The Bid

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.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 publication and are subject to change. The information and opinions contained in this material are derived from p

This year, perhaps finally, is coming to a close. What are the biggest lessons we’ve learned from the markets?On this episode of The Bid, investors from across BlackRock share how the Covid-19 crisis has compared to past financial crises; the trends that were accelerated like technology and sustainability; and the resilience we saw from companies and policymakers.We hear from Kate Moore, Head of Thematic Strategy for the Global Allocation team; Jeff Rosenberg, Portfolio Manager for the Systematic Fixed Income team; Tony Kim, Portfolio Manager and Head of the Technology Sector for the Fundamental Active Equities team; Michael Fredericks, Head of Income Investing for the Multi-Asset Strategies team; Becci McKinley Rowe, Co-Head of the Fundamental Active Equities business; and Ashley Schulten, Head of ESG Investing for the Global Fixed Income team.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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 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 publication and are subject to change. The information and opinions contained in this material are derived fr

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary

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 changed and in turn shifted the balance of power between nations, which gaps need to be filled to help tackle the climate crisis, and his vision for the new map that needs to be drawn in the coming years.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 st

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackR

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be

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, 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable and are not guarante

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable

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 thinking about: virtual work and life, the future of innovation, technology and healthcare.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 publication and are s

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable and are not guaranteed

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.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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sourc

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.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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonpropriet

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 conversation from BlackRock’s annual Global Summit.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 publica

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable and are no

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 stakeholders beyond their shareholders and the actions we’ve taken to increase transparency.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

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 of the BlackRock Investment Institute, talks about how monetary and fiscal policymakers have come together in response to the coronavirus crisis.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 publicatio

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary source

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 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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary

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.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 publication and are subject to change. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed b