy. Mobilising capital is vital for achieving international goals to curb greenhouse gas emissions and to adapt to the impacts of global warming. As the global banking system shudders from the blow of Silicon Valley Bank collapsing, is long-term climate investment being pushed further to the fringes of the agenda? The latest Assessment Report from the IPCC has delivered what's been called a “final warning” on limiting global warming to 1 .5 degrees C, saying we are on course for about 3.2 degrees C of warming by the end of the century. The report, which aims to bring together and summarise the state of the world's scientific knowledge on climate change, warns that flows of investment, especially to developing countries, “fall short of the levels needed for adaptation and to achieve mitigation goals across all sectors and regions.” As we learn more about the climate crisis, are we heading for another financial crisis, too? Clean energy share prices have been falling on concerns that the sector will be hit by the collapse of Silicon Valley Bank. Meanwhile, President Biden has used his first veto to protect a government regulation that seeks to encourage the use of ESG (environmental, social and governance) factors in investment decision. The Republicans are leading the charge against ESG investing, arguing that “woke Wall Street” is putting investors' money at risk. On the show today: Ed Crooks is joined by Dr Melissa Lott from Columbia University, and Shanu Matthew of Lazard Asset Management, to analyse the financial storm we've seen brewing in the past few weeks. What exactly has been going on in the banking system? What are the implications for clean energy as the economic clouds are gathering? Rising interest rates are a big contributor to pressure on the banking system, and also have implications for renewables. The gang then get on to the ESG backlash: is it real, and what does it mean for investors and for clean energy companies that need capital? Finally, they review the IPCC report: although the problems it sets out look dire, there are solutions, and Melissa and Shanu have some ideas for how to make them happen. Follow us on Twitter – we're @theenergygangSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How do you measure the impact of net zero targets and climate change on large corporations? Step forward Shanu Mathew.Shanu is Senior Vice President, Portfolio Manager/Analyst - US Sustainable Equity at Lazard Asset Management.Nick and Shanu get into how to catch the inflection points in innovation and rapid growth in markets, how these impact climate tech investments, and what role ESG and other investment analysis frameworks will play in years to come.Plus, you'll hear why Nick and Shanu believe we can be optimistic about systems level changes that will improve the world.If you love listening to The Keep Cool Show, please leave me a 5-star review on Rate My Podcast: https://ratethispodcast.com/keepcoolThank you so much!Follow Shanu:LinkedIn: https://www.linkedin.com/in/shanugmathew/Twitter: https://twitter.com/ShanuMathew93Stay up-to-date on all things Keep Cool: https://workweek.com/discover-newsletters/keep-cool/ or follow Nick Van Osdol on Twitter: https://twitter.com/nickvanosdol

Disinflation has begun in the United States and will soon in Europe, but cutting inflation from 4% to 2% will be tougher than from 6% to 4%. Even after the near-term battle has been won, the probability of structurally higher inflation across developed economies has increased, and monetary policy responses are likely to diverge meaningfully. To navigate this transition's VUCA, investors will need to leverage the experience of past decades while also humbly contemplating an uncertain outlook. The winning investment playbook will no longer depend solely on macro factors and asset allocation but will also require fundamentally driven security selection to drive returns. Compared to any post-WWII period, this time really is different! - Listen to Lazard's Ronald Temple and earn 0.50 CE/CPD hrs on Portfolio Construction Forum

In this podcast, Ryan speaks with the Chief Market Strategist of Lazard Asset Management, Ron Temple. Lazard is a global investment powerhouse, and financial advisory business responsible for managing over $200B in USD terms. Ron brings a tremendous amount of thought leadership and an invaluable amount of knowledge in markets. This includes a unique perspective on global conflict and geopolitics given his involvement in Lazard's Geopolitical Advisory Committee. Ron regularly consults with Government, institutions, and Fortune 500 CEOs. We cover a lot in this session. Inflation, monetary policy, recession, geopolitics, supply chains, corporate earnings, and where to find relative value.Ron provides his perspective on key risks that are not being adequately priced in markets, such as the reality that inflation may remain structurally higher than in previous decades. Driven by fractured geopolitical relationships, climate change and other long-term thematic drivers. He also points to attractive shorter-duration assets across debt, equities, and explains the potential benefits of positioning conservatively in this environment, exploiting pockets of opportunity as they arise.Disclaimer:The information in this podcast series is for general financial educational purposes only, should not be considered financial advice and is only intended for wholesale clients. That means the information does not consider your objectives, financial situation or needs. You should consider if the information is appropriate for you and your needs. You should always consult your trusted licensed professional adviser before making any investment decision.Disclaimer: The information in this podcast series is for general financial educational purposes only, should not be considered financial advice and is only intended for wholesale clients. That means the information does not consider your objectives, financial situation or needs. You should consider if the information is appropriate for you and your needs. You should always consult your trusted licensed professional adviser before making any investment decision.

