Change site | Email subscriptions | Contact us Invesco Menu Delivering an investment experience that helps people get more out of life Game Changers About us We are proud to present to you Game Changers: a video series developed in collaboration with the University of Cambridge Judge Business School, and presented by Dr. Henning Stein, our Global Head of Thought Leadership. Learn more about the Game Changers video series here. Innovation and disruption are increasingly transforming economic and financial activity at global, national, firm and household levels. The macro, the geo and the national political implications are as significant as those of past industrial revolutions, which themselves remoulded the world. In this video series, we bring together thought leaders from around the globe to shed new light on how everything is accelerating and how change is radically reshaping our planet, our lives and our investment decisions. Game Changers video series ESG past, present and future With Lord John Browne of Madingley This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. To meet net zero targets broadly, it will be critical for many companies to go beyond these targets in order to make up for those companies that will inevitably fail to reach them. 2. In addition to bigger, longer-term targets we need to embrace short-term (five- and 10-year) targets to build momentum. 3. Public-private partnerships are crucial for success because business provides innovation and execution while government can assist with risk sharing. A life of innovation and disruption With Dame Stephanie Shirley, pioneering female software entrepreneur and philanthropist This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. Dame Stephanie Shirley blazed an entrepreneurial path through the dawn of the UK software market at a time when women were rarely found in positions of power, particularly in technology companies. 2. More than 50 years ago she instituted in her own company the sort of flexible work policies that today companies are adopting more widely in order to attract a broader range of talent. 3. Through the charitable foundation that she founded over a decade ago, Atuistica, Dame Stephanie is now applying to the world of philanthropy the lessons that she learned as an industry pioneer building, operating and ultimately divesting a successful business. Innovation in politics: Is it time to disrupt democracy? With Jason Brennan, Georgetown professor, expert on democratic theory and author of “Against Democracy” This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. Georgetown Professor and author Jason Brennan makes a provocative case for a new system of government based on “epistocracy”— the rule of the knowledgeable. 2. Professor Brennan argues that the majority of voters in typical representative democracies can be categorized as “hobbits” (who are not ideological and care little about politics) or hooligans (highly polarized voters who are deeply attached to a particular political narrative). A small percentage are “Vulcans”— hyper-rational, non-ideological individuals who are convinced only by clear factual evidence, regardless of the source or outcome. 3. More truly representative and effective democracy could be promoted through the use of “enlightened preference” voting, which would use knowledge tests and statistical analysis to estimate what the public would want if it were demographically identical but fully informed. From Keynes to currency factors With David Chambers, Cambridge Judge Business School professor, and Jay Raol, Head of Fixed Income Factors, Invesco This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. A recent paper by Prof. David Chambers of the Cambridge Judge Business School titled “Currency Regimes and the Carry Trade” analyzes data from spot and forward currency markets back to 1919, demonstrating the robustness of the carry factor and its outperformance in floating rate currency regimes. 2. Currencies may represent a good source of diversification for investors due to their low correlation with equities and bonds. The carry factor can also provide a more liquid method to access factor exposures than equity or fixed income factors. 3. John Maynard Keynes, a titan of modern economic theory, was an active currency trader who incorporated factor investing principles into his trading well before they were formally identified. The shape of things to come: Imagining 2030 and beyond With Stephanie Butcher, Chief Investment Officer and European Equity Fund Manager, Invesco and Maruo Guillen, Dean, Judge Business School, University of Cambridge This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. The COVID pandemic has significantly accelerated broad trends that were already occurring (embrace of technology in the workplace, shift to e-commerce, etc.) and has also placed increased focus on global supply chains. 2. Politics and economics are now inextricably linked since fiscal and monetary policy are increasingly being used to issues such as social inequality. 3. Population aging is one of the most significant long-term trends. The pandemic has accelerated that trend: in the United States during the year 2020, about 300,000 fewer babies than expected were born. What can be done to address educational equity in the US? With Raphael Bostic, President, Federal Reserve Bank of Atlanta, and Deborah Bial, Founder and President, Posse Foundation. Interview date: February, 2021 | Exploring the wide-ranging effects of educational inequity on the US economy and innovative approaches to tackling this challenge. This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. Henning Stein (Head of Global Thought Leadership, Invesco) joins Raphael Bostic (President, Federal Reserve Bank of Atlant ) and Deborah Bial (Founder and President, Posse Foundation) to explore the wide-ranging effects of educational inequity on the US economy and innovative approaches to tackling this challenge. 2. Students from under-represented backgrounds represent an enormous source of untapped potential for driving the US economy but accessing this talent requires universities to think differently about how they select and support their students. 3. The COVID pandemic and the increased focus on social justice in the US and elsewhere have heightened awareness of educational inequity and opened the door to new opportunities to address it. Is the asset management industry dead? With Marty Flanagan, CEO, Invesco, and Prof. David Chambers, Cambridge Judge Business School. A discussion about what lies ahead for – and what we can learn from the past – of the rapidly global asset management industry. This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. Henning Stein (Head of Global Thought Leadership, Invesco) joins Marty Flanagan (CEO, Invesco) and Prof. David Chambers (Cambridge Judge Business School) in a lively discussion about what lies ahead for the rapidly changing asset management industry and what we can learn from the past.approaches to tackling this challenge. 2. The global asset management industry is changing rapidly, with industry consolidation being driven by technological advancement, regulatory complexity, pressure on margins and the increasing importance of ESG investing. 3. The COVID pandemic and the increased focus on social justice in the US and elsewhere have heightened awareness of educational inequity and opened the door to new opportunities to address it. How do we define the impact of ESG investing? Barbara Rupf-Bee, Head of EMEA, Allianz Global Investors, and Cathrine de Coninck-Lopez, Head of ESG, Invesco. Exploring the “quiet revolution” of ESG investing, which is getting louder every day. This video was produced for Institutional Investors, is for educational and informational purposes only and is not to be construed as investment advice or an offer to buy or sell any investment product. The opinions expressed are based on current market conditions and are subject to change. Key takeaways 1. Henning Stein (Head of Global Thought Leadership, Invesco) joins Barbara Rupf-Bee (Head of EMEA, Allianz Global Investors) and Cathrine de Coninck-Lopez (Head of ESG, Invesco) as they explore the “quiet revolution” of ESG investing, which is getting louder every day. 2. Pursuing ESG goals no longer means sacrificing investment performance. Evidence increasingly points to the opposite conclusion. 3. Rather than serving as a hindrance to ESG adoption, the COVID pandemic has led to a greater focus on issues of sustainability and social justice within the global investment community. Educating financial advisors on ESG topics so that they can appropriately counsel their retail clients is one of the biggest challenges facing the industry today. Invesco Home About us News Investor relations Careers Contact us FOLLOW US Twitter YouTube LinkedIn Facebook SELECT A REGION Explore our investment capabilities in your region. Australia Canada (English) Canada (Francais) China Dubai UAE Europe Hong Kong SAR India Japan Taiwan Retail United Kingdom United States The investment market commentary on this site is a sample of commentary written by Invesco professionals around the globe and is not an offer of any product or service. If you are interested in obtaining more information, please select a region to be directed to your local jurisdiction's website. © Copyright Invesco Ltd. 2021 | All Rights Reserved | Terms of Use Privacy Policies | US | Canada | APAC | EMEA Email subscriptions Press releases Earnings releases Investor center Contact us