Join Hugh Wheelan, Co-Founder and Joint Managing Director of Responsible Investor in conversation with authors William Burckart, Jim Hawley and Jon Lukomnik as they talk about what’s next for the future of investing based on two new book launches.
In 21st Century Investing: Redirecting Financial Strategies to Drive Systems Change (https://www.tiiproject.com/21st-century-investing/), William Burckart and Steve Lydenberg show how institutions and individuals can go beyond conventional and sustainable investing to address complex problems such as income inequality and climate change on a deep, systemic level. They articulate how system-level investors support and enhance the health and stability of the social, financial, and environmental systems on which they depend for long-term returns.
Relatedly, in Moving Beyond Modern Portfolio Theory: Investing That Matters (https://www.beyondmpt.com/moving-beyond-modern-portfolio-theory), Jon Lukomnik and Jim Hawley tell the story of how Modern Portfolio Theory (MPT) is now showing its age. MPT has no mechanism to understand its impacts on the environmental, social and financial systems, nor any tools for investors to mitigate the havoc that systemic risks can wreck on their portfolios. It’s time for MPT to evolve and the authors propose a new imperative to improve finance’s ability to fulfil its twin main purposes: providing adequate returns to individuals and directing capital to where it is needed in the economy.
During the session, the authors will be joined by leading investors that will offer their expert perspectives on the challenges, opportunities, and breakthroughs needed for industry transformation.
Learn more and register here.