Real Estate Debt, Distress and, Dare We Say, Hope?

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51:57

On the Season 2 debut of Lost Cultures: Living Legacies , we travel to Bermuda, an Atlantic island whose history spans centuries and continents. Once uninhabited, Bermuda became a vital stop in transatlantic trade, a maritime stronghold, and a cultural crossroads shaped by African, European, Caribbean, and Native American influences. Guests Dr. Kristy Warren and Dr. Edward Harris trace its transformation from an uninhabited island to a strategic outpost shaped by shipwrecks, colonization, the transatlantic slave trade, and the rise and fall of empires. Plus, former Director of Tourism Gary Phillips shares the story of the Gombey tradition, a vibrant performance art rooted in resistance, migration, and cultural fusion. Together, they reveal how Bermuda’s layered past continues to shape its people, culture, and identity today. Learn more about your ad choices. Visit podcastchoices.com/adchoices…

about a year ago 24:19

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Rate hikes from central banks around the world may offer a glimmer of hope to commercial real estate (CRE) investors, but will it be the panacea they're looking for? We discuss the state of the CRE debt market and the potential path for portfolios.

132 episodes

Perspectives

Real Estate Debt, Distress and, Dare We Say, Hope?

Perspectives

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published about a year ago

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132 episodes

All episodes

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1
From Private to Prominent: The Asset Class Everyone's Watching 34:34

20 days ago34:34

34:34

Luke Flemmer, MSCI's head of private assets, provides his views on how the industry, tools and participants stand to evolve as the worlds of public and private investing converge and more investors adopt a total portfolio approach.

Perspectives

1
Who's Afraid of the Big, Bad Bond Market? 24:38

5 weeks ago24:38

24:38

Though many of the headlines follow every twist and turn that equities have taken over the last month, fixed income remains an important part of the story. From drivers of inflation to the relative strength of the U.S. dollar and the rise of private credit as a funding source for corporate America, understanding the shifting dynamics is key as investors plot their next move.…

Perspectives

1
Investment Trends in Focus: Quarterly Roundtable Q2 2025 38:29

7 weeks ago38:29

38:29

As the year started, the overriding theme was the dominance of the U.S. in the world's financial markets. However, there were already some uncertainties on the horizon. Three months later we have seen quite astounding action on both the policy front and in financial markets. MSCI's roundtable of experts provide their unique perspective on it all.…

Perspectives

1
From Dot-com to Dot-AI: Is History Repeating? 16:56

9 weeks ago16:56

16:56

25 years on from the peak of the dot-com bubble, we discuss parallels between today's AI-driven market boom and the dot-com era with MSCI's Donald Sze, exploring market sentiment, lessons from history and implications for investors navigating current dynamics.

Perspectives

1
Tariff-ied Markets: What Investors Need to Know 28:42

13 weeks ago28:42

28:42

Trade tensions are rising - what does this mean for investors? MSCI's Abhishek Gupta and Thomas Verbraken discuss the latest tariff developments, their potential impact on inflation and interest rates and how they could reshape market dynamics in 2025 and beyond.

Perspectives

1
Location, Location... Allocation: Real Estate's Shifting Landscape 37:12

15 weeks ago37:12

37:12

Real estate is resetting - but not everywhere and not all at once. Tom Leahy and Ben Chow, the EMEA and APAC heads of real-estate research at MSCI, unpack 2025's key trends, from interest rates to AI-driven demand, and discuss why strategy, timing and resilience could be important drivers going forward.…

Perspectives

1
Sweet 16: Have Bitcoin and Other Digital Assets Come of Age? 32:47

17 weeks ago32:47

32:47

The first Bitcoin was mined on Jan. 3, 2009. Since then, much of the story has been about volatility, speculation and retail investors. But our guests - including MSCI's Padmakar Kulkarni, Barbara Schlyter of DWS Group and Menai's CIO, Shubin Jha - help us dig deeper into the world of digital-assets investing and examine why institutional investors have started to pay closer attention.…

Perspectives

1
Investment Trends in Focus: Quarterly Roundtable Q1 2025 50:36

19 weeks ago50:36

50:36

The dominance of the U.S. showed no signs of waning as the year began. But what will investors be watching as they seek to steady an unbalanced world? Our quarterly panel breaks down the potential effects for global equities, fixed income and private investments, as well as one area where it's Asia that dominates - energy consumption.…

Perspectives

1
How Are You Fixed for Fixed Income for 2025? 40:06

25 weeks ago40:06

40:06

With fixed-income investors still recovering from a year that arguably saw nearly every cycle of the market, we look ahead to 2025 across sectors, including sustainability-linked bonds, securitized products and the ongoing effects of inflation and moves by central banks.

