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On Purpose

Bernstein Private Wealth Management

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On Purpose is a new Bernstein podcast focused on responsible investing and intentionally aligning your portfolio with your values. In each episode, the series’ host, Senior Investment Strategist and National Managing Director, Travis Allen, is joined by business, academic, and other leaders at the intersection of wealth building, profit, and making a difference. There is a lot to learn from companies and individuals that make concerns for the environment, society, and good corporate behavior ...
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Rajkumari Report

Rajkumari Neogy

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Rajkumari Neogy has trained leaders at Google, Facebook, Adobe, Indeed and dozens of other high-power tech companies as an epigenetic coach and executive consultant. In her podcast, Rajkumari explores what it means to be a person in today’s workplace—cognitively, psychologically and emotionally—and how leaders can work toward building resilient office cultures. Through a series of in-depth interviews and conversations over multi-episode series, Rajkumari and her network of CEOs, HR leaders, ...
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In 2023, we’re streamlining how we bring you the valuable financial insights that guide your investing. On Purpose is now a segment on The Pulse, where host Travis Allen will continue exploring the intersection of wealth building, profit, and making a difference with responsible investments. We hope you’ll join us and subscribe. You can find The Pu…
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Many fiduciaries feel caught in the middle as they try to reconcile ESG investing and their duties under the law. Bernstein’s Jennifer B. Goode, J.D., Director, Wealth Strategies and Travis Allen, National Director, Purpose Driven Strategiese provide a road map of the duties and how to satisfy them, with practical advice for evaluating investments …
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Do you have a responsible investing option in your 401(k)? If so, you have Barbara Krumsiek—under her leadership at Calvert Group—to partially thank. One of the pioneers of responsible investing, Barbara has helped shape the industry from the start. She joins us to talk about the pace of progress, greenwashing and how geopolitics may be the greates…
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Why did some of the best prepared countries go off script during the pandemic? Jeff Schlegelmilch—Director of the National Center for Disease Preparedness—explains how disaster plans can end up adrift when they overlook societal behavior. Note to All Readers: The information contained here reflects the views of AllianceBernstein L.P. or its affilia…
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As foundations and nonprofits broaden their exposure to alternative investments, many are also shifting towards responsible investing. What lies at the intersection? Impact investing in private equity and venture capital—a way to raise the bar in investment portfolios. Note to All Readers: The information contained here reflects the views of Allian…
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ESG has come under fire lately in several high-profile articles in academia and the media, prompting fiduciaries to raise concerns. Is ESG really all it’s cracked up to be? Today we separate fact from fiction when it comes to responsible investing. To learn more, explore our microsite https://www.bernstein.com/our-insights/responsible-investing.htm…
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Is synthetic biology the next big thing? This revolutionary technology is ready to make a profound impact on the way many products are manufactured, from lab-grown meat to cosmetics to biodegradable packaging. Yet investors are paying relatively little attention to its business potential. In this episode we explore the promises and pitfalls of this…
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For someone who considers herself a problem solver, AB Portfolio Manager Dureka Carrasquillo initially found climate change to be a depressing conundrum. But a newly launched strategy has her revisiting her tech investing roots and has restored her sense of optimism. Hear why she’s more convinced than ever that advancements in technology will produ…
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Is mining Bitcoin an environmental hazard? Does it promote secret, nefarious activities? Or—as Will Johnson, Portfolio Manager for AB’s Sustainable Thematic Growth strategy argues—do environmental and transparency concerns overshadow Bitcoin’s promotion of financial inclusion? We tackle these questions and more in our latest episode. For more, read…
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At the Woods Hole Oceanographic Institution, scientists are pursuing research into carbon capture and other innovative approaches that could slow the pace of climate change. Woods Hole’s President, Peter de Menocal, discusses the current state of the oceans and explains how investment in nascent technologies can make a difference. Learn more about …