As the US starts to consider more aggressive interest rate rises, we talk about where the US economy is headed, how it could impact global growth, and where the investment opportunities may be, with Ron Temple (Chief Market Strategist at Lazard Asset Management) and Will Hobbs (Chief Investment Officer). To learn more about investing and managing your money, subscribe to our monthly podcast series Barclays UK Money Plan: @user-222972786 or on Apple Podcasts (https://podcasts.apple.com/gb/podcast/barclays-uk-personal-finance/id1553797826) To find out about starting your investment journey with Barclays, visit www.barclays.co.uk/investments You can also follow us on LinkedIn for more Barclays investment updates - https://www.linkedin.com/showcase/barclays-digital-investments/ And for Barclays Wealth Management updates - https://www.linkedin.com/company/barclays-wealth-and-investment-management/

We've got a slightly different episode for you today on The Rules of Investing. A departure from the norm! A lot has been said about the change from growth investing to value investing. This shift has been easy to see in aggregate. In 2022, the MSCI world growth index was down 29.05%, compared to just -6.5% for the MSCI Value index. But indices are just that - aggregates. They do little to explain the why behind the what.  Why has this shift occurred? What signals should investors watch? How should we interpret these signals? And what traps lie in weight to catch out investors? In short - how does the stock market actually work? To answer these questions and more, we're joined by Dr Philipp Hofflin, Portfolio Manager on the Australian Equity Team at Lazard Asset Management. Phil's an expert in market bubbles - how they grow and, importantly, how they burst. So he's the perfect guest to break it all down.  (He also happened to be the most popular ROI guest in 2022).   Note: This episode was recorded on Monday January 30, 2023.  Timestamps 3:20 – “The central bank always wins” 5:15 – The most striking US market change since last September 8:00 – Why 2023 will be a tough year, but less so for Australia 10:30 – Recessions are almost always unexpected – and what this means for investors 11:00 ­– Will the Fed's slowing of rate hikes flow onto RBA 14:00 – The normalisation of equity valuations is only halfway through 17:00 – 80% of market volatility is driven by noise – only 20% by fundamentals 28:30 – The surprising reason Value always beats Growth 36:00 – Why migrations are so important for Value portfolios 39:00 – How Lazard ascribes value to companies 42:00 – A case study of James Hardie (ASX: JHX)  

We've got a bit of a different episode for you today, which I think you'll enjoy. A lot has been said about the change from growth investing to value investing.   This shift has been easy to see in aggregate. In 2022, the MSCI world growth index was down 29.05%, compared to just -6.5% for the MSCI Value index.   But why has this shift occurred?  What signals are investors watching. How should we interpret these signals, and what traps lie in weight to catch out investors? To answer these questions and more, I'm joined by Dr Philipp Hofflin, Portfolio Manager on the Australian Equity Team at Lazard Asset Management.

Entdecken Sie die lukrativen Möglichkeiten im High-Yield-Markt der nordischen Länder. Dieser ist sehr spezifisch, aber bietet große Chancen. Selbst ein erfahrener Player wie Lazard Asset Management kann dem Markt nicht widerstehen und erkennt sein vorhandenes Potenzial. Von hohen Renditen ohne Zinsänderungsrisiko über eine starke Rechtssicherheit und vieles mehr. Chefvolkswirt Werner Krämer gibt einen Markteinblick.

It's well known that we're experiencing an inflation paradigm shift - but investors underestimate the inflationary effects of high shelter and labour costs in the short run, and of supply chain reconfiguration and climate change mitigation in the long run. Portfolio construction practitioners should brace for more market volatility in 2023 and orient portfolios to resilient fixed income and equity securities. Within alternatives, private equity faces a period of lower returns and increased macro dispersion, however inflation will benefit hedge fund and infrastructure managers. - Lazard's Ron Temple on Portfolio Construction Forum.

Portfolio construction practitioners have access to an ever-expanding array of investment research, strategies and tools. Yet the obstacles to meeting clients' long-term financial goals are equally numerous and challenging, especially when the future ain't what it used to be! In an environment of high inflation, tightening monetary policy and heightened economic uncertainty, practitioners must remain open-minded and continuously challenge their portfolio construction beliefs, techniques and tools. This session addressed three contemporary portfolio construction issues: We must use a risk-based framework for portfolio design; The value rotation has just begun; and, ESG ratings undervalue climate solutions. - Watch Philipp Hofflin, Michael Furey, Michael Salvatico and David Wright on Portfolio Construction Forum and earn 0.75 CE/CPD hrs

Nikita Singhal, Co-Head of Sustainable Investment and ESG, at Lazard Asset Management, discusses ESG/COP 27. She spoke with hosts Doug Krizner and Rishaad Salamat on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

We continue our Financing the Energy Transition series with Nikita Singhal, Managing Director and Co-Head of Sustainable Investment & ESG at Lazard Asset Management. SmarterMarkets™ host David Greely sits down with Nikita to discuss her approach to ESG investing and building investment strategies in public equities.

