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Blackrock College Radio
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Market take
Finding opportunities in uncertainty
Wei Li, BlackRock's Global Chief Investment Strategist, shares how portfolio managers at the BlackRock Investment Institute’s Midyear Forum remain laser focused on how and where to capture opportunities, even as policymaking disrupts markets. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the dat...
2025-06-09
03 min
The Bid
BlackRock's Evolution: Insights from BlackRock President Rob Kapito
For The Bid's 200th episode, joining Oscar is one of BlackRock's founders, Rob Kapito. Rob currently serves as president of BlackRock and has witnessed the firm's incredible journey from the days of a largely US-based fixed income shop to becoming the firm trusted to manage more money than any other investment company in the world. Rob shares insights on the history of BlackRock, the firm's growth, and the evolving culture that has driven its success. We also look ahead to the future and get Rob's views on what lies ahead for BlackRock.This content...
2024-11-15
18 min
The Bid
A Cruel Inflation Summer? BlackRock's Version
Economists around the world have been attributing the rise in costs of services and inflation in a number of countries to Taylor Swift’s worldwide Eras tour. However, Swift herself can't be held fully responsible for some of the shifts in consumer spending habits that are influencing the prices of goods and services. There are many other macro and micro forces at play in driving spending behavior and inflation trends around the world. Tom Becker and Kate Moore are senior investors at BlackRock with decades of global macro and thematic investing experience between them. They join Oscar to discuss th...
2024-09-06
23 min
Market take
Waves of transformation
The BlackRock Investment Institute believes the world could be undergoing a transformation on par with past technological revolutions. Jean Boivin, Head of the BlackRock Investment Institute, highlights the three themes of the 2024 Midyear Outlook.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are...
2024-07-15
03 min
Market take
Consensus forms at Outlook Forum
There’s broad agreement among portfolio managers that a concentrated group of AI winners will drive returns over a short-term tactical horizon. Nicholas Fawcett, Senior Economist at the BlackRock Investment Institute, takes us inside the 2024 midyear outlook forum at BlackRock. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The op...
2024-06-17
03 min
The Bid
GenAI Through A COO Lens ft. BlackRock COO Rob Goldstein
Join host Oscar Pulido as he explores the transformative power of AI and its impact on the financial services industry. Rob Goldstein, Chief Operating Officer of BlackRock, and Lance Braunstein, Head of Aladdin Engineering, share their optimistic perspectives on Gen AI and the evolution of technology over the past year. They discuss how AI is reshaping work patterns, empowering individuals through natural language interfaces, and revolutionizing client expectations. Discover how AI can be harnessed at the industry level to enhance productivity, leverage data, and drive better investment outcomes, while still emphasizing the crucial role of human supervision. With a...
2024-02-09
24 min
The Bid
Market Take: Volatility, a key feature of the new regime
Introducing Market take from the BlackRock Investment Institute. Market take is a quick, weekly, digest on what's driving markets, providing investing insights and analysis across asset classes, investment strategies and borders. You'll be able to hear Market take episodes right here on The Bid for the next few weeks on Mondays. We see volatility as a constant in the new regime. Wei Li, BlackRock Global Chief Investment Strategist, explains why we’re neutral long-term U.S. Treasuries. This material is intended for information purposes only, and does not constitute investment advice, a reco...
2023-11-20
04 min
Market take
Three takeaways from U.S. earnings season
Wei Li, Global Chief Investment Strategist, explains why we still see a margin squeeze ahead – our first of three takeaways from second quarter U.S. earnings season. We stay selective in equities. In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Pleas...
2023-08-14
05 min
The Bid
Market Take: Show Us The Earnings Growth
Introducing Market take from the BlackRock Investment Institute. Market take is a quick, weekly, digest on what's driving markets, providing investing insights and analysis across asset classes, investment strategies and borders. You'll be able to hear the first three episodes right here on The Bid for the next few weeks on Mondays.In this episode Wei Li, BlackRock Global Chief Investment Strategist, explains why we see a key divergence in corporate earnings forecasts for the rest of the year. We get granular and favor sectors like healthcare within developed market stocks. Subscribe to Market take: h...
2023-07-10
03 min
Market take
2023 Midyear Investment Outlook
How can investors capture the wide range of investment opportunities in the new regime of greater macro and market volatility? Wei Li, BlackRock’s Global Chief Investment Strategist, highlights the three investment themes in the BlackRock Investment Institute's 2023 Midyear Outlook.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed ar...
2023-07-03
03 min
The Bid
The U.S. Debt Ceiling Showdown Is Over: What's Next?
In this special episode of The Bid, BlackRock Product Strategist Oscar Pulido and Alex Brazier, Deputy Head of The BlackRock Investment Institute, take a look at what happened with the debt ceiling showdown, how markets are reacting, and what investors can expect going forward now that the potential default is behind us.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would...
2023-06-02
11 min
The Bid
A Stock Picker's Guide To Emerging Markets
As inflation remains high in many developed markets, emerging market central banks were quicker to hike interest rates coming out of the pandemic that helped to steady their economies. What opportunities and risks could we see from emerging markets as the rest of the year plays out? Emily Fletcher, a fundamental equities portfolio manager at BlackRock, highlights some of the risks and opportunities that Emerging Markets present.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies...
2023-05-25
17 min
The Bid
A New Era Of Brand Trust ft. Lex Suvanto CEO of Edelman Smithfield (LIVE)
The rise of the internet and social media has heralded in a new age of information, but also of misinformation. Trust is a critical factor that influences consumer behavior and can make or break a company's reputation and bottom line. So how can businesses and brands drown out the noise and protect their reputations and why does it matter to investors?Lex Suvanto, CEO of Edelman Smithfield, a specialized financial communications boutique joins Alex Craddock, CMO of BlackRock to uncover the future of unlocking brand trust.Note: This episode was recorded live in front of...
2023-05-05
18 min
The Bid
How Geospatial Data Can Inform Investing
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.Sources: World Economic Forum 2023This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any j...
2023-04-28
21 min
The Bid
A New Investment Playbook For 2023 In Action
Recent events in the banking sector around SVB and Credit Suisse have made clear the importance of staying nimble as investors. The old investment playbook is out and a new regime that considers high inflation and interest rates is in. Wei Li, BlackRock’s Global Chief Investment Strategist joins host Oscar Pulido to explain what investors can expect in the next quarter.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any pe...
