Welcome to Exchanges, our video series bringing together perspectives from across academia, industry, and policy, and what they mean for investors.
Each episode features a short conversation with a leading voice in their field, focused on a key idea shaping capital markets and what it means for investors.
Exchanges is grounded in a simple idea: complex topics should be made useful. We focus on turning insight into something investors can act on.
We’ve organized the content by key themes—including private assets and climate—so you can explore the topics most relevant to you. We hope you like it. To get the latest episode in your inbox, sign up here.
Private assets
AI, Big Data and the Future of Private Markets with Ludovic Phalippou
Artificial intelligence is reshaping every corner of the economy - but what does it really mean for private markets, an industry built on dense documents, human judgement and long-term relationships?
Rethinking private credit with David Robinson
Private credit has surged in popularity, often described as a safer, higher-yield form of “shadow banking.” But is this description missing the point?
Understanding Private Capital Alpha with Greg Brown
Private markets have become a cornerstone of institutional portfolios, but how can investors measure their true performance in a world of long horizons and limited transparency?
Sustainable finance
Discussing systems-level thinking with Caroline Flammer
Are companies and investors thinking holistically enough when it comes to addressing global challenges such as social inequality or climate change?
Navigating climate transition risk with Marcin Kacperczyk
Are companies lacking an incentive to uphold their climate commitments? The evidence suggests so, says Marcin Kacperczyk, a professor of finance at Imperial College London, who discusses his research into the risks faced by companies and investors in the transition to a low-carbon economy.
Reading corporate sustainability news with Aaron Yoon
Think you know how sustainability news impacts companies’ stock prices? You might think again after watching our conversation with Aaron Yoon, a professor of accounting and information management at Northwestern University’s Kellogg School of Management.
Thinking rationally about sustainability with Alex Edmans
If you’ve wondered why the acronym ESG has created such consternation, this is your episode! We dive into the need for rationality in sustainable investing with Alex Edmans, a professor of finance at London Business School.
Making sense of sustainability ratings with MIT’s Roberto Rigobon
Measuring companies’ exposure to financially relevant environmental, social or governance risks is much harder than assessing their creditworthiness, explains Roberto Rigobon.