Below is a list of recent Speaker Series events. Note: you must be a member in good standing and logged into the site in order to download archived presentation materials.
The volume and type of sustainable debt instruments have expanded significantly since 2015. Starting with innovative green bonds in 2007, sustainable debt instruments now extend to various forms of “use of proceeds bonds” to also include social bonds, sustainability bonds, blue bonds, gender equity and SDG bonds. This segment has been further bolstered in recent years to include sustainability-linked bonds and notes. In fact, this combined market segment reached about $3.8 trillion in financing by the end of 2022. But even with annual issuance projected to reach about $1.0 trillion this year, volumes and targets still do not rise to levels required to meet environmental and social development goals.
The event addressed the role that innovative financing solutions plays in addressing the world’s environmental and social development needs. Going beyond green, social and sustainable bonds, the focus will be on new bond structures that have already been introduced, such as various forms of securitization, debt for nature swaps, emission reduction linked bonds, or “outcome-based” bonds, to mention a few. At the same time, other designs, such as carbon-linked bonds and Climate Resilient Development Bonds, have been announced but these are still in the development phase.
Hosted by the Fixed Income Analysts Society (FIASI) together with the Fordham University Gabelli School of Business, the event included a keynote address, followed by a series of case-study type discussions that drilled down on innovative capital raising environment-directed financial structures, audience Q&A as well as a networking opportunity.
Keynote Speaker:
Panelists:
Location: Fordham University, Gabelli School of Business | 140 W 62nd St, New York, NY 10023
Event Recording (zoom)
Event Recording (in person)
Fichera Saber Partners Slideshow (pdf)
Gardett S&P Global Slides (pdf)
Lee APG Slides (pdf)
Litterman Kepos Capital (pdf)
Litterman Billions versus Trillions (pdf)
Stewart World Bank (pdf)
Third Annual FIASI-Gabelli School Student Research Competition on environmental, social and governance (ESG) focused investments and innovations in sustainable finance
The first prize winners include:
Conference Agenda:
To watch the full program click here.
Bloomberg Intelligence panel discussions:
Moderator: Joel Levington, CMA
Panelists:
Conference Agenda:
Thank you to these vendors as well:
WIFI 2023 Presentation (pdf)
President Williams, Ph.D. is a voting member of the FOMC and gave his views on monetary policy and the U.S. economic outlook.
Darrell Duffie Presented his views on how to reform the US Treasury Market
Darrell Duffie, Adams Distinguished Professor of Management and Professor of Finance at Stanford University’s Graduate School of Business. Darrell is currently Resident Scholar at the Federal Reserve Bank in New York. He will join us at our holiday party and share his views about the ongoing reform of the US Treasury market. The last chapter of his most recent book Fragmenting Markets: Post-Crisis Bank Regulations and Financial Market Liquidity, DeGruyter, 2022 covers the views he will be sharing.
Christine Harper, Editor of Bloomberg Markets magazine, and Paul Volcker biographer, discussed what the Chairman went through when he was aggressively tightening monetary policy in the 1980's. What are the similarities to today's markets and what should current Fed chair Jay Powell expect?
MODERATOR: Taylor Riggs, CFA, co-hosts Bloomberg Television’s “The Close.”
SPEAKERS:
Lev Dynkin, Ph.D. founder and Global Head of the Quantitative Portfolio Strategy (QPS) Group at Barclays Research
The Fixed Income Analysts Society (FIASI) in collaboration with Fordham University’s Center for Research in Contemporary Finance and the O’Shea Center for Credit Analysis and Investment were pleased to host a virtual presentation by the authors of two winning research papers in the ESG in Fixed Income Research Competition.
On May 20, 2022 FIASI and Fordham University’s Gabelli School of Business announced the winners of two Graduate student research papers, as part of the second annual Student Research Competition on environmental, social and governance (ESG) focused investments and innovations. The following winners presented their research paper findings and engaged in brief Q&A sessions.