2023-04-06
16 min
The Bid
Opening The Door for Others ft. Dr. Lucy Marcil | Women’s History Month mini-series pt. 4
In the final part of the Women’s History Month mini-series, Dr Lucy Marcil speaks with Anne Ackerley, Head of BlackRock's Retirement Group, about her life’s work is to bring affordable healthcare to families who require pediatric care and receive help with financial services and education.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful unde...
2023-03-31
21 min
The Bid
Mind Over Matter ft. Keri Mandell | Women's History Month mini-series pt. 3
In part 3 of the mini-series during Women’s History Month, Keri Mandell, CEO and founder of emPOWER Yoga and competitive athlete, talks to Carrie King, Global Deputy CIO within BlackRock's Fundamental Equities Business, about the power of mindset in her career journey as a business owner and ultra-athlete.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the se...
2023-03-24
17 min
The Bid
Can Investors Expect More Inflation or Market Stability?
In an effort to bring calm to financial markets and some stability to the banking sector, UBS announced it would be acquiring Credit Suisse, a merger of two of Switzerland’s largest financial institutions. The merger has brought some near-term stability to financial markets; however, U.S. and European banking shares remain under pressure as investors assess the impact of the fastest rate hiking campaign since the 1980’s.Kate Moore, Head of Thematic Strategy and part of BlackRock’s Global Allocation investment team joins host Oscar Pulido, to help explain these developments.Sources: NYT article Feb 9t...
2023-03-22
12 min
The Bid
Why Are These Market Events Different From 2008?
As central banks have been trying to control inflation with the fastest rate hikes since the early 1980s, we've begun to see some cracks in the financial system. Most notably the recent collapse of two US regional banks, Silicon Valley Bank and Signature Bank, and the evolving situation around Credit Suisse's liquidity position. Alex Brazier, Deputy Head of the BlackRock Investment Institute is here to tell us why these market conditions are different from 2008 and what investors can expect to see from central banks in an effort to control inflation and protect the financial industry.
2023-03-17
17 min
The Bid
How To Negotiate And Ask For More ft. Professor Alexandra Carter | Women's History Month mini-series pt. 2
In part 2 of the mini-series during Women’s History Month, Alexandra Carter, a clinical professor of law at Columbia Law School and Wall Street Journal best-selling author, talks to Nirmitee Shah, BlackRock's US Head of Insurance for Aladdin about why negotiation skills are key to any career, and one thing you can do to start advocating for yourself.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an off...
2023-03-10
21 min
The Bid
The Power of Purpose ft. Annie McKee | Women's History Month mini-series pt. 1
During Women’s History Month, The Bid teams up with BlackRock’s Samara Cohen, Chief Investment Officer of ETF and Index Investments for a 4 episode mini-series about progress and purpose featuring senior female leaders in the world of finance and beyond. Best-selling author, academic speaker, and leadership advisor Annie McKee joins Samara Cohen leading off the series to discuss her own purpose of developing better leaders that will help transition companies, and their workforces towards supportive cultures, and healthier bottom lines.This material is intended for information purposes only, and does not constitute investment advi...
2023-03-03
18 min
The Bid
A Geopolitical Outlook for 2023
Tom Donilon, Chairman of the BlackRock Investment Institute and former National Security Advisor to President Barack Obama returns to this special post-Davos edition of The Bid to provide his take on the geopolitical issues that are shaping the global investment landscape in 2023.Sources:Secretary of Defense Lloyd J. Austin III and General Mark A. Milley Press Conference Following Ukraine Defense Contact Group Meeting, Ramstein Air Base, Germany Jan. 20, 2023;UN Report of displaced refugees in Ukraine as of January 24th 2023;Internal Ukraine Report October 2022“The Russo-Ukraine War Ten Months In: Ta...
2023-02-03
21 min
The Bid
A Stock Picker's Guide To 2023
As investors have said a relieved goodbye to 2022, where we saw high inflation, market volatility, supply chain shocks, labor market shifts, and interest rate hikes, what can stock pickers look forward to in 2023? To help us answer that question, host Oscar Pulido welcomes back a Bid regular, BlackRock's CIO of US Fundamental Equities, Tony DeSpirito.This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase...
2023-01-27
15 min
The Bid
Navigating The Next Market Cycle | Retirement Mini-series pt. 3
In the final episode of our 3 part retirement mini-series, Gargi Chaudhuri, Head of iShares Investment Strategy and Markets Coverage, sits down for a fireside chat at the BlackRock Retirement Savings Summit to give her views on how the markets might be shaping up for 2023 and what retirement investors should be considering right now.Sources: Statistica CPI Report October 2022; Schwab “2022 (401)k Participant Study” July 2022This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any pers...
2023-01-20
19 min
The Bid
An Equitable Approach To Retirement | Retirement Mini-series pt. 2
In part 2 of our 3-part retirement mini-series, Anne Ackerley, Head of BlackRock’s Retirement Group moderates a live panel at the recent BlackRock Retirement Savings Summit, speaking to three leaders who are actively working to bridge the gender and race gap with regard to retirement savings.Source: Mercer 2022 “Stepping Up For Equity”Source: Hou, Wenliang, “Social Security is a Great Equalizer.” Center for Retirement Research at Boston College. January 2020;Source: ICI Global Retirement Report Q2 2022Source: Federal Reserve Economic Research Report Sep 28th 2020 Disparities in Wealth by Race and Ethnicity in the 2019 S...
2023-01-13
18 min
The Bid
A Roadmap To A Resilient Retirement | Retirement Mini-series pt. 1
How confident are you feeling about your own retirement? In part one of a three-part Retirement mini-series, Anne Ackerley, BlackRock’s Head of Retirement Group joins Stephanie Linker, Head of BlackRock’s Retirement Group Marketing to discuss some of the challenges facing retirement investors today.Sources: BlackRock’s Read on Retirement Survey 2022; World Economic Forum blog by Stephanie Lane “The Scary Facts Behind The Gender Gap” 2018; Abbot.com “Tackling Student Debt for Our Employees” (2018)This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or...
2023-01-06
15 min
The Bid
The Transformation of Oil and Gas to Multi-Energy | The Real Leaders of Net Zero pt. 6
In 2019, Repsol was the first oil and gas company in the world to announce its commitment to be net zero by 2050. Why did they make that decision? What's their plan to get there? On this episode of our series, The Real Leaders of Net Zero, Repsol CEO Josu Jon Imaz joins host Mark Wiedman to talk upstream and downstream, electrification versus decarbonization, and why technology is the biggest ally in this ambitious effort. This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment adv...