With just a few days until world leaders and policy makers meet in Egypt for COP27, two returning Energy Gang members join host Ed Crooks to discuss what is expected from the latest round of international climate talks.As the UN warns that there is “no credible pathway” in place to limit global warming to 1.5 °C, arguments about climate justice are rising up the agenda for international negotiations. Amy Duffuor of Azolla Ventures, and Shanu Mathew of Lazard Asset Management, kick off the discussion by explaining the idea of climate justice, and then go on to explore what it means for the future of energy. Although it might seem like quite an abstract concept, considerations of climate justice can in fact have direct practical significance for decisions by businesses, investors, governments and NGOs. The gang discusses some of those implications, and looks at how they could shape the effort to tackle climate change in the future.Next, we shift our focus to the shipping industry, a large and growing contributor to global warming. Marine fuel represents about 6 percent of the world's oil demand, and that number continues to rise. The gang discusses the pros and cons of some of the main options proposed for decarbonizing ships, including low-carbon ammonia, methanol and hydrogen.As always, check out our Twitter to let us know your thoughts and any future topics you want us to discuss. We're @TheEnergyGang. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

When markets crash sharply, as they did earlier this year, it can be a mistake to assume that as soon as the falls peter out, the market will then naturally recover.  Sure, this sometimes happens. The crash of 87, the global financial crisis, and COVID are all examples where the market went into freefall fall once, more or less, before recovering.  But here's the thing. Just because the market has sold off and since recovered some, that's no guarantee the market is in recovery mode. Markets, sectors and individual stocks can go down, stabilise, then go down again. While picking the bottom might be a mug's game, you're not going to go into high gear and invest if you think there's further broad based losses on the way.  This is where today's guest comes in. Dr Philipp Hofflin, Portfolio Manager at Lazard Asset Management, is an expert in market bubbles and what happens after them. And it's not as cut and dry as you might think.    In this episode, Phil discusses:  his learnings from Jackson Hole and where we are in the rate cycle; the difference between Australia and the US when it comes to interest rate sensitivity; why some stocks are now attractive while others have further to fall; how he values the energy sector, and  what sectors and stocks are attractively priced.  

The prophets of doom are blowing their recession horns. Accordingly, investors want to hold assets that can be bulwarks against whatever's driving recession - that being inflation in today's case. And that's what today's edition of The Rules of Investing is all about. Livewire's James Marlay sat down with Warryn Robertson, who is a portfolio manager and analyst at Lazard Asset Management. Warryn's responsible for managing the Global Equity Franchise Strategy as well as Lazard's well-known Global Listed Infrastructure Fund - which has roughly $20 billion under the hood.  Today's episode will focus on infrastructure - a topic we know is front of mind for our readers. In our recent survey infrastructure ranked third as the asset class they're most likely to increasing exposure to over the next 12 months.  Warren founded the infrastructure strategy back in 2005 and it has returned 10.7% per annum since then.  You'll hear why infrastructure is "the best inflation protection you can get".  But don't go running off to market before pressing play on this episode - as it can't be just any old infrastructure.  He also explains how Lazard value their assets, the key thing the whole investment industry missed during COVID, the increasing trend towards privatisation of infrastructure and a near monopoly asset that he believes offers compelling value.  This episode was recorded on June 23, 2022. 

Today, we're following the money. Where does investment go in order to build a zero-carbon future? Where does the money get used, and where does it not?This week Ed is joined by Emily Chasan, Director of Communications at Generate Capital, and Shanu Matthew, Vice-President of Sustainable Investing and Net Zero Research at Lazard Asset Management. There are now trillions of dollars of capital in the market, aligned with the goal of getting to net zero. In the past few months we've seen a backlash from politicians, regulators and even in the investment industry itself. The idea of climate-focused investing has been under attack in a broader pushback against the concept of ESG investing. The gang examine why this is, how the landscape is changing and how we can solve the issue of short-term pressures competing with long-term climate goals.Next up, we switch our focus to the billionaire Atlassian founder Mike Cannon-Brookes, and his bid to takeover legacy gas provider AGL in Australia. Is this the future of ESG investing?Finally the gang examine President Biden's Defense Production Act – how does it compare to similar plans in Europe and what are the implications for a government stepping in to regulate the market?Don't forget to follow us on Twitter @theenergygang and let us know what you thought of today's episode.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Since I addressed Markets Summit 2022 back on 23 February, arguing "It's time for a new investing playbook", there has been a major repricing in financial assets. Rising wages and rents signal that an extended period of higher inflation lies ahead, and bond yields are starting to reflect this reality. However, the adjustment has further to run, and speculative growth stocks remain vulnerable. Quality stocks, emerging market debt and convertible bonds offer attractive opportunities when construction quality investor portfolios. - Ronald Temple, Lazard Asset Management on Portfolio Construction Forum

