In this FI15 podcast episode hear Lori Heinel, Global CIO at State Street Global Advisors, and Yann Le Pallec, Global Head of Rating Services at S&P Global Ratings, discuss key global economic trends and investment strategies with host Joe Cass. Topics include client engagement, investment opportunities, ESG considerations, public speaking tips, personal challenges in the industry and the role of AI in investing. Sign-up here to be notified as soon as future episode are published View the...

Embrace the future of finance and dive into an insightful discussion with Wei Li, Global Chief Investment Strategist at Blackrock, and Martina Cheung, President at S&P Global Ratings. Together, they dissect the 2024 market landscape, offering expert perspectives on emerging trends, AI integration, and leadership insights. Sign-up here to be notified as soon as future episode are published View the series so far here

Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners, joined Doug Peterson, CEO at S&P Global and host Joe Cass on this episode of Fixed Income in 15. Discussion focused on how to build a culture of success in business, the evolution of GenAI, the growth of private markets and the guests experience of growing up in New Mexico and Colorado. Sign-up here to be notified as soon as future episode are published View the series so far here

Andrew Howard, Global Head of Sustainable Investment at Schroders and Christa Clapp, Managing Director at S&P Global Rating join host Joe Cass on this episode of Fixed Income in 15. Discussion focused on sustainable finance, the climate financing gap, Christa’s experience building Shades of Green and the future of green bonds. Sign-up here to be notified as soon as future episode are published. Sign-up here to be notified as soon as future episode are published View the series so far here

Ex-U.S. Treasury Secretary Larry Summers and S&P Global Ratings' Global Chief Economist Paul Gruenwald join host Joe Cass on this episode of Fixed Income in 15. Discussion spans the rise and fall of inflation, working with U.S. Presidents, how to create an economic narrative and Larry’s experience being diagnosed with and surviving cancer. Sign-up here to be notified as soon as future episode are published View the series so far here

We're joined by credit analysts Casper Andersen to discuss how covered bonds could ease the pain in European commercial real estate (CRE), which has been struggling with inflation and rising interest rates. First, we go into the price trends of different CRE segments. We touch on covered bond rating performance. Finally, we talk about the potential for covered bond funding, which varies significantly depending on the covered bond issuer and jurisdiction, and green covered bonds, which may...

Daniel Yergin, Vice Chairman at S&P Global, Pulitzer-Prize winning author and founder of CERA, joins host Joe Cass on this special 1-on-1 episode of Fixed Income in 15. Topics included Dan’s newest book ‘The New Map’, challenges of the energy transition, founding Cambridge Energy Research Associates in 1983 and his experiences advising multiple U.S Presidents. Sign-up here to be notified as soon as future episode are published View the series so far here

Mary Pryshlak, Head of Investment Research at Wellington Management, joined Alexandra Dimitrijevic, Global Head of Research & Development at S&P Global Ratings and host Joe Cass on this episode of Fixed Income in 15. Discussion focused on the potential role of Generative AI in credit research, leadership experiences from Alexandra and Mary and books that have fundamentally changed our guests' lives. Sign-up here to be notified as soon as future episode are published View the series so...

Saira Mailk, CIO of Nuveen joins Ruth Yang, Global Head of Thought Leadership at S&P Global Ratings and host Joe Cass on this episode of Fixed Income in 15. Discussion focused on Saira’s experience breaking into finance, the next big risks for investors, Ruth’s leadership experience and Saira and Ruth’s strategies when educating their children on finance. Sign-up here to be notified as soon as future episode are published View the series so far here

We're joined by Mathias Herzog to discuss how the risk for the commercial real estate (CRE) loans we monitor in European CMBS has shifted to refinancing risk from term risk due to rising interest rates. We touch on default and refinancing risk on some of the loans in our surveillance book that are about to mature, as well as what would happen if a loan defaulted. We also break down the performance outlook of European CMBS deals by sectors. Related Articles: European CMBS Faces Crunch Time...

David Rubenstein, Co-Founder of The Carlyle Group joins Adam Kansler, President at S&P Global Market Intelligence and host Joe Cass on this episode of Fixed Income in 15. Topics included private market valuations and data, interest rate trajectories, David’s new book “How To Invest”, biggest investing regrets and anecdotes from David’s investing career. Sign-up here to be notified as soon as future episode are published View the series so far here

Expanding on our covered bond market coverage, Casper Andersen joins us to provide some insights into the Danish and German markets, which are the largest and second-largest in Europe, respectively. We give an overview of each market's adopted legal frameworks, key characteristics, and collateral securing their covered pools. We also discuss how inflation and mortgage markets affect these covered bond markets. Related Articles: Danish Covered Bond Market Insights 2022 German Covered Bond...

Chamath Palihapitiya, global tech investor and Founder of Social Capital and Naveen Sarma, Senior Director at S&P Global Ratings covering U.S Media & Entertainment joined Joe Cass on this episode of the podcast. Discussion spanned investment philosophy, how playing poker can assist prospective investors, the future of streaming and the importance of mental health. Sign-up here to be notified as soon as future episode are published View the series so far here

Joyce Chang, Chair of Global Research at JP Morgan joins Alexandra Dimitrijevic, Global Head of Research & Development at S&P Global Ratings and host Joe Cass on this episode of Fixed Income in 15. Discussion focused key themes that may affect financial markets in 2022-23, the evolution of ESG when thinking about an energy crisis, the impact of DeFi on TradFi and Joyce’s advice for young women pursuing a career in finance. Sign-up here to be notified as soon as future episode are...

In this episode, host Corrine Bendersky is joined by S&P Global Ratings analyst and lead sustainable finance expert Beth Burks. They discuss Beth’s latest commentary, “Purchased Energy Emissions In ESG Evaluations And Sustainable Financing Opinions.” This commentary clarifies the approach that S&P Global Ratings Sustainable Finance Group takes when evaluating scope 2 emissions. The two discuss challenges in greenhouse gas (GHG) accounting and the group’s views on the effectiveness of...

In this week’s episode of Take Notes, hosts Tom Schopflocher and Jim Manzi discuss their recently published chartbook: U.S. Structured Finance Snapshot: The Health Of U.S. Consumers. Topics include U.S. macroeconomic conditions, consumer ABS, housing/RMBS, and non-agency multifamily CMBS, and how the trends in asset classes reflect the health of U.S. consumers. Related Article: U.S. Structured Finance Snapshot: The Health Of U.S. Consumers

Credit quality has proven resilient as some credit measures return to (or in some sectors are better than) pre-pandemic levels. Nevertheless, risks are weighted to the downside as profit growth momentum and macroeconomic activity slow. In this episode of The Upgrade podcast Hanna Zhang and Minesh Patel discuss key highlights from our recently published article titled “ U.S. Leveraged Finance Q2 2022 Update: Corporate Borrowers Brace For Slow-Growth Recession ”.

In this edition of Cracking & Fracking, Tom Watters interviews Mike Grande, Sector Lead for U.S. midstream and refining. The topics include the outlook for both sectors as well as discussions on the BB+ crossover candidates and the likelihood for upgrades to investment grade.

Following the implementation of the EU Covered Bond Directive, analysts Casper Andersen and Ana Galdo join us this week to discuss the journey European covered bonds have been on to harmonize. We go over some key elements of the legislation, recap the harmonization timeline so far, and discuss what the directive means for covered bonds going forward. Related Article(s): European Covered Bonds Reach Harmonization Milestone As The Journey Continues , July 12, 2022 Spanish Covered Bonds:...

In this episode, host Mike Ferguson is joined by S&P Global Ratings analyst Nora Wittstruck, Senior Director and ESG Sector Leader of U.S. Public Finance. They discuss Nora’s latest commentary on the impact on U.S. local government credit ratings from property & casualty insurance premiums, which are skyrocketing due to physical climate risks. Nora reveals that, in the long-term, insurance costs could drive up the cost of home ownership, leading to economic stagnation or even a...

In this episode of Cracking & Fracking, we delve into some of the frequently asked questions posed by investors from a recent investor road show. Topics discussed are the general macro trends for oil and gas as well as certain individual credits in the E&P space, particularly with respect to cross over candidates.

This episode of Cracking & Fracking summarizes the key topics raised by investors from a recent road show by analysts from S&P Ratings Chemical’s team. The topics center around the outlooks for some Chemical subsectors as well as cross over credits.

Legendary investor Howard Marks, Co-Founder of Oaktree Capital Management, joins Sally Moore, Global Head of Strategy, M&A and Partnerships for S&P Global and host Joe Cass on this episode of Fixed Income in 15. Discussion focused on Howard’s relationship with Warren Buffett, Sally’s experience of the recent $140 Billion S&P Global-IHS merger, Howard’s process for writing his world famous memos and the psychology of investing in choppy markets. Sign-up here to be notified as soon...