Perspectives

1
Two Takes on the Future of Risk 16:52

27 weeks ago16:52

16:52

When it comes to managing portfolios, the role of risk, and risk managers continues to evolve. We hear from two industry leaders, recently returned from the MSCI Analytics Summit, on the future of identifying, measuring and managing risk.

Perspectives

1
As Asset Owners Go, So Goes the Industry 23:45

29 weeks ago23:45

23:45

We're joined by MSCI's Chief Research Officer, Ashley Lester and Chief Client Officer, Axel Kilian, who recently attended the 19th annual Institutional Investor Forum, hosted by MSCI. We discuss the benefits and considerations of a total portfolio approach, as well as the myriad of challenges facing asset owners and investors around the world.…

Perspectives

1
Investment Trends in Focus: Quarterly Roundtable Q4 2024 39:50

32 weeks ago39:50

39:50

From the effects of China's stimulus to the power of sustainability on portfolio performance and companies cost of capital, our panel dissects the latest market drivers and where investors may be focused for the rest of 2024.

Perspectives

1
Real Estate Debt, Distress and, Dare We Say, Hope? 24:19

36 weeks ago24:19

24:19

Perspectives

1
The Future of Energy 36:04

38 weeks ago36:04

36:04

One of the key aspects of controlling or limiting climate change is the energy transition. That is, the global energy sector's shift from fossil-based systems of energy production and consumption - including oil, natural gas and coal - to renewable energy sources like wind and solar, as well as lithium-ion batteries. To discuss where things stand in the transition, we spoke to MSCI ESG Research's Chris Cote and Yu Ishihara, author of the recently published paper "Auto Industry: Emissions vs. Economics," along with Tyler Rosenlicht, Head of Natural Resource Equities at Cohen Steers.…

Perspectives

1
So Many Sectors, So Little Time 42:34

42 weeks ago42:34

42:34

As investors look to manage the outsized effect of the "Magnificent Seven" and the tech sector in general, we explore sector-based investing, which offers a strategic approach for investors looking to gain exposure to distinctive segments of the economy. MSCI's own Abhishek Gupta and Dinank Chitkara dig deep into their recent paper, "Incorporating Sector Investing in Portfolio Management," and Vanguard's, Andrey Kotlyarenko, provides a view into how investors put this all into practice.…

Perspectives

1
Getting a Fix on Fixed Income 26:29

44 weeks ago26:29

26:29

With stubborn inflation, a plunging Japanese yen and unpredictable elections around the globe, 2024 has proven challenging for fixed-income investors — and for central banks. We sat down with MSCI’s global head of fixed-income solutions research, Afsaneh Mastouri, to talk about the state of fixed-income markets, and what the rest of the year may hold.…

Perspectives

1
Investment Trends in Focus: Quarterly Roundtable Q3 2024 46:50

46 weeks ago46:50

46:50

Our panel of experts, led by chief research officer, Ashley Lester, takes stock of global markets as we enter the back half of 2024. Ashley and team examine the short- and long-term issues affecting investors, including the ever changing geopolitical landscape, the continued impact of AI and the role of private markets in the carbon transition.…

Perspectives

1
Making the Most of the (Electrical) Grid You’ve Got 49:42

49 weeks ago49:42

49:42

The Inflation Reduction Act provides large incentives for a shift to clean energy in the U.S. MSCI teamed up with the Rocky Mountain Institute to investigate its effects on utilities.

Perspectives

1
The Best Time to Plant a Tree Is 20 Years Ago 20:02

1 year ago20:02

20:02

How does Adam Gibbon of AXA IM balance climate impact with investment results? We get his take on the voluntary carbon markets, and how he assesses potential opportunities for his fund’s portfolio.