Investing over the next several years is going to be unlike anything we've experienced in decades. The pandemic triggered a paradigm shift in the economy, politics, and markets that stimulated a rapid economic recovery. This recovery, however, also added fuel to the fire of inflation resulting from a surge in demand for goods whose supply was constrained. As central banks pivot from QE to QT and rate hikes to dampen price pressures, investors should re-evaluate the post-GFC era playbook that might no longer work amidst structurally higher inflation and rising discount rates. Undoubtedly, it's time to go back to the drawing board to reassess the best approach to both defence and offence in a more volatile, changing market. - Ronald Temple, Lazard Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

In today's world, a dedicated allocation to EM Debt is even more importantEpisode Description = The Russian invasion of Ukraine is rattling global financial markets. Part of Russia's capital structure has become uninvestable and Eastern European assets have had significant sell offs despite their balance sheet fundamentals being significantly better. The outlook is positive for many emerging market economies, as growth continues to rebound. Indeed, in 2022, emerging markets are poised to outperform the developed world, as Western policymakers tighten monetary policy and withdraw fiscal stimulus. From an investment perspective, emerging market debt is under-owned, and portfolios should be reallocated to those parts of the world that are beneficiaries of this type of macroeconomic backdrop. - Arif Joshi, Lazard Asset Management on Portfolio Construction Forum

In recent years, news headlines are frequently filled with announcements of financial institutions, funds, and corporations making hefty pledges to transform their portfolios to ensure that they stay in line with net-zero targets. Is this new wave of support for the energy transition motivated by making a quick buck or has there really been a change of opinion on the opportunities in which going net-zero really has to offer? How is the changing climate affecting investments? How are investors driving the transition? These are some of the key questions we look to answer in this episode. The Energy Gang is delighted to be joined by two professionals who have spent the majority of their careers bridging the gap between finance and climate change. Our first guest, Shanu Mathew is the VP of Sustainable Investing and Net-Zero Research at Lazard Asset Management, one of the world's leading investment companies. Returning for another episode is Amy Myers Jaffe, the Managing Director of the Climate Policy Lab at the Fletcher School at Tufts University. Ed Crooks and the rest of the gang discuss the importance of investors' positions in helping speed up the energy transition and how their work compares to recent government actions. Are organizations like the Task Force on Climate-Related Disclosures (TCFD) making up for the lack of political progress? Moving our focus, What are consumer-facing companies doing to address climate risk and sustainability? Are companies like Unilever an industry leader in sustainability reporting positive impacts? Lastly, the gang takes a look at the story of Indonesia moving its capital through a financial risk lens. How does climate change affect sovereign risk and municipal bonds? What is the answer in terms of financing climate adaptation and what is the government's role in this situation?The Energy Gang is brought to you by EPC Power.EPC Power manufactures self-developed energy storage smart inverters made in their American factories with gigawatt level capacity. Visit www.epcpower.com/energygang to learn more about their utility scale and C&I product lines and schedule a call to learn how they can help you power your energy storage projects! EPC Power – Excellence in Power Conversion.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jeffrey Madoff is the founder of Madoff Productions, based in New York City. His company collaborates with ad agencies, public relations firms and directly with clients to produce commercials, branded content and live streaming events. Madoff began his career as a fashion designer. He was chosen one of the top 10 designers in the U.S. then switched careers to film and video production. Madoff edited and directed award-winning commercials, documentaries and web content around the world for clients such as Ralph Lauren, Victoria's Secret, Tiffany, Radio City, The American Academy of Dramatic Arts, Harvard University, Weill Cornell Medical College and Lazard Asset Management. He is an adjunct professor at Parsons School of Design in NYC. His book, “Creative Careers: Making a Living With Your Ideas”, an Amazon Bestseller, is based on the class teaches. A play that Madoff's has written and is producing, “Personality: The Lloyd Price Musical”, about the life of Rock and Roll Hall of Fame legend Lloyd Price will have its world premiere in March of 2022 at People's Light Theater in Malvern, PA. More from Jeff Instagram - @jeff_madoff LinkedIn – https://www.linkedin.com/today/author/b-jeffrey-madoff-5baa8074  Website - https://madoffproductions.com/  Twitter - https://twitter.com/jeff_madoff

Despite the emergence of the Omicron variant, vaccines and antiviral drugs ensure we're seeing the beginning of the end of the Covid-19 pandemic. Fiscal stimulus will help boost US growth to its strongest levels in decades in 2022 and European economies are poised to rebound. However, inflationary pressures will persist. Practitioners must identify assets that will provide downside protection, as well as strategies to capitalise on the growth ahead. - Ron Temple, Lazard Asset Management on Portfolio Construction Forum

Lazard Asset Management, 3rd Quarter 2021. The Capital Literature Podcast brings you investment letters in audio. Capital Literature is a Sebids Capital service for the investment community. Follow @sebidscap and @CapitalLit on Twitter and become part of our community. Disclaimer: This podcast is for informational and educational purposes only and should not be relied upon as a basis for investment decisions. All rights belong to the respective owners.

