Podcast, The Bid Podcast, San Francisco, California
Geospatial data has the potential to revolutionize investment decision-making by providing investors with insights into the spatial dynamics of different markets and assets. Host Oscar Pulido is joined by active investment analysts Joshua Kazdin and Mike Pensky, who have been developing BlackRock’s geospatial investment capability and bringing these insights into our active portfolios.
Presentation, Santa Clara University, Leavey School of Business, Santa Clara, California
This paper discusses the impact of climate change on US families with a specific focus on household finances. We first derive a lifecycle model of consumption, then introduce climate change oriented consumption shocks as an additional expense which is proportional to labor income. We then test this model by empirically demonstrating that households experienced a statistically significant drop in contributions to deferred compensaion during environmental disasters from 2000-2020. Over the same period, debt-to-income (DTI) ratios increased for households during disasters, leaving families exposed to steeper declines in consumption and riskier financial well-being. We conclude with a discussion on how climate change may accelerate a retirement crisis and recommend suggestions for how the financial industry can help households address this challenge.
Video, BlackRock Bottom Line, New York, New York
With more electric vehicles on the road, why is it so hard to find chargers? Joshua Kazdin, Director in BlackRock Systematic Active Equities, explains how improving EV infrastructure could help increase adoption. #BLKBottomLine
Webinar, GYL Financial Services, Zoom
ESG investing is an approach to asset selection that includes environmental, social, and governance criteria in the asset screening and selection process. At GYL, we have overseen ESG-screened investments for many years, and we are excited to announce our new ESG solution. By combining our proprietary “best in class” asset allocation and investment screening process with core principles of responsible investing, our ESG solution will give investors the opportunity to align their investments with the things that matter most to them.
Panel, Massachusetts Institute of Technology, Sloan School of Management, Boston, Massachusetts
While investors are increasingly interested in sustainability and companies are adopting and publishing CSR strategies at record rates, the availability of high quality sustainability data remains inconsistent. In this context, the three panelists will discuss current applications and processes for incorporating sustainability data in research and investing, as well as the challenges inherent in accessing neutral and reliable information to inform smart investment decisions.
Article, Business Insider, New York, New York
Is it possible to invest for a cause and deliver competitive financial returns?
Article, Business Insider, New York, New York
Impact investing — that is, investing with a cause in mind — is becoming increasingly popular.