Pri Podcasts

In this new podcast, an investor and a bank discuss which ESG data they use for securitised product analysis and how it differs from other asset classes.

In the tenth podcast of a series on the ESG in Credit Risk and Ratings Initiative, Sixtine Dubost (PRI) speaks with Erika Wranegard (Lombard Odier Investment Managers) and Michael Ferguson (S&P Global Ratings) about the ESG information provider landscape and the usefulness of the product and service offering for fixed income investors. Find the podcast transcript here: https://bit.ly/3f3e24d

In this episode of the PRI podcast, Jasper Cox, Investment Practices Analyst at the PRI, speaks with Christian Leveque, Municipal Portfolio Manager and Strategist at Payden & Rygel, and Ruth Ducret, Senior Analyst, Municipal Research at Breckinridge Capital Advisors   State and local governments in the US have a critical role to play in tackling environmental and social challenges.   In turn, the investors who lend to these administrations through buying municipal (muni) bonds can contribute to the solutions. Some muni bond issuers have also started selling labelled bonds that earmark proceeds for green or social projects.   This podcast explores how sustainability outcomes can be factored into muni bond investment decisions, and what the role of labelled bonds is in this market. Find the podcast transcript here: https://bit.ly/3AC6zBh

Join the PRI’s Bonnie Groves and guests John Hoeppner, LGIM America, and Aeisha Mastagni, CalSTRS, in this episode of the PRI podcast.     John and Aeisha discuss this year’s AGM season and the trends that will shape future proxy seasons. They tackle voting on new and complex shareholder resolutions and the role of universal owners in addressing systemic risks.  Find the podcast transcript here: https://bit.ly/3JpLi0G

In this new podcast, PRI’s Carmen Nuzzo speaks with an originator and an investor  to discuss the benefits and the challenges of structured products with green or social labels. They are growing rapidly but are not always genuine.

In this episode Laura de Ornelas, PRI’s Empowering Asset Owners Director, speaks to Jenny Kvaskova and Tim Manuel from Aon. They explore the insights into Asset Owners’ responsible investment practices, particularly how they differ across geographies and Asset Owner segments.   Jenny shares the methodology and techniques used to bring the PRI’s reporting data to life. Tim Manuel shares from his experience in supporting Asset Owners in their responsible investment journey, explores the challenges they face, and gives insight into how the industry is solving these.   Find the podcast transcript here: https://bit.ly/3utVKOc

In this episode of the PRI podcast, Jasper Cox, Investment Practices Analyst at the PRI, speaks with Lupin Rahman, Head of Emerging Markets Sovereign Credit at PIMCO, and Jarrad Linzie, Global Head of Fixed Income Index Research at MSCI.   Indices help shape investment decisions, whether investors track them passively or use them as a benchmark for performance. Therefore, the index providers incorporating environmental, social and governance (ESG) factors into a growing number of their products are key actors in the responsible investment ecosystem.   When designing ESG indices for government bonds, there are certain differences compared with corporate indices. This podcast explores these distinctions, as well as the purpose of ESG sovereign debt indices and potential areas for future development.   Find the podcast transcript here: https://bit.ly/3bAXNcG   Interested in the resources discussed in this episode?   Bringing together sovereign debt investors and index providers: https://www.unpri.org/sovereign-

In the ninth podcast of a series on the ESG in Credit Risk and Ratings Initiative, Sixtine Dubost (PRI) speaks with Lisa Abraham (Brown Advisory) and Florian Grandcolas (EthiFinance) about TCFD’s recommended disclosures and their incorporation in credit risk analysis.   Find the podcast transcript here: https://bit.ly/3te1A63

In this episode of the PRI podcast, Jasper Cox, Investment Practices Analyst at the PRI, speaks with Camilla Ogunbiyi, Senior Sovereign ESG Analyst at Nordea Asset Management, and James Lockhart Smith, Vice President for Markets at Verisk Maplecroft. Sovereign nations are the ultimate guarantors of human rights, making the bonds they issue a logical focus for responsible investors. However, investors face unique challenges considering this topic in government debt. This podcast discusses the link between human rights and borrowing costs, how to find and use data on human rights, and engaging with countries on the subject. Find the podcast transcript here: https://bit.ly/3EL5J5Z