The outlook for emerging markets debt is growing increasingly bullish. The global economy is transitioning from a V-shaped recovery led by parts of Asia and the United States, to one in which emerging markets will outperform. Bouts of heightened volatility are offering attractive entry points to an asset class that offers much sought-after yield. With attractive valuations and global investors underweight the asset class, the case for a dedicated EMD allocation is growing ever stronger. As a means to defend fixed income portfolios against rising interest rates, EMD needs to end up back on the asset allocation agenda. - Arif Joshi, Lazard Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Welcoming back our first ever podcast guest, Nikita Singhal, who is the Co-Head of Sustainable Investment & ESG at Lazard Asset Management. Nikita oversees the firm's ESG integration strategy and co-chairs the firm's ESG Steering Group and sits on the firm's Proxy Voting Committee. She also leads client engagement and thought leadership on ESG topics. We're hearing a lot about the possibility of a market correction in the near term - what does this mean for ESG investing and what are the effects on ESG portfolios? What do investors need to think about, especially in this low-yield environment? See acast.com/privacy for privacy and opt-out information.

Is higher-than-expected inflation a sign of healthy economic growth or a potential spoiler? Or, are rising consumer prices indicative of nothing more than a transitory snapback from the pandemic? Host Ron Temple and David Alcaly, a Senior Vice President and Research Analyst at Lazard Asset Management, discuss which factors they are watching to assess how rising prices may affect markets going forward and the challenging task the US Federal Reserve faces in keeping inflation at a desirable level.

Steve Wreford is a portfolio manager in the Global Thematic Equity team with Lazard Asset Management. In this episode, we talked about the difference between an investment theme and a good story, sell discipline, monetary policy ("It is hubris!") and non-linear structural changes. Please enjoy the show! Overview of podcast with Steve Wreford, Lazard Asset Management: 3:00 My father gave me a book about the stock markets 3:30 Having a basis in computer science. Are you still using it? 5:40 Thematic investing; it needs to be more than a story 7:00 The distinction between value and growth styles of investing is arbitrary. 8:30 What is wrong with a good story? 9:30 Genuine structural themes are rare and belong in your portfolio, stories belong in the pub 12:30 India is going to be bigger than China in population in three years' time. The rise of India is a big theme. 13:00 We are seeing a sea change in the relationship between central banks and governments 16:00 The influence of the pandemic 18:50 How to deal with tracking error 20:00 Bits of chips. 22:00 With such big themes, when is the right time to sell? 24:50 There is a big difference between knowing a company well and it being a good investment 26:20 Is there ever a danger that one theme dominates the portfolio? 30:00 Sustainability problems are by definition non-linear 30:30 We are in a new world of monetary policies and it is hubris 31:30 What books are you reading at the moment? 33:00 One way to reduce volatility in your portfolio is to turn your screen off for a while. END

Hundreds of companies around the world have made ambitious promises to purchase only wind, solar and other types of clean electricity to power their operations. But many of these corporations aren’t buying actual physical electricity from renewable sources. Instead, they are snapping up incredibly cheap instruments known as unbundled renewable energy certificates, or RECs, which allows them to make “100% renewable power” claims while continuing to emit greenhouse gases as before. The practice is also problematic because it does little to encourage the establishment of new wind or solar farms —not a good outcome in the broader fight against climate change.   In this episode, we talk to Max Scher, head of clean energy and carbon programs at software giant Salesforce, which used to buy RECs but no longer does so.   “My general fear here is that if we are hyper-focused on… purchasing RECs, we’re going to miss the hard work, the important work, on reducing energy consumption, thinking about siting of facilities on cleaner grids” and other real-world steps to lower the carbon footprint of corporations,” Max tells us.  We also hear from an analyst at Lazard Asset Management, and from Matthew Brander, a carbon accounting expert at the University of Edinburgh who cautions that buying RECS instead of actual renewable power can be “a very low-cost easy way of making it appear to have reduced emissions.” Photo credit: Getty images

In der Frühlingsausgabe von Krämer Konkret geht es zurück in den Herbst 2020. Damals war das Wetter zwar düsterer, die Aussichten für Wandelanleihen aber gut. Was ist davon geblieben? Markus Hujara, CMO bei CAPinside, hat bei Werner Krämer, Managing Director bei Lazard Asset Management, nachgefragt und geprüft, ob Krämers Prognosen von damals eingetreten sind. Das, wieso institutionelle Investoren Schulungen von Krämers Team brauchen und was Greensill für Wandelanleihen bedeutet – alles in der vierten Ausgabe von Krämer Konkret.