Perspectives

1
Step Right Up for the Voluntary Carbon Markets! 30:02

1 year ago30:02

30:02

While more countries and companies are making plans for a low-carbon future, emissions are still rising and the deadlines for action are closing in. Enter the carbon markets, where companies can purchase credits to offset their carbon footprint until long-term reduction plans become a reality. We explore these markets and their potential impact on companies and investors.…

Perspectives

1
Investment Trends in Focus: Quarterly Roundtable Q2 2024 43:28

1 year ago43:28

43:28

Our quarterly market analysis, features a robust discussion of the public and private markets, as well as a deep dive and some surprising results from the world of sustainable investing.

Perspectives

1
Removing Old King Coal's Crown ... Slowly 28:47

1 year ago28:47

28:47

Abruptly shutting down all the coal-fired power plants may appeal to some, but there would likely be unintended consequences for investors, as well as plant employees and those who live where the plants are located. We dig into why a managed coal phaseout with specific target dates and actions may create a level of certainty for all involved.…

Perspectives

1
The Inevitable AI Episode 35:26

1 year ago35:26

35:26

Since ChatGPT's debut less than 18 months ago, artificial intelligence has dominated headlines, and excitement and apprehension now surround its entry into the world of finance and investment. But just what are the expectations and misconceptions?

Perspectives

1
Jim Costello Explains it All (About Commercial Real Estate) 39:07

1 year ago39:07

39:07

Last week’s episode left a lot on the cutting-room floor. Here we offer the chance to listen to our complete interview with Jim Costello, chief economist at MSCI Real Assets, where he assesses the commercial real-estate landscape, including the pricing gap between buyers and sellers.

Perspectives

1
Did you get the memo? There's more to commercial real estate than office space. 47:16

1 year ago47:16

47:16

When it comes to commercial real estate, much of the attention of investors and the financial press has focused on the state of the office sector, which has been hurting. And while real concerns exist, there are also potential opportunities across and within the various real-estate sectors.

Perspectives

1
I Fought the Fed, and the Fed Won 27:48

1 year ago27:48

27:48

Inflation is down, but stubborn, and investors are still digesting Fed Chair Jerome Powell’s statements after the latest meeting of the FOMC. We sit down for a one-on-one interview with, Andy Sparks, to assess where we stand in the give and take between central banks and markets.

Perspectives

1
Remapping the Investment World 23:57

1 year ago23:57

23:57

For global investors, the idea of individual country or market allocations isn’t new. But in today’s world, with a dynamic geopolitical map, the rewiring of supply chains and greater focus on sustainable investing, it may be time for a new approach.

Perspectives

1
Investment Trends in Focus: Quarterly Roundtable Q1 2024 48:30

1 year ago48:30

48:30

Ashley Lester and team help investors find the connections between — and evaluate the risks and potential opportunities of — AI, geopolitics and the effects of climate change, as well as the growing importance of private capital and continued influence of monetary policy.

Perspectives

1
COP28: The Beginning of the End for Fossil Fuels? 41:57

1 year ago41:57

41:57

While the media focused on the battle over the wording of the final agreement, there was actually a lot of progress that flew further under the radar, but may have a greater impact on investors. Founding director and head of the MSCI Sustainability Institute, Linda-Eling Lee, and Guy Turner, head of MSCI Carbon Markets, share their experiences on the ground in Dubai and what the outcomes may mean for investors.…

Perspectives

1
The Apple-fication of Investing 28:11

2 years ago28:11

28:11

Listen in on an in-depth discussion about the growing demand for and personalized tax-efficient strategies from wealth-management clients — driven by technological revolution and the coming, intergenerational transfer of wealth.

Perspectives

1
Real Estate Investors: Stuck in the Middle with You 35:21

2 years ago35:21

35:21

Richard Hill of Cohen & Steers joins MSCI’s Jim Costello to discuss the changing perceptions of the commercial-property market, from dull and boring to dynamic and complex — and the current set of risks and potential opportunities.