In the eighth podcast of the series on the ESG in Credit Risk and Ratings Initiative, Carmen Nuzzo, PRI speaks with Barbara Mattos, Moody’s Investors Service and Jod Hsu, NN Investment Partners about deforestation and how it can affect credit risk analysis.   Find the podcast transcript here: https://bit.ly/3wTFyIp

In this episode of the PRI podcast, the PRI’s senior lead in listed equities, Michal Bartek speaks with Steve Lydenberg, a partner at Domini Social Investments. They reflect on the key developments in responsible investing in decades past, discuss the nature of challenges that listed equity investors currently face and explore what it takes for listed equity asset managers to show leadership. Find the podcast transcript here: https://bit.ly/3iqlrsA

This podcast explores how the US opioid crisis plays out at the local level, with repercussions not just on lives lost and healthcare costs, but also US municipal bonds and the cost of local authorities’ funding. Leading the discussion are the PRI’s Carmen Nuzzo, Head of Fixed Income, and Katherine Ng, Head of Research. They’re joined by Eric Friedland, Director of Municipal Research, Lord Abbett, and John Hund, Assistant Professor of Finance, University of Georgia. Interested in the resources discussed in this episode? Opioid abuse affects municipal access to capital: https://www.unpri.org/pri-blog/opioid-abuse-affects-municipal-access-to-capital/8827.article Sub-sovereign debt resources: https://www.unpri.org/investment-tools/fixed-income/sub-sovereign-debt Fixed income resources: https://www.unpri.org/investment-tools/fixed-income PRI academic research: https://www.unpri.org/sustainability-issues/research Find the podcast transcript: https://bit.ly/3Iwl4s6 

In this episode of the PRI podcast, the PRI’s senior lead in listed equities, Michal Bartek speaks with Edris Boey of Maitri Asset Management. They reflect on the key developments in ESG incorporation in APAC region, discuss what it takes for investment organisations to be or keep up with the leaders in the field. Find the podcast transcript here: https://bit.ly/3AptNJr

In this episode, the PRI’s Simon Whistler talks with Chris Clubb from Convergence and Nadia Nikolova from Allianz Global Investors on the role of blended finance in driving more sustainable investment in emerging markets. They discuss the challenges and opportunities blended finance provides for institutional investors, and why it can be such an important tool delivering more investments that will speed progress towards Net Zero and the SDGs.   Find the podcast transcript here: https://bit.ly/3qcd0ow

In this episode of the PRI’s human rights podcast series, the PRI’s Bettina Reinboth speaks to Surya Deva, Chair of the UN Working Group on Business and Human Rights and John Morrison, CEO of the Institute of Human Rights and Business, on the impact of the UNGPs during the last decade since they were established, and what we should expect for the next decade.   Find the podcast transcript here: https://bit.ly/3Ihzc8K

The PRI’s Jasper Cox discusses how environmental, social and governance issues affect the credit risk of US municipal bonds with PIMCO’s Emily Robare and Breckinridge Capital Advisors’ Andrew Teras. Find the podcast transcript here: https://bit.ly/3cXYeey

In this episode of the PRI podcast, Michal Bartek, senior lead in listed equities from PRI speaks with Peter Michaelis from Liontrust. They reflect on the key developments in responsible investing in decades past, discuss the likely issues in the next decade and explore what it takes for listed equity asset management firms to be among the leaders. Find a transcript of the episode here: https://bit.ly/3CZIcw8

During this episode, Eline Sleurink, Head of UK and Ireland and Middle East, Dave Gorman, Head of Social Responsibility and Sustainability, University of Edinburgh and Ben Pollard, CEO and Cofounder, Cushon discuss how the University of Edinburgh and Cushon have set a net zero target, the first steps they are taking to achieve this, how they built a business case for net zero internally, and how they are holding themselves accountable. Find a transcript of the episode here: https://bit.ly/2Y5tDIr

In the seventh podcast of a series on the ESG in Credit Risk and Ratings Initiative, Sixtine Dubost (PRI) speaks with Madeleine King (Legal & General Investment Management) and Elisabeth Rudman (DBRS Morningstar) about governance factors, how they affect the probability of default of an issuer or of a bond issue and why their relevance is increasing. Find a transcript of this episode here: https://bit.ly/3tmCwsm

Our guest speakers, Alex Cobham from Tax Justice Network and Ryan Gurule from the FACT Coalition will be sharing their insights on the global tax reforms and implications for investors.   Find a transcript of this episode here: https://bit.ly/3yuxdrB