2022-09-16
22 min
The Bid
Developing Your Own Financial Literacy ft. Lauren Simmons
Blackrock CEO, Larry Fink, introduces the 100th episode of The Bid where iShares’ Gargi Pal Chaudhuri sits down for a candid conversation with finance expert and entrepreneur Lauren Simmons. Lauren was the youngest woman on Wall Street and went from being a financial analyst to one of the most sought-after personal finance experts for celebrities and entrepreneurs. She is also taking part in the iShares Future Ballers campaign where she has developed a financial literacy curriculum for 5 draft basketball players.Sources: Pollfish Survey May 2022, N-1, 000This material is for informational purposes and is...
2022-08-26
29 min
The Bid
Can Supply Chains Ever Recover?
Is the Fed caught between a rock and a hard place? It faces a stark choice between reducing inflation while maintaining economic growth, Blackrock Investment Institute’s Alex Brazier recently wrote a piece on our new blog series Macro Take and sits down with host Oscar Pulido to break down the issues facing supply chains. Read Alex's blog post here: https://www.blackrock.com/corporate/insights/blackrock-investment-institute/economic-insightsThis material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not...
2022-08-19
25 min
The Bid
A Stock Picker’s Guide To Inflation
With inflation at the highest level in decades and volatility continuing to surge, equity investors are questioning their next moves. Tony DeSpirito, BlackRock's CIO of U.S. Fundamental Equities, looks at how inflation is impacting the economy and underappreciated opportunities.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a. recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of date of pu...
2022-08-12
19 min
The Bid
Back To A Volatile Future - 2022 Midyear Outlook
Has the multi-decade period of stable growth and low inflation come to an end in 2022? The BlackRock Investment Institute believes the world is now facing greater economic and market volatility. Jean Boivin, Head of the BlackRock Investment Institute (BII) , Vivek Paul, Head of Portfolio Research for the BlackRock Investment Institute and Wei Li, Global Chief Investment Strategist for Blackrock, join this episode to discuss the BlackRock Investment Institute’s 2022 midyear outlook and what this new, more volatile regime means for the rest of the year and beyond. Take a look at the Blackrock Investment Institute for more of B...
2022-07-22
24 min
The Bid
The Power Of Clean Energy | The Real Leaders of Net Zero pt. 5
ENEL CEO, Francesco Starace, has been at the helm of the Italian power giant ENEL since 2014 and is a driving force behind Europe’s move to sustainable energy. Mr. Starace joins host Mark Wiedman and “The real leaders of net zero miniseries” to discuss how during his tenure he has overseen the expansion of clean energy using economies of scale from digitalization and improved materials. Francesco also shares his vision for the future of energy; from smart grids feeding power back to the grid and from consumer to consumer, to a fixed price system for all.T...
2022-07-01
23 min
The Bid
The Path to Zero-Carbon Plastic | The Real Leaders of Net Zero pt. 4
On this episode of our ‘The real leaders of net zero' miniseries, Dow CEO Jim Fitterling talks with BlackRock’s Mark Wiedman about how Dow is decarbonizing its production processes and why the circular economy can help rid our planet of plastic waste.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a. recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of dat...
2022-06-08
27 min
The Bid
The 5 Megatrend Super Highways To The Future
Megatrends are allowing people to build long term exposure to exponential growth. Jeff Spiegel, US Head of BlackRock Megatrend, International and Sector ETFs and Tanya Chanda, Senior Investment Strategist on the BlackRock Megatrend team, explore how megatrends are being impacted by supply chain disruptions, robot labor and millennial spending. This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment stra...
2022-05-09
22 min
The Bid
Who Are The Next 100M ETF Investors?
Global ETF inflows continue to break records. Salim Ramji, BlackRock's Global Head of ETFs and Index Investments, breaks down why millions of first-time investors are turning to ETFs and Samara Cohen, BlackRock's Chief Investment Officer of ETFs and Index Investments, explains the changing role of ETFs. 1 Blackrock, Nov 31st '20 - Nov 31st '212 BlackRock “Second Annual iShares Report on Investor Progress – Our Next 100M Investors”, as of December 8, 2021(https://www.ishares.com/us/insights/investor-progress-report)Estimate for new accounts: Financial Times, “Is the army of lockdown traders here to s...
2022-04-04
23 min
The Bid
Larry Fink On The Russia-Ukraine Conflict
The Russian invasion of Ukraine has caused a massive humanitarian crisis and sent ripple effects across the global economy. Larry Fink, Chairman and CEO of BlackRock, discusses how this economic war is affecting existing supply chain disruptions, inflation and globalization.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of...
2022-03-14
19 min
The Bid
The Role of Utility Companies In The Transition | The Real Leaders of Net Zero pt 3
On our third episode of The Real Leaders of Net Zero miniseries, Catherine MacGregor of global utility company Engie discusses the role of green hydrogen and why the cost and the speed of the transition are among her top concerns.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of...
2022-03-07
27 min
The Bid
Powering The Transition Through Electrification and Cross-sector Collaboration | The Real Leaders of Net Zero pt. 2
On the second episode of this miniseries, Peter Voser, Chairman of ABB, talks with host Mark Wiedman about why the global tech company is focused on electrification and automation, the importance of cross-sector collaboration and how they are helping industrial sectors become more reliable, more efficient and less carbon intensive.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to...
2022-02-18
26 min
The Bid
The Real Leaders of Net Zero pt. 1 | Orsted
The shift to a net zero world contemplates a massive transformation of our economy, of our businesses, of how people buy and sell and make and move things. In our new three-part mini-series, “The real leaders of net zero”, we're talking with the companies and business leaders at the forefront of the transition to net zero and who are inventing the technologies and business models that are going to help green our economy. How are we going to get there? How will we pay for it? And what are the roles of companies and finance in this transition?
2022-02-03
28 min
The Bid
Blockchain and crypto: next-gen investing, tokenization and NFTs
An international bank just declared decentralized finance a “decentralized illusion” but the industry continues to gain steam. Greg Schvey, CEO of Axoni, and Robbie Mitchnick, Head of DLT & Digital Assets at BlackRock discuss how blockchain is changing investing, why tokenization is increasing efficiency, and how NFTs fit into the larger blockchain picture.BLACKROCK DISCLOSUREThis material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any secu...