Pent up consumer demand, fiscal stimulus and accommodative monetary policy set the stage for a sharp global recovery. The Biden Administration's planned COVID relief, infrastructure investment and ambitious climate policies could turbo charge growth. This will bring opportunities for many companies, yet rising discount rates and steepening yield curves pose challenges to investors. Stocks driven by speculative earnings may give way to companies delivering high returns on capital today, while fixed income investors will need to seek alternatives to long duration assets. Following a long period of secular stagnation, it is back to the drawing board in a high growth environment. - Ron Temple, Lazard Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Nikita Singhal is the Co-Head of Sustainable Investment & ESG at Lazard Asset Management. Nikita oversees the firm's ESG integration strategy. She works closely with analysts and portfolio managers to enhance their investment processes and on launching new strategies. She co-chairs the firm's ESG Steering Group and sits on the firm's Proxy Voting Committee. She also leads client engagement and thought leadership on ESG topics. Previously, Nikita worked on the Sustainability Leaders Fund at ClearBridge Investments, covering renewable energy and other high sustainability companies while also helping execute on the firm's overall ESG strategy. Prior to that, she was a Director at the Heron Foundation where she was focused on deploying and managing their $300mm endowment across asset classes. She has also worked at IFC's (World Bank Group) infrastructure private equity group and started her career in investment banking at Goldman Sachs. Nikita holds an MBA from Harvard Business School and is an executive board member of CECP's CEO Investor Forum and Bloomberg's ESG Advisory group. She is also an emeritus board member of the Human Impacts Institute, a non-profit organization aimed at using arts and culture to inspire environmental action for social good. Don't forget to check out my book that inspired this podcast series, The Caring Economy: How to Win With Corporate Social Responsibility (CSR). --- Support this podcast: https://anchor.fm/toby-usnik/support

Hablamos sobre la inversión en fondos con Giuseppe Ricotta, gestores de estrategias multiactivo de Lazard Asset Management

Werner Krämer, Managing Director von Lazard Asset Management, sucht das Superland: Wo ist es noch besser als in Deutschland? Wo gibt es noch bessere Wirtschaftsdaten, eine noch bessere Demokratie, noch bessere Verfassungen und noch mehr Sicherheit? Krämer und zahlreiche Studien liefern die Antwort: in den nordischen Ländern. Warum Schweden, Norwegen, Finnland und Dänemark deswegen auch die Wiege der quasi sichersten Renditen überhaupt sind und wie die Unterschiede der Länder ausgenutzt werden können, erklärt Krämer dem CAPinside-CMO Markus Hujara in der neuen Folge von Krämer Konkret.

Heightened equity market risk and negative yielding fixed income securities leaves only hard asset allocation decisions. For investors needing more from their fixed income allocation, global convertible bonds can offer upside that is simply not available in developed sovereign or credit markets. Australian investors have historically underutilised this asset class that can optimise portfolio efficiency and bring powerful diversification benefits. As an instrument, global convertible bonds are balanced with both equity and bond characteristics, offer a specific risk/return profile thanks to their convexity and give an asymmetric pay-off. Global convertible bonds offer a whole new world of opportunity. - Arnaud Brillois, Lazard Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Werner Krämer ist wieder konkret. Mehr noch: Gemeinsam mit CAPinside-CMO Markus Hujara wird der Managing Director von Lazard Asset Management sogar lyrisch aktiv – inspiriert von James Bond und Johann Wolfgang von Goethe. Die konkrete Erkenntnis der zwei Denker? Früher hat man Könige am Gold erkannt, heute erkennt man die Kritik an Königen am Gold. Was Investoren sonst noch zum legendären Edelmetall wissen müssen, lässt sich in dieser wahrhaft goldenen Ausgabe von Krämer Konkret nachhören.

ONE OF THE COOLEST THINGS ABOUT MY ROLE AS A PODCAST HOST IS THAT I OFTEN END UP HAVING A BRILLIANT CHAT WITH EXTRAORDINARILY SUCCESSFUL PEOPLE WHO ARE ALSO FELLOW CFA CHARTER HOLDERS AND GOOD FRIENDS. I ALSO LEARN A LOT ABOUT PEOPLE, COMPANIES, AND INDUSTRIES. On The Real Finance Mentor's 9th episode I corner Fadi Al Said CFA who is a big boy with Lazard Asset Management, and we chat about a raft of topics: How does one decide early on a career in asset management? Also, incredibly, how do you stay (and rise in that sector) for two decades? How did the charter help? Why the MBA after the CFA? What does Lazard look for when hiring analysts? What traits and skills do you need to break into asset management/research? Is Fadi really related to celebrity singer Nancy Ajram (!!)? Etc. etc. Listen, learn, grow.

Verkehrte Welt in der ersten Folge unseres neuen Podcasts mit dem Titel „Krämer Konkret“: CAPinside-CMO Markus Hujara meldet sich aus dem Frankfurter Büro, in dem sein Gesprächspartner Werner Krämer eigentlich arbeitet. Und Krämer? Der Managing Director und Economic Analyst von Lazard Asset Management sitzt gezwungenermaßen zuhause im Homeoffice. Doch auch von da wird Krämer konkret. Das Thema: Wandelanleihen – oder auf Englisch – Convertible Bonds. Wieso zu viel Wandeln nicht unbedingt erstrebenswert ist, die Anleihen trotzdem aktienähnlich werden können und wieso die Anleihe mathematisch besser ist, als jede andere Assetklasse – Krämer erklärt's. Ganz konkret.

