The power of the community foundation30:52
This month, we explore the concept of the Community Foundation and how these organizations can help the charitably inclined put their resources to work for the benefit of communities around the country. Our guests are Jay Williams and Deborah Rothstein, the President and Vice President for Development for the Hartford Foundation for Public Giving, one of the oldest and largest community foundations in America. We ask Jay and Deborah to explain what makes the community foundation model so impactful, what draws individual donors, family foundations, and corporations to this approach, and what progress organizations like HFPG are making toward addressing major issues like structural racism in the Hartford community and beyond.
Comfort with discomfort - Investing through challenging markets26:18
Facing a renewed period of volatility, we talk about preparing for and behaving during challenging market conditions. We use some bad words like volatility, correction, and bear market... not to scare our listeners but to address head-on these realities of investing and to emphasize that for responsible investors there are ways to prepare portfolios and mindsets to weather the inevitable storms. For this topic, we welcome seasoned investor and close colleague Ashley Martella, Long River Wealth Management Partner and Head of our investment committee.
Year ahead 2022: A year of discovery21:29
This month on Ebb and flow, we continue our year ahead discussion, expanding from the topic of equities in our last episode to the outlook on the broader investment landscape. For this we turn to UBS Chief Investment Officer in the Americas, Solita Marcelli. Solita leads the Chief Investment Office team here in the united states and in that capacity works to bring together market and investment insights for the benefit of UBS clients around the world. In our conversation, I ask Solita about the key drivers she anticipates for 2022…a year that her team has described as playing out in two halves. I also ask Solita to take us further into the future with a look at some key opportunities and risks in the decade ahead. Not an easy question to answer, but that’s why we’re talking to one of Wall Street’s top investment experts.
The year ahead for equities29:14
This month on Ebb and flow, we are looking ahead, specifically to the year ahead for equity markets. For this outlook we turn to the Head of Equities in the Americas for UBS Global Wealth Management - one David Lefkowitz. David’s 25 year career as an equity strategist has taken him from the Warton School of Business to Credit Suisse to Goldman Sachs to, I’m thankful to say, the UBS Chief Investment Office. We ask David for his views on market drivers like economic growth, the US consumer, and corporate earnings…and on market risks like inflation, potential policy errors, and COVID itself. We also touch on broader thematic opportunities coming into focus around energy transformation and infrastructure spending and get this CFA’s thoughts on the approach to investing in markets at or near record highs.
Rock star moments to back stage boredom32:31
Michael McDonald’s professional journey began selling t-shirts on the road for a then relatively unknown Dave Matthews Band. He toured with and tour managed that act for seven years, learning the trade before co-founding a record label and then his own artist management company. That company, Mick Management, now counts among its clients talented performers such as WALK THE MOON, Leon Bridges, Carly Rae Jepsen, David Gray, Mandy Moore, Maisy Stella, and Jon Batiste – among many others. In our conversation, Michael shares the story of his first big break and also describes aspects of his work, including the complex dynamic between manager and artist, the forces changing the music industry, and the heavy psychological burdens on performers today.