Panelists:
Listen to the experts debate and discuss their views on the following topics:
Housing Panel (pdf)
Thursday, May 19, 2022 | 1:30 pm to 5:00 pm EST:
Friday, May 20, 2022 | 9:15 am to 12:45 pm EST:
2022 ESG: Infrastructure Panel (pdf)
2022 ESG: Data and Technology Panel (pdf)
Intro to Bloomberg Intelligence: Joel Levington, CMA
Explosion of M&A Activity and Credit Implications:
Picks & Pans:
Both panels will be followed by a Q&A session.
BI Credit (March 23, 2022) (Powerpoint)
Featured Speakers:
First Panel:
Lale Topcuoglu, Swiss Re, Managing Director, Head of Credit
Winnie Cisar, CreditSights, Global Head of Strategy
Priya Misra, TD Securities, Head of Global Rates Research
Second Panel:
Joyce Chang, J.P. Morgan, Chair of Global Research
Janet Henry, HSBC, Global Chief Economist
Cathy Hepworth, PGIM, Head of Emerging Markets Debt
A Talk with Jim Bianco, President and Macro Strategist at Bianco Research, L.L.C. Jim discussed his views on the fixed income markets, the Fed and his year-end outlook.
Sustainable municipal investing through funds still represents a small segment of the overall sustainable investing universe, yet there is developing interest in the area. In addition to impact-oriented funds as well as funds that integrate ESG, there is now a green bond municipal ETF and just last month, a new actively managed ETF was launched. Most products rely on ESG integration approaches but assessing factors relevant to munis may be more nuanced. Also, with about 50,000 different state and local governments and other issuing authorities in the US of varying sizes and tax bases, social and environmental data disclosures vary and oftentimes may be insufficient. ESG rating firms are stepping up to fill the gaps but many asset managers have developed their own approaches to integrating ESG into their investment management practices. The panel focused on developments in the sustainable municipal sphere and shared their views on investment approaches, data challenges, disclosure practices and how these may be aligning with investor expectations.
Webcast conversation with the co-founder and co-chairman of Oaktree, and FIASI Hall-of-Fame member, Howard Marks, CFA as he discussed his investment philosophy. This talk was hosted by Taylor Riggs, CFA of Bloomberg TV.
Private Debt has become THE area for fixed income over the past couple of years, growing at a faster clip rate than most other areas of the capital markets. Two truly Outstanding Investors addressed private debt nuances, challenges, and opportunities. We also heard from the well-regarded author of Private Debt – Opportunities in Direct Lending.
Panelists:
The program also included a summary of the outstanding book Private Debt: Opportunities in Corporate Direct Lending by Stephen Nesbitt, a well-written, comprehensive book on private debt.
Martin Fridson, CFA presented empirical research that leads to some surprising conclusions about the high yield market, including.
Watch Presentation
Martin Fridson on High Yield Research PowerPoint (pptx)
CLOs occupy the intersection of corporate credit analysis and structured finance. Despite the fears of many, CLOs have weathered the COVID crisis in good shape. The real action in this area is with the subordinated tranches and few have seen more than our well-regarded, well-respected panelists.
Our experts explain the ins and outs of this durable asset class from the perspective of investors: how to make money, avoid losses, and grow a solid business.
Moderator:
Panelists:
The Fixed Income Analysts Society (FIASI) in collaboration with Fordham University’s Center for Research in Contemporary Finance and the O’Shea Center for Credit Analysis and Investment are pleased to host an early evening virtual presentation by the authors of three winning research papers in the ESG in Fixed Income Research Competition.
On April 23, 2021 FIASI and Fordham University’s Gabelli School of Business announced the winners of three undergraduate and graduate student research papers, as part of the first annual Student Research Competition on environmental, social and governance (ESG) focused investments and innovations. The following winners will present their research paper findings and engage in brief Q&A sessions.
We held a discussion about the automakers and their credit worthiness, views from rating agencies, sell-side and buy-side research as the autos undergo a generational change.
Moderator:
Panelists:
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Moody's Credit Outlook report is available here. Published Monday and Thursday mornings, Moody's Credit Outlook provides you with the credit implications of current events.