Trevor Mottl, managing director at Lazard Labs, speaks to Real Vision CEO Raoul Pal about how machine learning and artificial intelligence (AI) can inform and transform the investment process – from idea generation to position sizing to risk management. He tells Raoul about the AI team he runs at Lazard Asset Management that uses machine learning to identify patterns in markets too complex for the human brain to recognize in order to reliably generate alpha too obscure for human investors to reliably capture. Mottl also breaks down his three-piece framework of finance – which includes pricing, time horizon, and liquidity – and explains how this framework has shaped his investment philosophy and informed his macro outlook. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sol Kumin has spent his career in the financial services industry, and is a thoroughbred racehorse owner and philanthropist. A graduate of Johns Hopkins, he began his career in finance at Lazard Asset Management and then Sanford C. Bernstein. In 2005, he joined SAC Capital as managing director and was later chief operating officer. At the end of 2014, he founded hedge fund Folger Hill Asset Management with more than $1 billion from investors, serving as CEO until 2018 when the firm was merged with Schonfeld Strategic Investors. He added the role of chief strategy officer for Leucadia Asset Management LLC and is currently the firm’s co-president. Sol bought his first filly in 2014 and has rapidly become one of the most successful racehorse owners in the US, including Preakness winner Exaggerator, Triple Crown winner Justify, Travers winner Catholic Boy and champion fillies Lady Eli, Monomoy Girl, Midnight Bisou, Uni and British Idiom. In this in-depth interview, he talks about the lasting influence of his first job out of college, describes his experience running Folger Hill Asset Management and explains the business focus and practicality he has brought to owning a high-performing stable of prize-winning horses.

With COVID-19 continuing to spread worldwide, we are seeing a huge impact on people on a personal level and we are just starting to contemplate the potential future impact on global markets and economies.  Things are evolving on a daily basis but it's important to have these conversations.  We are really fortunate to have Ron Temple of Lazard Asset Management to break it all down for us.

Our guest is Peter Gillespie, CFA of Lazard Asset Management.  This episode focuses on how emerging markets are rapidly transforming themselves and even surpassing many developed markets in important areas of technological change.

In this episode, we explore why ESG investing becomes an integral part of successful financial strategies and how it leads to greater sustainability of businesses and society overall. By looking at the approach developed by Lazard Asset Management, we discover the way financial institutions approach responsible investing and incorporate it into their business processes. Guest speaker: Nikita Singhal, Co-Head of Sustainable Investment & ESG at Lazard Asset Management Learn more on how to incorporate the sustainable approach in your investment strategy with ESG solutions by Refinitiv - https://www.refinitiv.com/en/financial-data/company-data/esg-research-data) See acast.com/privacy for privacy and opt-out information.

Warryn Robertson is Portfolio Manager & Analyst on Lazard’s Global Listed Infrastructure, Global Equity Franchise, and Australian Equity teams. He has been working in the investment field since 1992. The Lazard Global Equity Franchise Fund is an actively managed portfolio of between 25 to 50 securities that seeks long-term, defensive returns by investing globally in a range of franchise companies. The Fund invests in listed companies which they consider have an “economic franchise”, meaning companies which possess a combination of predictable earnings and large competitive advantages. The Fund’s objective is to achieve total returns (including income and capital appreciation and before the deduction of fees and taxes) in excess of the MSCI World Index with lower risk over the long term. He discusses what investment trends he has observed across his 20 year career, Current markets – why markets look expensive, top stock picks, value vs growth investing & his opinion on the economic outlook.

Guest: Warryn Robertson, Lazard Asset Management. An investor's job can be boiled down to two primary tasks, explains Warryn Robertson, Portfolio Manager at Lazard. First, to predict what a company's cash flows or earnings will be in the future, and secondly, to work out how much to pay for those earnings. Estimating two unknowns like this is a big challenge for equity investors, so why not make it easier? By investing in businesses with cash flows that can be easily predicted, this reduces uncertainty, and allows them to focus on the other half of the equation. “If you can find a group of companies that has more predictable earnings, more consistent cash flows, you're making your job as an investor much easier in terms of arriving at that valuation. That is, in essence, the overriding philosophy that I've had throughout my investing career.” In this week's episode of The Rules of Investing podcast, we discuss some unique benefits that come from investing in infrastructure equities, how he avoids the dreaded "value trap", and one area of investment he thinks could see significant negative returns in the coming years.

Guest: Dr Philipp Hofflin, Lazard Asset Management.

The yield curve has inverted prior to each of the last nine recessions. So some investors are concerned that the current yield curve flattening may be followed by an inversion, which could be a harbinger of recession. We see several reasons why this time may be different. Featured Speaker Eulogio (Joe) Ramos Managing Director, Head of US Fixed Income Lazard Asset Management LLC (New York) Joe Ramos is a Managing Director and Head of US Fixed Income. He is also Portfolio Manager/Analyst on the US Fixed Income team. He began working in the investment industry in 1978. Prior to joining Lazard in 2006, Joe was the Chief Investment Officer of Ambac Financial Group, Inc., where he was responsible for the oversight and management of Ambac's balance sheet investment strategies, including the Excess Liquidity, Core Capital, Plus, and levered IA portfolios. Previously, Joe was a member at E.H. Capital Group, LLC, a Senior Vice President and Portfolio Manager at Lazard Asset Management, a First Vice President and Senior Portfolio Manager at Lehman Management Co., and a Senior Analyst in the Lehman Brothers Kuhn Loeb Fixed Income Research Department. He has a BS from New York University. Joe Ramos is a member of the CFA Institute, the NYSSA and the Economic Club of New York.