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Curious about the ESG risks and opportunities of investing in Sub-Saharan Africa? How are business leaders and government regulators trying to avoid some of the problems seen in other fast-growing emerging economies? Bernstein portfolio manager Christine Phillpotts, who oversees a frontier market equity strategy, discusses the shift away from a rel…
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Whether it's project-based green bonds, social bonds, or sustainability-linked bonds, fixed income is increasingly becoming the “go-to” for mature companies looking to fund CapEx as they transition to a sustainable future. Bernstein Sustainable Credit Portfolio Manager Shawn Keegan discusses the brave new world of sustainability-focused fixed incom…
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Companies play a crucial role in carbon reduction. And putting forth a credible, sustainable climate action plan has become a sign of a well-managed business. But not all strategies are created equal—and focusing on offsets rather than reductions may ultimately create problems, not solutions. Bernstein Senior Research Analyst David Tsoupros explore…
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Is there a world in which power dynamics are non-existent? In the final episode of this series, Sarah and I dive explore this question and its implications, analyzing internal power imbalances, how our brains handle empathy and morality, and external power imbalances, like how U.S. society enforces a conscious, continuous power disparity. Together,…
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Blame and denial allow us to hover over the acceptance of reality. In companies and organized systems, blame stops leaders from seeing what’s really happening around them and from seeing a system as a whole. In today’s conversation, Sarah and I discuss how blame manifests inside each of us, when blame comes from leaders in the workplace and if narc…
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Are nonprofits, endowments, and foundations missing the boat when it comes to responsible investing? Recent findings from the latest NACUBO Study suggest they might be. Only about 20% of respondents said they include responsible investing criteria in their public equity portfolios. Among the reasons cited was a potential conflict with fiduciary dut…
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Can you identify when you are feeling “alarmed aloneness” or a sense of addiction at work? In this episode, Sarah and I resurface our conversation about alarmed aloneness and discuss different addictions and how to overcome them with feelings of belonging, connectedness and, yes, good food. A high-functioning team requires full bellies and a balanc…
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In the ninth episode of our ongoing conversation, Sarah and I dive into the neurobiology behind why some people say things such as, “I don’t miss people.” Processing emotion as an adult is based on the households we grow up in, wired by how we were raised. Many people feel sorrow and joy less deeply than others, cruising with stable cortisol levels…
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In today’s episode, Sarah and I talk about leadership and how self-awareness enables managers to better guide and support their teams. The brain functions differently when operating in a leadership role, making accountability and responsibility more imperative as leaders learn to vacillate between the two hemispheres of the brain. We dive into this…
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In today’s conversation, I explore with Sarah the inner voice in all our heads, also known as the default mode network (DMN) of the brain. It’s the constant subtext of our lives—an incredible tool for positive creation, or adversely a system deeply affected by trauma that can lead to negative performance patterns. We discuss how the DMN impacts peo…
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There were roughly two dozen major pollution control statutes passed up and through 1990, but only one since then. Yet that’s not because consumers don’t care. According to Michael Vandenbergh—author, Vanderbilt Law professor, and former EPA Chief-of-Staff—the stalemate reflects our deeply polarized society while also underscoring the need for priv…
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The ability to understand ourselves and others depends on which side of the brain we perceive the world from. In today’s episode, Sarah and I examine the differences between operating from the left or right hemisphere of the brain and its impact on relationships. We also discuss introversion, extroversion and how these communication styles impact o…
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How do stress, shame and aggression impact creativity in the workplace? In this episode, Sarah and I explore the neurological aspects of interoception, decision making and internal stressors that impact how employees show up to work. Unpacking what’s happening in the mind and body increases social engagement, enabling employees to feel a sense of b…
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This episode of the ROI of EQ uncovers humanity’s critical need to nurture our seeking circuit, a motivational system that fills the mind with interest and motivates humans to effortlessly search for the things they need, crave, and desire. Sarah enlightens me that when the seeking circuit is blocked, it leads to boredom, depression and burnout. We…