2022-01-24
23 min
The Bid
Larry Fink On The Power of Capitalism
For more than a decade, BlackRock’s Chairman and CEO, Larry Fink, has written letters to CEOs of public companies around the world on behalf of our clients. In those letters, he has highlighted major issues that can affect corporate performance and investment returns including the importance of capital management, long-term strategy, corporate purpose, and navigating the impact of climate change. In this episode, Larry talks about this year’s letter and how the pandemic has turbocharged an evolution in the operating environment for virtually every company, how capitalism is changing, and what it all means for CEOs...
2022-01-18
26 min
The Bid
The Evolution of Smart Cities
As of 2020, more than 56% of the world's population lives in urban areas and that number is expected to soar. In part two of our tech mini-series, Brooks Rainwater, Director of National League of Cities Center for City Solutions and Jane DiGiacomo, Managing Director with BlackRock's Global Real Assets business explore how technology is improving the quality of life for a city’s most important asset - its people.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is...
2022-01-03
18 min
The Bid
COP26: Why this climate summit was different
The much-anticipated climate summit in Glasgow is now over. Did two weeks of debates and negotiations among governments end in an agreement on how the world will address the most pressing climate issues?Paul Bodnar, BlackRock's Global Head of Sustainable Investing, is back from Glasgow and joins the Bid to break down the big takeaways from COP26, how this summit was different than the first 25 meetings and the necessary work ahead to decarbonize the complexities of the global economy.This material is for informational purposes and is prepared by BlackRock, is not...
2021-11-26
21 min
The Bid
What’s next for sustainability?
What do we do with the power plants, internal combustion engines and fossil fuels that power so much of our economy today? How do we retire the carbon economy and create green jobs for affected workers? How do we build a greener economy?On the last episode of a four-part mini-series on sustainability, Paul Bodnar, BlackRock’s new Global Head of Sustainable Investing, shares our outlook on sustainability. He discusses how we get to a net zero carbon economy and the dramatic changes that we’ll need to get there, how a company’s focus on social issues...
2021-08-30
28 min
The Bid
Carla Harris on Diversity and Vulnerability at Work
There are just 5 Black CEOs in the Fortune 500. And women of color hold less than 5% of board seats. How can companies increase representation and create leaders at all levels of an organization?On the third episode of a four-part mini-series on sustainability, Carla Harris discusses why diversity, equity and inclusion matters more than ever for companies and their workforces. Carla is a Vice Chairman of Wealth Management and Senior Client Advisor at Morgan Stanley, an author, a podcast host and a gospel recording artist.Carla talks about how to find your calling, how Millennials and...
2021-07-29
37 min
The Bid
Building digital body language with Erica Dhawan
How do companies build corporate culture when most of the workforce is still working from home? Connecting through the screen has become more important than ever – especially as we start to return to the office.On the second episode of a four-part mini-series on sustainability, Erica Dhawan, Author and Keynote Speaker, discusses how employees and the companies they work for can build camaraderie and compassion in a virtual environment. Then, Eric Van Nostrand, BlackRock’s Head of Research for Sustainable Investments, shares how we can translate corporate culture into investment insights.Thi...
2021-07-21
39 min
The Bid
New technologies help fight climate change
The clock is ticking when it comes to climate change. And while innovations like solar power and wind have been around for some time, new technologies are emerging – around energy, agriculture, fashion and more – to help the transition to a lower-carbon economy.On the first episode of a four-part mini-series on sustainability, Steve Howard, Chief Sustainability Officer at Temasek, talks about innovation in the fight against climate change. He discusses emerging areas from electric and autonomous vehicles to spider silk; how we can ensure the energy transition is a just transition; and BlackRock and Temasek’s partnership toward...
2021-07-01
35 min
The Bid
Autonomous vehicles: The future is now feat. Cruise
The way we’re hitting the road is changing. Sales of electric vehicles hit a record high in 2020. And right now, there are about 1,400 self-driving cars in the US with over 80 companies testing their potential.On the fourth episode of a five-part mini-series on megatrends, Will Araujo, Director of Autonomous Vehicle Development at Cruise, talks about the transformation of autonomous and electric vehicles over the past decade, how cities and technology have shifted as a result, and how long he believes it will be until we all have our hands off the wheel. T...
2021-06-07
24 min
The Bid
China: where megatrends come together
The middle class is growing around the world, and it’s particularly growing in China. If China continues to grow at the pace predicted, its economy could be bigger than the U.S. by the late 2020s. So, what's behind China's massive growth?On the third episode of a five-part mini-series on megatrends, Molly Rosenman, China Chief Operating Officer and Deputy Country Head, shares the story behind China’s growth over the past few decades. We discuss how China's economy has continued to grow through the COVID-19 pandemic, the ways its wealth has translated to its people and...
2021-05-20
24 min
The Bid
What does a low-carbon transition look like?
After yet another year of record temperatures and extreme weather events, there’s more and more discussion about how we can fight climate change and get to a net zero future – an economy that emits no more carbon dioxide than it removes from the atmosphere by 2050. But what does this transition look like in practice?On the second episode of a five-part mini-series on megatrends, Chris Ailman, Chief Investment Officer of the California State Teachers’ Retirement System, and Salim Ramji, Global Head of iShares and Index Investments for BlackRock, share their perspective. They discuss why divesting is not en...
2021-04-08
26 min
The Bid
Moderna and CRISPR Therapeutics on fighting Covid-19
The Covid-19 pandemic has put genomics and immunology front and center. On the first episode of a five-part mini-series on megatrends, CEO of Moderna Stéphane Bancel and CEO of CRISPR Therapeutics Dr. Samarth Kulkarni share their perspectives as companies on the frontlines.First, Stéphane shares how Moderna innovated to produce a Covid-19 vaccine in record time and the potential of mRNA technology. Then, Samarth discusses how the medical breakthroughs of CRISPR technology will impact other medical crises like cancer and sickle cell disease in years to come.This material is fo...
2021-03-24
45 min
The Bid
Turning climate risk into opportunity
Climate change is reshaping the global economy. And we believe it’s not just an investment risk – it’s an investment opportunity. But most ignore the effect of climate change in their economic projections. We think that’s wrong.On the last episode of a five-part mini-series on our global outlook, Vivek Paul, Senior Investment Strategist for the BlackRock Investment Institute, shares his outlook for sustainability this year. He details BlackRock’s new climate-aware return assumptions, including the dramatic effects on economic growth and sectoral performance, and explains why the sustainability wave is just getting started.