Rob Prugue is probably known best for his 15 years at the helm of the Asia-Pacific business of fund manager Lazard Asset Management. A role he left at the beginning of this year to ‘hang up his boots’, as he called it. Before Rob joined Lazard, he spent time at pension fund SAS Trustees amongst other roles and at this pension fund he was part of the internal investment team. He witnessed first hand how the pension fund decided to outsource its asset management functions as it felt it was doubling up on risk. Considering that many Australian pension funds are now moving towards inhouse management Rob has a unique view on this trend. We will also speak about Rob’s efforts in reducing the stigma around mental health. He is the founder of People Reaching out to People, or PROP, which has set up a short educational program that gives free guidance on how to interact with people who have potentially suicidal thoughts. For more information, please visit www.prop.org.au 4:00 Taking a sabbatical trip and volunteering in an elephant sanctuary 5:00 Starting in the investment industry 8:00 A government job will through you in the deep end much quicker than Wall Street 9:00 Joining 3 months before the ‘87 crash was a great entry 11:00 Crisis times is when only the big boys play 13:30 The reality of investment is that information is asymmetrical 15:00 I’m the poster child of internalisation 16:00 SAS Trustee’s decision to get out of in-house asset management 18:00 The cost savings from internalisation, while valid, is also an agency risk 21:00 Internalisation might solve some capacity problems, but introduces a range of other risks 21:45 There is no such thing as passive; you’ve made an active decision 24:00 How do you deal with the people aspect of internalisation? Firing teams can be tougher than terminating a mandate 25:00 Not once have I come across a statue of a fund manager 26:00 You want a manager that has been bloodied three times 27:00 Buying into Flight Centre 29:00 Building the Asian business of Lazard 31:00 Should you never internalise? 31:00 Industry fund no longer exist; they are mutuals 36:00 Longevity insurance 38:00 Suicide awareness and People Reaching out to People (PROP) https://prop.org.au/ 45:50 Be aware of the difference between empathy and sympathy 48:00 Emotional intelligence and mental health 50:00 Is the hyper-masculinity of the investment industry exacerbating mental health issue? 53:00 The PROP educational series

Bloomberg View columnist Barry Ritholtz interviews James Donald, who serves as managing director and head of emerging markets at Lazard Asset Management, and serves as portfolio manager/analyst on the emerging markets equity team. Since joining Lazard in 1996, he has been instrumental in developing and coordinating its emerging-markets activities. Previously, he was a portfolio manager with Mercury Asset Management. He is also a board member of EMpower, a charity founded by investment professionals focused on adolescents, healthcare and women's issues in emerging-market countries, as well as a member of the 20-20 Investment Association, an investor group focused on emerging markets. 

Esther George, president of the Kansas City Federal Reserve Bank, says the Fed can start shrinking its balance sheet and that there's still an opportunity to increase rates once more. Prior to that, Ron Temple, Lazard Asset Management's co-head of multi-asset investment, says leadership is not a tweet. Shannon O'Neil, a senior fellow at the Council on Foreign Relations, says Latin American countries have a reflex action about U.S. tough talk. Finally, Tim Pawlenty, the former governor of Minnesota and a former presidential candidate, says despite Democrat opposition, a tax bill could be forced through by Republicans if they wanted. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Esther George, president of the Kansas City Federal Reserve Bank, says the Fed can start shrinking its balance sheet and that there's still an opportunity to increase rates once more. Prior to that, Ron Temple, Lazard Asset Management's co-head of multi-asset investment, says leadership is not a tweet. Shannon O'Neil, a senior fellow at the Council on Foreign Relations, says Latin American countries have a reflex action about U.S. tough talk. Finally, Tim Pawlenty, the former governor of Minnesota and a former presidential candidate, says despite Democrat opposition, a tax bill could be forced through by Republicans if they wanted.

Portfolio manager Jay Leupp of Lazard Asset Management discusses his outlook for global real estate investment in the remainder of 2017.

Speaker: Shaka Rasheed 93 Managing Director and Head of Alternative Investments Americas, Lazard Asset Management

Wallstreet 2 Porn AVN: Wall Street Intern Makes Leap of Faith Into Porn LOS ANGELES—A former Wall Street intern has apparently quit her job in order to pursue a career in porn. A recent college grad, Paige A. Jennings worked at Lazard Asset Management until her sudden departure earlier this month. Now, she wants to […] The post 105 Wallstreet 2 Porn Star – Pillow Talk with Beverly Lynne appeared first on Adult Film Star Network.