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In today’s conversation on the ROI of EQ, Sarah and I discuss a newfound psychological state: Alarmed aloneness. Together, we unpack the neurochemical responses associated with fight, flight, and freeze and explore the uncharted waters of alarmed aloneness. Sarah describes the effects of Western culture on normalized emotions and how alarmed alonen…
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In episode two of our ROI of Emotional Intelligence series with Sarah Peyton, I share an anecdote that has shaped how I coach each leader in my network. A CEO recently stopped me dead in my tracks by asking, “What’s the point of being nice to my employees?” In this episode, Sarah and I discuss the toxic effects of excluding your employees and the c…
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Clean energy, medical innovation, and food security are just some of the large, complex challenges facing the world right now. And companies that can provide solutions have an exceptional opportunity for long-term growth. But how do you select a strategy that uses sustainability to drive stock-picking—rather than making it a marketing after-thought…
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Welcome to episode one of twelve of my discussions with Sarah Peyton, international speaker and facilitator and author of Your Resonant Self. In this series, we explore the ROI of Emotional Intelligence: How humans can bridge their left- and right-brain tendencies to yield a more coherent world and connected workplace. In episode one, we investigat…
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Rajkumari Neogy has trained leaders at Google, Facebook, Adobe, Indeed and dozens of other high-power tech companies as an epigenetic coach and executive consultant. In this new podcast, Rajkumari explores what it means to be a person in today’s workplace—cognitively, psychologically and emotionally—and how leaders can work toward building resilien…
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Responsible investing is on the rise, but how can you be sure your portfolio is truly delivering on this dimension? Valerie Grant, Chief Investment Officer for Responsible Investing at Bernstein, delves into the key metrics she uses to measure responsibility in her flagship strategy—Responsible US Equities. Separating anecdotal evidence from hard d…
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Fall has been fraught with uncertainty this year, as schools grapple with the best way to meet students’ needs. But the impact has been uneven as fewer low-income students consistently log in for remote instruction. As the pandemic threatens to widen the achievement gap, which already costs the US economy up to $700 billion in lost productivity per…
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An all-star panel looks at the pandemic through the lens of preparedness, along with our susceptibility to other mega-disasters. How can we move from a patchwork response to one that holistically addresses key tradeoffs? And how can we turn this into a moment of lasting change in the face of so much immediate pain? Experts from Columbia University’…
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Like the groundbreaking safety-net hospital she works for, Dr. Thea James is a dynamo. Among the many hats she wears, she serves as the vice president of mission and associate chief medical officer at Boston Medical Center. Eric Glass, Portfolio Manager for AB’s Fixed Income Impact Strategies shares a wide-ranging conversation with Dr. James touchi…
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Tough times are ahead for municipal bond issuers. But efforts to beat Covid-19 might spark the collective will to tackle other long-simmering environmental and social challenges. Will the virus become a crucible that ultimately encourages impact investing in our cities and municipalities? Eric Glass, Portfolio Manager for AB’s Fixed Income Impact S…
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The national reckoning around racial injustice has caught many by surprise. But Laura Sutphen—a corporate social responsibility expert advising global brands—has been navigating the “pressure around purpose” for decades. She joins Beata Kirr to discuss best in class leaders, progress over perfection, and how you can separate “purpose lite” brands f…
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The nation’s turmoil appears to be galvanizing responsible investors in previously unimaginable ways. The crisis is exposing society’s vulnerabilities, but also revealing the resiliency—and value—of companies displaying stronger, responsible behavior. Host Travis Allen asks investment professionals Valerie Grant and Dan Roarty to highlight the firm…
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Responsible investing is having a moment. But things seem different this time. Instead of kicking the tires, many investors appear ready for a headlong plunge. Spurred by the pandemic and protests against racial injustice and systemic inequity, there’s an increasing willingness to take a long-term stand—rather than wait on the sidelines for others …
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