2021-03-10
21 min
The Bid
What to expect from the economic restart
We expect a restart of the global economy and more action by policymakers to cushion the virus shock – but the impact on the markets will likely look very different.On the fourth episode of a five-part mini-series on our global outlook, Jean Boivin, Head of the BlackRock Investment Institute, explores what’s next for Covid-19 and policy. He discusses how a resurgence in Covid-19 cases will affect the restart of the global economy, what action we expect from policymakers this year and how everything hinges on the low-rate environment.This material is for i...
2021-03-02
26 min
The Bid
Geopolitics: when Covid-19 meets a new administration
The Covid-19 crisis continues to profoundly shape our geopolitical environment. It has heightened U.S.-China tensions, accelerated inequality and caused companies to revamp their supply chains. With a new administration in the White House, what changes can we expect to the geopolitical landscape this year?On the third episode of a five-part mini-series on our global outlook, Tom Donilon, Chairman of the BlackRock Investment Institute and former U.S. National Security Advisor, shares his outlook for the year ahead. He talks about how Covid-19 and a new administration will impact the U.S.-China relationship, technology...
2021-02-12
27 min
The Bid
A stock picker’s guide to 2021
After a year of dramatic volatility, the U.S. stock market ended 2020 at record highs – and this year already has had a strong start. Can the momentum continue?On the second episode of a five-part mini-series on our global outlook, Tony DeSpirito, Chief Investment Officer for U.S. Fundamental Equities, shares why he’s bullish on the stock market this year. He talks about what vaccine news means for markets, which sectors he sees catching up and where he’s looking for investment opportunities.This material is for informational purposes and is prepar...
2021-02-02
20 min
The Bid
Larry Fink on our sustainable future
Thirty-two years ago, BlackRock’s Chairman and CEO, Larry Fink, rallied seven other people to found a small bond firm. Since then, BlackRock has grown into a global asset manager. Following the Global Financial Crisis, Larry began an annual tradition of writing a letter to CEOs on behalf of our clients – the institutions and individuals who invest in these companies to achieve their financial goals.On this special episode of The Bid, Larry talks about how the events of 2020 shaped his thinking in developing this year’s letter, why “net zero” will reshape the economy and why companies...
2021-01-26
32 min
The Bid
3 themes driving markets in 2021
An eventful 2020 changed our perspective on how to invest in 2021. We’ve entered a new investment order – one that calls for a rethink of portfolios.On the first episode of a five part mini-series on our global outlook, Scott Thiel, Chief Fixed Income Officer, shares the three themes we see driving markets this year. He talks about why investors should take risk in 2021, how Covid-19 has added fuel to trends like e-commerce and sustainability, and how to invest in a more divided world. This material is for informational purposes and is prepared by Bl...
2021-01-14
24 min
The Bid
3 disruptors in asset management
Since the Global Financial Crisis, the financial services industry – and asset management in particular – has been turned on its head. As an asset manager ourselves, how do we innovate and build products that meet investors’ evolving needs?On this episode of The Bid, Patrick Olson, BlackRock’s Chief Product Officer, discusses three drivers of change to the asset management industry: technology, the growth of index investing and sustainability. He shares what it looks like to build a product from start to finish, what separates winners from losers and how he innovates in an evolving industry.
2020-12-29
21 min
The Bid
Navigating the energy transition
The energy transition is taking shape: As electricity consumption increases around the world, more and more, renewable power is replacing fossil fuels as a primary – and cheaper – source of energy. This transition has major implications for areas of private markets.On this episode of The Bid and our mini-series, “Sustainability. Our new standard,” Teresa O’Flynn, Global Head of Sustainable Investing for BlackRock Alternatives, talks about how sustainability comes to life in alternative investments, from the growth of renewable power to the disruptions COVID has created in the real estate market.This material i...
2020-12-18
24 min
The Bid
Companies, resilience and Covid-19
When the Covid-19 pandemic hit, companies’ time horizons shrunk and surviving the months ahead became top priority. What made companies resilient through the crisis? A clear focus on purpose and on serving their employees and communities.On this episode of The Bid, Sandy Boss, BlackRock’s Global Head of Investment Stewardship, shares what it means to build resilience. She talks about how Covid-19 forced companies to rethink their business models, how issues like climate risk and racial injustice have come to the fore, and why purpose can help companies deliver through uncertainty.This...
2020-12-17
25 min
The Bid
3 intersecting crises in 2020 feat. Daniel Yergin
We’re in a time of crisis in more ways than one. In addition to a global pandemic, we’re facing climate change and increased competition between nations. What can we learn from these crises coming together, and how do we move forward?On this episode of The Bid, we sit down with best-selling author and Pulitzer Prize winner Dr. Daniel Yergin. Dan is a renowned expert on energy, geopolitics and the global economy, and he recently released a new book, The New Map: Energy, Climate and the Clash of Nations. Daniel discusses how the energy market has c...
2020-12-07
29 min
The Bid
Beyond the hype in sustainability
How can we identify which companies are acting sustainably? While sustainability has made headlines this year, the real opportunity exists beyond the hype.On this episode of The Bid, Eric Van Nostrand, Head of Research for Sustainable Investments, discusses how he goes under the hood to find opportunities in sustainable investing. He walks through what it means to conduct research in sustainability, which areas of sustainability aren’t as well understood, and why we have to get creative when identifying which companies are doing it right.This material is for informational purposes an...
2020-11-30
28 min
The Bid
Healthcare in the age of the coronavirus
The COVID-19 pandemic has reshaped the healthcare sector, accelerating trends like digital health, at-home care and new methods of vaccine development. How have the virus and the upcoming U.S. election changed the way we think about investing in healthcare?On this episode of The Bid, we answer this question with three healthcare experts: Erin Xie, Lead Portfolio Manager for Health Sciences within Active Equities; Sarah Thomas, Research Analyst for European Equities; and Andrew Farris of BlackRock’s Private Equity Partners group.This material is for informational purposes and is prepared by Bl...
2020-10-29
28 min
The Bid
How will the U.S. election impact markets?
The 2020 U.S. election is set to be one of the most consequential elections in modern history. With November 3rd just a few weeks away, what are the key issues we should track and how might the result impact markets?On this episode of The Bid, Mike Pyle, BlackRock’s Global Chief Investment Strategist, walks through three different scenarios to plan for, the implications for key sectors like technology and healthcare and the investment themes we’re watching in the weeks ahead.This material is for informational purposes and is prepared by BlackRock...
