The goal of this program is to produce executives, leaders of the future.Paul Anastas, Faculty Director, Sustainability
Asset classes have long been the building blocks of investment portfolios, but when apparently uncorrelated investments moved in sync during the financial crisis, it raised fundamental questions about whether diversified portfolios actually were diversified. Eugene Podkaminer ’01, vice president of capital markets research at Callan Associates, discusses whether there is a better way to understand the deep forces driving these results.Investment Finance
Any financial institution that is going to last for decades will have to survive a crisis or two—most likely by adapting and innovating, perhaps by leaving behind chunks of its old identity. Yale Insights spoke with James Gorman, chairman and CEO of Morgan Stanley, one of two major investment banks to survive the 2008 financial crisis, about how the firm has managed to refashion itself and prepare for the future.Finance
Problems like climate change, resource depletion, and pollution can seem so large as to be beyond the capacity of any individual person, or even corporation, to address. Peter Bakker, president of the World Business Council for Sustainable Development, argues that business leaders can take a first step by incorporating sustainability concerns into how they think about risk management.Sustainability
Organizations that don’t conform to the norms of their market category are penalized with higher prices, according to new research co-authored by Professor Amandine Ody-Brasier.