Perspectives

1
Market Trends in Focus Quarterly Roundtable 41:07

2 years ago41:07

41:07

Our quarterly roundtable examines markets and market-moving events to help institutional investors as they determine the best way forward; across asset classes and parsing out differences between developed and emerging markets.

Perspectives

1
Ladies and Gentlemen, the MSCI Sustainability Institute 22:12

2 years ago22:12

22:12

The launch of the MSCI Sustainability Institute, founded and led by Linda-Eling Lee was attended by some of the most highly respected members of the ESG-investment community. We explore the institute’s aims and how it will work with investors, companies, academics and policymakers to drive action by capital markets.…

Perspectives

1
Ashley Lester: Don’t Call it a Comeback 36:37

2 years ago36:37

36:37

We sat with MSCI’s global head of research for a wide-ranging discussion, including why he chose to return to the company now, the challenges and opportunities facing the investment industry and a unique take on risk management, ESG and climate and AI and technology.

Perspectives

1
Extreme Weather Unlikely to Revert to the Mean 26:22

2 years ago26:22

26:22

Physical risk from climate change has started to affect nearly every region of the world, from the four hottest days on record occurring in a row this month to more frequent, more intense storms. We discuss what this all may mean for companies, insurers and investors.

Perspectives

1
The Market’s Bad-Breadth Problem 41:38

2 years ago41:38

41:38

Investors are faced with the potential of “sticky” inflation, continued equity-market concentration and expectations that U.S. interest rates may be higher for longer. We sit down with a panel of MSCI experts to get their views on the questions being asked and answered by markets and investors, and the potential implications heading into the second half of 2023.…

Perspectives

1
Climate Regs Seek Progress, Not Perfection 30:06

2 years ago30:06

30:06

In many ways, the EU has led the way on climate regulation in an effort to increase transparency and decision making through disclosure from companies, as well as investors. We discuss what’s expected from the EU sustainable finance package, and its potential impact.

Perspectives

1
Is Default in Our Stars? 30:21

2 years ago30:21

30:21

As discussions continue in Washington, D.C., we examine how markets have handled the uncertainty so far, how such showdowns played out in the past and three “what if” default scenarios.

Perspectives

1
Revenge Spending Starts for the World's Second-Largest Economy 19:15

2 years ago19:15

19:15

2023 has presented many risks and potential opportunities for investors, including inflation, continued war in Ukraine and China’s lifting of the zero-COVID policy, which allowed people and goods to travel as freely as they did before the pandemic gripped the globe. We look into how it’s gone so far.…

Perspectives

1
On Climate Change, We Got 99 Solutions; Gotta Try Every One 27:55

2 years ago27:55

27:55

The news on progress toward climate change and biodiversity goals was not great as Earth Day 2023 approached. But there were some bright spots, including detailed proposals to move forward, increased attention from governments in the form of regulation and a growing awareness from investors that accounting for these issues may be the right thing to do for their portfolios.…

Perspectives

1
Investors Stick the Landing in Q1 ‘23 22:07

2 years ago22:07

22:07

While the direct market impact of Russia’s invasion has lessened over time, there have been longer lasting effects that have exacerbated investor concerns around inflation, rising rates and central bank actions around the globe. We examine the issue through a multi-asset-class lens.

Perspectives

1
Banks Have Investors Feeling Déjà vu All Over Again 33:05

2 years ago33:05

33:05

Perspectives

1
What Diversity Fatigue? More Women Filled More Firms’ Senior Roles 27:06

2 years ago27:06

27:06

Perspectives

1
The Russia-Ukraine War and the Markets: One Year Later 27:20

2 years ago27:20

27:20

Perspectives

1
Real Estate Investors Brace for Bumpy 2023 27:44

2 years ago27:44

27:44

Real estate investors entered 2023 facing a very different investment landscape to the one they encountered at the beginning of 2022. We look at the top five trends for real estate investments in 2023.

Perspectives

1
Investors Hope Something Changed on New Year's Day 25:02

2 years ago25:02

25:02

Despite some positive movement in the fourth quarter, 2022 wasn't pretty for many investors. What may be the global trends to watch this year?