2020-10-16
29 min
The Bid
Investing makes an impact
Impact investing means investing in companies that are working to solve the world’s greatest problems. How can investors do well while doing good, and how have companies pivoted today in the face of COVID-19 and racial injustice?On this episode of The Bid and our mini-series, “Sustainability. Our new standard,” Eric Rice, Head of Active Equities Impact Investing, discusses what makes a company an impact company, how this differs from other forms of sustainable investing and where he sees opportunity in the stock market.This material is for informational purposes and is pre...
2020-10-12
24 min
The Bid
5 megatrends accelerated by COVID-19
Seventy-four percent of Chief Financial Officers expect some portion of their workforce to remain virtual forever. Stay-at-home orders have led to a 60% increase in content consumption on streaming platforms. And there’s been a 35% surge in video game sales over the past few months.These are just a few of the ways the world has changed since the coronavirus pandemic first started. And they can all be encompassed by megatrends: the long-term forces shaping society. On this episode of The Bid, Jeff Spiegel, U.S. Head of Megatrends and International ETFs, walks through four new themes he’s thi...
2020-09-30
22 min
The Bid
How racial injustice reshapes the workplace
Racial injustice and inequity have come into increased focus and caused corporations to shift their behaviors. How is systemic racism impacting the workplace, and what do companies need to do to tackle these issues?On this episode of The Bid, Dr. Laura Morgan Roberts, Professor of Practice at the University of Virginia’s Darden School of Business, and Wes Moore, CEO of the Robin Hood Foundation, a nonprofit focused on fighting poverty, share their views on race, bias and inequity in the workplace.This material is for informational purposes and is prepared by...
2020-09-14
20 min
The Bid
Airbnb CEO Brian Chesky on company purpose in crisis
In the wake of the COVID-19 pandemic, the expectation for companies to lead with purpose has intensified. Employees are demanding it; customers are expecting it; and communities are requiring it. So how can companies lead coming out of the crisis?On this episode of The Bid, BlackRock Chief Marketing Officer Frank Cooper sits down with Airbnb CEO Brian Chesky to talk about how Airbnb has put purpose at the forefront of its decision-making, how companies can discover their purpose, and why Brian believes a purpose-driven company is the best thing for society....
2020-08-26
19 min
The Bid
3 updated market themes for 2020
At the start of the year, the BlackRock Investment Institute sets three themes for the year ahead. But the coronavirus shock has reshaped our views on the markets and investing. In short: The future is running at us, and longer-term trends like inequality and globalization need to be considered today.On this episode of The Bid, Elga Bartsch, Head of Macro Research for the BlackRock Investment Institute, Mike Pyle, Global Chief Investment Strategist, and Vivek Paul, Senior Portfolio Strategist, discuss how and why our views have changed and how to invest accordingly....
2020-08-17
30 min
The Bid
Can sustainability accelerate economic recovery?
The coronavirus crisis has accelerated sustainability, bringing to light issues around the environment, our climate and company behavior. But as global economies begin to restart and reach a new normal, can sustainability accelerate recovery?On this episode of The Bid and our mini-series, “Sustainability. Our new standard,” we hear from leaders in sustainability, including Mindy Lubber, CEO and President of CERES; Fiona Reynolds, CEO of the Principles for Responsible Investment; Marissa Drew, CEO of Impact Advisory and Finance for Credit Suisse; and Peter Bakker, President and CEO of the World Business Counsel for Sustainable Development, in a conv...
2020-08-07
31 min
The Bid
The future of the global economy feat. Microsoft CEO Satya Nadella
Globalism is at a crossroads. Coronavirus has caused a dramatic pullback in the once-seamless transfer of technology and people across countries. As a result, companies more and more have to adapt with societies and their needs, or else get left behind.BlackRock CEO Larry Fink and Microsoft CEO Satya Nadella sat down at the BlackRock Future Forum to discuss how changes in geopolitics are shaping the global business environment, the fortunes of different economies and the path for corporations in the long term.This material is for informational purposes and is prepared by BlackRock, is...
2020-08-05
22 min
The Bid
How do shareholders hold companies accountable on sustainability?
If you were to invest in a company, you’d watch how it performs and take interest in how it grows over time. In the world of investment stewardship, companies take those actions on behalf of their clients. Investment stewardship involves engagement with public companies to promote positive behaviors. And this year, BlackRock has committed to being more transparent about our stewardship activities.On this episode of The Bid and our mini-series, “Sustainability. Our new standard,” Sandy Boss, Global Head of Investment Stewardship, talks about how COVID-19 has impacted company behavior, why companies are now accountable to stakeh...
2020-07-14
26 min
The Bid
Dealing with the coronavirus shock
We entered this year with the view that there wouldn’t be an economic downturn in 2020. No one could have predicted the global pandemic that would come just a couple of months later. Since then, market volatility has been at all-time highs, unemployment has surged and there’s no question that we’re in a downturn. But one prediction we made has held true: our view was that when the next downturn hit, it would require policy coordination between central banks and governments to help the economy stay afloat.On this episode of The Bid, Jean Boivin, Head o...
2020-07-08
24 min
The Bid
How has COVID-19 changed retirement planning?
The retirement landscape has been changing for some time. Before COVID-19, stopping work entirely was no longer the goal. Post-COVID-19, it may mean that stopping work won't be possible. So how should retirement savers navigate what’s next?On this episode of The Bid, BlackRock’s President, Rob Kapito, and Head of the Retirement Group, Anne Ackerley, talk about lessons learned from prior crises, share the numbers from our recent survey of retirement savers in response to the coronavirus crisis, and give their advice for staying prepared through uncertainty.This material is for...
2020-06-25
22 min
The Bid
The climate data revolution
From hurricanes to wildfires to other extreme weather events, physical climate risk isn’t new. But the way we measure it is. Improvements in data over the past few years have allowed us to better understand why climate risk is an investment risk.On this episode of The Bid and our mini-series, "Sustainability. Our new standard," Trevor Houser, Partner at Rhodium Group, and Mary-Catherine Lader, BlackRock’s Head of Aladdin Sustainability, talk about advances in climate data and what these advancements mean for company behavior and investor portfolios in the future.This mate...
2020-06-16
28 min
The Bid
How has the coronavirus impacted companies?
