The Bid

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 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 as to accuracy o

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 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 as to accuracy or completeness. This material may contain ’forward looking’ i

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 stage of the recovery we’re in now and where he’s finding investment opportunities in today’s 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 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

The coronavirus has set new records, from volatility in markets to the scale of the economic shutdown to the number of people working from home. But there’s also been record growth in sustainable investing.In the fourth episode of our mini-series, “Sustainability. Our new standard,” Salim Ramji, Global Head of iShares and Index Investments, discusses how the today’s market volatility has accelerated the shift towards sustainable investing, particularly in ETFs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The coronavirus has caused the world to shift, and there’s no doubt that this will continue. Healthcare companies and researchers are mobilizing to create a vaccine; technology has begun to emphasize solutions for working at home; and the focus clean energy has increased.All of these shifts can be encompassed by megatrends. These long-term societal trends are only being accelerated by the pandemic. On this episode of The Bid, we’ll talk to Jeff Spiegel, U.S. Head of Megatrends and International ETFs, about why that’s the case.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The coronavirus has driven markets into turmoil over the past few weeks. And this uncertainty has created a lot of questions: What are the parallels between today and the financial crisis of 2008? Is today’s crisis worse? What signs are we looking for which suggest we are on the path to recovery?On this episode of The Bid, we answer these questions through a deep dive with Kate Moore, Head of Thematics for Global Allocation; Mike Pyle, Global Chief Investment Strategist; Jeff Shen, Co-Chief Investment Officer of Active Equity; Jonathan Pingle, Head of Economics for Global Fixed Income; and Peter Hayes, Head of the Municipal Fixed Income Group.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Factor investing has been years ahead in the sustainability conversation. Factors are characteristics that help explain stock returns – think buying cheap, trending, high-quality, or lower-risk stocks – and many factors have sustainable components to them as well. In the third episode of our mini-series, “Sustainability. Our new standard,” Andrew Ang, Head of Factor Investing, talks about why that is and how factors have fared with recent market volatility.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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 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 as to accuracy or completeness. This material may contain ’forward looking’ information that is

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 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 as to accuracy or completeness. This materi

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 evolve.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

In the second episode of our mini-series, “Sustainability. Our new standard,” Philipp Hildebrand, BlackRock’s Vice Chairman, and Rachel Lord, Head of Europe, Middle East and Africa, talk about why the public and private sector together must tackle climate change, how BlackRock will deliver on recent announcements regarding sustainability and the moments that changed their perspective on the climate crisis.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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 U.S. and Canada, this material is intended for public distribution.In the UK this is issued by BlackRock Investment Management (UK) Limited, authorized 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. 2020394. For your protection, telephone calls are usually recorded. BlackRock is a trading name of BlackRock Investment Management (UK)

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 it means for investors and the changes that BlackRock has made with regard to sustainability.Throughout 2020, we’ll continue to explore the ways that sustainability – and climate change in particular – are poised to transform investing.This material is for informational purposes and is prepared by BlackRock, is not intende

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 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 as to accuracy or completeness. This material may con

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.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

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 cycles.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

Global growth looks set to rise in the first half of 2020. But rising income and wealth inequality and a surge in populism are testing limits across multiple dimensions. What does this mean for how we invest? On this episode of The Bid, the second in a two-part series, we go behind the scenes at our Investment Forum to hear from thought leaders and investors on the path forward for global growth, the limits on monetary policy and interest rates, and what this means for stock and bond investors. We speak to Jean Boivin, Head of the BlackRock Investment Institute; Elga Bartsch, BII’s Head of Macro Research; Mike Pyle, BlackRock’s Chief Investment Strategist; Tom Parker, Chief Investment Officer of Systematic Fixed Income; Tony DeSpirito, Chief Investment Officer for Fundamental U.S. Active Equities; and Bob Miller, Head of Americas Fundamental Fixed Income.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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 BlackRock Investment Institute; Brian Deese, Global Head of Sustainable Investing; and Teresa O’Flynn, Global Head of Sustainable Investing Strategy for BlackRock Alternatives.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

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 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 relia

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 in the investment process.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 i