Perspectives

1
Water, Water Everywhere? Well, Maybe Not for Long 14:28

2 years ago14:28

14:28

Faced with the undeniable reality of droughts and dry spells from China to the Southwestern U.S. this year, companies and their investors have begun to take the vital issue of water scarcity more seriously.

Perspectives

1
The Loss of Truss in the UK 28:27

3 years ago28:27

28:27

When Prime Minster Rishi Sunak took over as the country's third prime minister in just two months, he inherited what he referred to as a "profound economic crisis."" We discuss the impact of fiscal and monetary policy on Great Britain and around the world, as markets contend with runaway inflation, high energy prices and geopolitical uncertainty.…

Perspectives

1
Inflation Knocks on Real Estate’s Door 26:49

3 years ago26:49

26:49

With rising rates and a looming global slowdown in the context of war, climate change and an evolving regulatory environment, MSCI assembled a leading group of experts to provide insight into how investors may look to position themselves to manage risk and capture opportunity in an uncertain world.

Perspectives

1
Market Risk and Volatility: Trick or Treat? 23:23

3 years ago23:23

23:23

Markets experienced a brief ray of risk-on light during the third quarter, but investors quickly retreated back into the risk-off shadows as the Fed reasserted its tough stance on taming inflation. We take the temperature of the market and explore where we might be headed.

Perspectives

1
Central Banks Add Muscle to the Inflation Tug-of-War 27:53

3 years ago27:53

27:53

We explore the sometimes volatile, push-pull relationship between investors and central banks as each looks to navigate extreme inflation in the U.S., the eurozone and the U.K.

Perspectives

1
Dorothy Didn’t Say, ‘There’s no Place like the Office’ 33:28

3 years ago33:28

33:28

Investors in commercial real estate are confronting the lingering effects of COVID-19 on what being an "office worker" means. We debate the merits of hybrid work and its impact on companies and investors.

Perspectives

1
Will Nasdaq's Diversity Rule Be Effective? 30:20

3 years ago30:20

30:20

Investors have started to see the dollars and cents value of diversity on corporate boards and at all levels of an organization. The new Nasdaq rules seek to advance this cause, but will they work? We explore the question and look to a similar Canadian rule on the books since 2015.

Perspectives

1
Bulls May Have to Just Grin and Bear It 23:13

3 years ago23:13

23:13

Inflation, rising rates, ongoing supply chain issues and the worst first half of the year for global equities since the 1970s. What options exist for investors positioning portfolios?

Perspectives

1
Carbon Footprinting's Giant Step Forward 31:00

3 years ago31:00

31:00

The world of climate emissions’ measurement and reporting continues to be a moving target, and institutional investors face a number of obstacles. We explore these challenges, the important role of regulation and the Partnership for Carbon Accounting Financials (PCAF) standard.

Perspectives

1
ECB, FOMC, Find Out What it Means to Me 30:20

3 years ago30:20

30:20

As inflation continues to plague the EU and U.S. central bankers announced their latest moves to fight back. MSCI experts joined us to discuss policymakers’ options and a range of scenarios investors can consider to help safeguard their portfolios.

Perspectives

1
Not Sure Where Climate Risk Ends and Biodiversity Begins? Exactly. 23:06

3 years ago23:06

23:06

The production of everything from food and clothing to medicines and computer chips depends on natural resources in one way or another. At the same time, forests and other natural ecosystems remove carbon from the atmosphere and remain critical to the development of high-quality credits for offsetting emissions. How are investors confronting and accounting for nature-related risks in their portfolios? We look for answers.…

Perspectives

1
Data, Data Everywhere, but Which Drops Should I Drink? 27:26

3 years ago27:26

27:26

The tsunami of data in all its new forms creates opportunities for investors to gain an edge, but it’s all too easy to drown in it. How can new technology help investors stay afloat?

Perspectives

1
The Net-Zero Journey Begins with a Single Step 33:32

3 years ago33:32

33:32

As pressure mounts from their own constituents to decarbonize, institutional investors are looking for the companies they invest in to shift from net-zero pronouncements to concrete net-zero action plans.

Perspectives

1
Not Your Father’s Stagflation (or Is It?) 35:54

3 years ago35:54