As the pandemic has expanded globally, it has created uncertainty about companies’ future prospects. One way to analyze this: credit. Credit is the market of bonds that companies issue to fund their growth ambitions. And there’s a lot that credit can tell us about the overall health of the global economy.On this episode of The Bid, Jimmy Keenan, Chief Investment Officer and Global Co-Head of Credit, talks about what it really means for a company to default, how businesses are navigating the pandemic and how to invest in a low-interest-rate world.Th...
2020-06-10
27 min
The Bid
Coronavirus amplifies geopolitical tensions
The COVID-19 pandemic has exacerbated and accelerated many of the geopolitical trends already underway. On this episode of The Bid, Tom Donilon, Chairman of the BlackRock Investment Institute and former U.S. National Security Advisor, discusses four trends he’s watching – a coming storm for emerging markets, a worsening outlook for U.S.-China relations, massive state intervention and continued de-globalization – and analyzes the path forward for the U.S. presidential election.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or inve...
2020-05-21
18 min
The Bid
4 global perspectives on the coronavirus
The coronavirus has spread to more than 180 countries. As the virus has progressed worldwide, what lessons can we learn from how different regions have navigated the pandemic?On this episode of The Bid, four of BlackRock’s leaders around the world share their perspectives from Hong Kong, Italy, the UK and the U.S. and touch on where we’re seeing signs of recovery, the reaction from our clients and navigating a new normal.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a...
2020-05-13
24 min
The Bid
Are low interest rates the new normal?
The Federal Reserve in the U.S. recently cut interest rates to zero, and it isn’t the only central bank to lower rates in response to the coronavirus. But low interest rates have been a theme for longer than recent weeks; they’ve been declining since 1980. So how did we get here, and what do low interest rates and low bond yields mean for investors looking for income?On this episode of The Bid, Michael Fredericks, Head of Income Investing for Multi-Asset Strategies, talks about why interest rates became so low in the first place, what stag...
2020-04-29
27 min
The Bid
Coronavirus reshapes our market views
The coronavirus is spreading to more and more countries, opening up a new global dimension to this epidemic and gripping markets with volatility and uncertainty. As a result, our BlackRock Investment Institute has downgraded our global growth outlook. On this episode of The Bid, Global Chief Investment Strategist Mike Pyle discusses the effects we think coronavirus will have on global markets.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a...
2020-03-04
19 min
The Bid
The real deal with emerging markets
What comes to mind when you hear of emerging markets? If portfolios are any indication, many investors shy away from emerging market (EM) stocks. EMs are often unfamiliar territory – and fear of the unknown can create cold feet.On this episode of The Bid, Gordon Fraser, portfolio manager for EM on BlackRock’s Fundamental Active Equity team, walks through the EM terrain around the world and discusses why now may be the time to take a closer look.This material is for informational purposes and is prepared by BlackRock, is not intended to be...
2020-02-25
22 min
The Bid
Geopolitical fragmentation takes center stage
Geopolitics and trade tensions drove the market narrative in 2019. While we see trade tensions moving sideways this year, other risks still loom. Tensions between the U.S. and Iran are elevated; technology competition between the U.S. and China shows no signs of easing; and the U.S. is heading for one of its most consequential elections in modern history.On this episode of The Bid, Tom Donilon, Chairman of the BlackRock Investment Institute and former U.S. National Security Advisor, outlines what geopolitical risks are on his radar and his view for how they’re likely to...
2020-02-18
23 min
The Bid
Dealing with the next downturn
Since the Global Financial Crisis, major central banks like the Federal Reserve in the United States and the European Central Bank in Europe have helped support record-long economic expansion. But central banks are starting to face limits – and the tools of the past, such as interest rates, may not be enough when the next downturn happens.The answer? Central banks and governments may need to partner together in ways they haven’t before. On this episode of The Bid, Jean Boivin, Head of the BlackRock Investment Institute, discusses why that is.In the...
2020-01-27
24 min
The Bid
Sustainability. Our new standard
Climate change will have a lasting impact on global economic growth – fundamentally reshaping finance and investment management. BlackRock has announced a series of changes that make sustainability our new standard for investing, including exiting sectors that present high environmental, social and governance risks, such as thermal coal producers; launching new products that screen fossil fuels; and increasing transparency in our investment stewardship activities.That's why we're launching a new mini-series, “Sustainability. Our new standard.” In the first episode, Rich Kushel, Head of Multi-Asset Strategies and Global Fixed Income, talks about why sustainability is at a tipping point, what i...
2020-01-14
19 min
The Bid
3 themes shaping markets in 2020
It’s the top of a new decade, and there’s a lot to look forward to in the markets. Will China trade tensions persist? Who will win the U.S. election? And will stock markets continue to hit new highs?On this episode of The Bid, Mike Pyle, BlackRock’s Global Chief Investment Strategist, talks about the three themes that he sees shaping markets in the year ahead, why the U.S. election may be a headwind for investors, and his New Year’s resolutions.This mat...
2020-01-06
28 min
The Bid
Eyes on the enterprise
Fintech went mainstream this year, in large part as technology companies started to bridge the worlds of tech and finance. But there’s another, more established side to fintech: enterprise technology. More and more, large companies are starting to rethink the role that technology plays in their businesses.On this episode of The Bid, Sudhir Nair, Global Head of the Aladdin Business, talks about what’s he’s seeing in fintech for both money managers and consumers, and what the future looks like – from the need to scale to a growing demand for sustainability.
2019-12-19
27 min
The Bid
A stock picker's guide to 2020
2019 is nearly over, and stock investors can breathe a sigh of relief. The year brought no economic recession, the consumer sector is strong and unemployment is low. Is this as good as it gets, and what does this mean heading into 2020?On this episode of The Bid, Tony DeSpirito, Portfolio Manager and Chief Investment Officer for BlackRock’s U.S. Fundamental Active Equity Group, talks about his outlook for stocks in 2020, reveals how data is changing what it means to be an active investor and offers his take on how markets react in election cy...
2019-12-16
18 min
The Bid
Global institutions at the limit (Part 1)
Rising inequality, environmental pressures, increased protectionism and the reduced effectiveness of monetary policy have put institutions globally under stress. But the tools and policies used in the past may not be effective in solving these challenges. As the world pushes up against its structural limit, what does this mean for geopolitics, economies and markets? On this episode of The Bid, the first of a two-part series, we’ll go behind the scenes at our Investment Forum to hear from thought leaders and investors including Philipp Hildebrand, Vice Chairman of BlackRock; Tom Donilon, Chairman of the Black...
