Redirecting Financial Strategies to Drive Systems Change and Moving Beyond Modern Portfolio Theory: Investing That Matters 

April 13-13, 2021

12:00 am - 12:00 am

Online - Wonder

Join us for an interactive event in which you’ll have a chance to engage directly with the speakers and each other after hearing from the authors as they share their take on what’s next for the future of investing.

In 21st Century Investing: Redirecting Financial Strategies to Drive Systems Change, authors Bill Burkart and Steve Lydenberg show how institutions and individuals can go beyond conventional and sustainable investing to address complex problems such as income inequality and climate change on a deep, systemic level.  In this paradigm-shifting book, Bill and Steve articulate how system-level investors support and enhance the health and stability of the social, financial, and environmental systems on which they depend for long-term returns.

Relatedly, in Moving Beyond Modern Portfolio Theory: Investing That Matters, Jon Lukomnik and Jim Hawley tell the story of how Modern Portfolio Theory (MPT) which revolutionized the investing world and the real economy, is now showing its age.  They note that MPT has no mechanism to understand its impacts on the environmental, social and financial systems, nor any tools for investors to mitigate the havoc that systemic risks can wreck on their portfolios. It’s time for MPT to evolve.  Jim and Jon propose a new imperative to improve finance’s ability to fulfill its twin main purposes: providing adequate returns to individuals and directing capital to where it is needed in the economy.