2019-12-04
29 min
The Bid
Millennials drive megatrends
This year, millennials surpassed baby boomers as the largest living adult generation in the U.S. And that’s not the only shift that’s underway. Millennials also make up the largest working cohort, and they’re the first generation to spend their early lives on the Internet. Millennials are also driving megatrends – technology, demographics and social change, urbanization, climate change and emerging global wealth. On this episode of The Bid, Nora Vonier, Head of Product Marketing for U.S. Megatrends, discusses how.This material is for informational purposes and is prepare...
2019-11-25
24 min
The Bid
How to build a robo-advisor
In the wake of the financial crisis, there was an expectation that robo-advisors – digital platforms that manage money – would take over investing. Years later, that hasn't happened. But with hundreds of billions of dollars under management, robo-advisors have been successful at driving the adoption of investing among millennials.So how do you build a robo-advisor? On this episode of The Bid, Adam French, Co-Founder of Scalable Capital, talks about his process for doing just that. Adam discusses the challenges he faced in building Scalable Capital from the ground up and how robo-advisors can help increase transparency and trust...
2019-11-11
19 min
The Bid
The mystery of the Saudi oil attack
On September 14th, a series of airstrikes hit two Saudi Arabian energy facilities. It was the most significant attack on energy infrastructure in decades – but markets didn’t seem to think so. So why was the reaction so muted?On this episode of The Bid, Amer Bisat, Head of Emerging Market and Sovereign Alpha, sheds some light on the mystery: what happened, why it happened and what comes next. He also provides his take on Turkey’s military invasion of Syria and recent elections in Argentina. This mat...
2019-10-30
32 min
The Bid
The bull market keeps running...
For the past 10 years, investors have been riding a bull market – a stock market that’s on the rise – in the U.S. But ripples are showing beneath the surface, from trade and geopolitical tensions to changing demographics around the world.But according to Rick Rieder, Chief Investment Officer for Global Fixed Income and Head of Global Allocation, there’s still a lot to be excited about. On this episode of The Bid, Rick talks about why he doesn’t see a recession in the near future, why we’re underestimating the impact of technology a...
2019-10-14
26 min
The Bid
Tech stocks: Should I stay or should I go?
It was the bubble to rival all bubbles. In March of 2000, the tech-heavy Nasdaq stock index hit its dot-com era peak. But by the fall of 2002, it was nearly all gone, alongside many of tech’s unicorn companies. It would take 15 years for the Nasdaq to reclaim its losses, and today tells a different story. Tech stocks are back in the headlines as the sector to keep an eye on. On this episode of The Bid, Tony Kim, portfolio manager for Fundamental Active Equity, discusses what makes today different from history, and why tech is sti...
2019-10-01
23 min
The Bid
What's next for blockchain?
Nearly one in six people worldwide don’t have the physical documentation they need to access healthcare, housing or to vote. But what if our identities were completely digitized? It’d be just one of the many ways that blockchain could enter our daily lives.The hype for blockchain has simmered compared to past euphoria – but there’s still a lot to look forward to. On this episode of The Bid, BlackRock’s blockchain lead, Robbie Mitchnick, walks through the evolution of blockchain and cryptoassets and discusses what’s next.This mater...
2019-09-16
23 min
The Bid
Building the cities of the future
From New York to new players like Denver and Seattle, cities are growing and developing by the second. Brick and mortar stores are being replaced by e-commerce, e-commerce companies are actually opening brick and mortar locations, and co-working and co-living spaces are becoming the norm. On this episode of The Bid, Ben Young, Head of U.S. Real Estate, discusses the three biggest disruptors to real estate and how they shape how we live and work.This material is for informational purposes and is prepared by BlackRock, i...
2019-09-03
28 min
The Bid
5 megatrends shaping our future
Movies can tell us a lot about how our society is changing and progressing. Since Jurassic Park came out, the cost of mapping a human genome has drop 99.9% from $14 million to just $1,000. And since The Terminator, robots have become a $15 trillion market worldwide.The topics of science fiction have now become science fact. Megatrends are changing the trajectory of the global economy by shifting societies’ priorities, driving innovation and redefining business models. On this episode of The Bid, Evy Hambro, Global Head of Thematic and Sector investing, discusses the five megatrends that are shifting ho...
2019-08-19
21 min
The Bid
How to reduce investment bias
A home goods store started selling a bread machine. When the bread machine first came out, sales were – perhaps unsurprisingly – slow. But then, they released a deluxe version that was 50% more expensive. Suddenly, the original started flying off the shelves.When it comes to money, our irrationalities – our biases – impact more than just our purchasing behavior. They also impact our investment decisions. On this episode of The Bid, Emily Haisley, Head of Behavioral Finance within Risk & Quantitative Analytics, discusses why understanding and tackling our biases can help us become smarter investors.
2019-08-12
26 min
The Bid
The rationality of irrationality with Dan Ariely
When was the last time you bought a shirt you didn’t need, just because it was on sale? Or you drank a $5 coffee when there was cheaper coffee across the street? People are irrational, despite our best efforts otherwise, particularly when it comes to money.On this episode of The Bid, Dan Ariely, behavioral economist, professor at Duke University, and co-founder of Common Cents Lab, speaks about what makes us irrational, and how behavioral economics can help us tackle big issues like savings and retirement. Thi...
2019-07-31
35 min
The Bid
What will drive markets through 2019?
Markets appear poised for change. Global growth is slowing, we are late in the business cycle, and geopolitical tensions could potentially wind back decades of globalization. What will be the main drivers of markets for the rest of this year?On this episode of The Bid, we’ll hear views on our midyear outlook from strategists and portfolio managers such as Elga Bartsch, Head of Macro Research for the BlackRock Investment Institute (BII); Tom Donilon, Chairman of BII; and Rick Rieder, Chief Investment Officer for Global Fixed Income. ...
2019-07-15
19 min
The Bid
Gauging deglobalization: How to identify geopolitical disconnects
Markets are sending mixed signals. After a downturn at the end of 2018, we’ve seen the stock market rally in 2019 against a backdrop of geopolitical ups and downs. The whiplash looks set to continue, with trade disputes ongoing in almost every world region, 2020 U.S. elections in full swing and tensions building in the Gulf.Our measure of market chatter around geopolitics – the BlackRock Geopolitical Risk Indicator – is at its highest level since 2005. On this episode of The Bid, we speak to Eric Van Nostrand, Head of Macro Research and Portfolio Strategy for BlackRock’s Multi...
2019-07-03
23 min