William Burckart
Editor’s Note: This commentary is the third in a series of essays from this author on the future of institutional investment management.
Around the world, CIOs are rethinking risk, responsibility and influence—embedding system-level awareness into investment beliefs, governance frameworks and portfolio-wide decisionmaking.
In Part I and Part II of this series, I explored how institutional investors are shifting from managing risk at the level of individual holdings to strengthening the systems that determine long-term value. Today, we turn to how that shift is playing out in practice.
System-level investing emerged from the evolution of sustainable and impact investing. My colleague Steve Lydenberg, a pioneer in this sector, and I launched The Investment Integration Project in 2015 to help investors move from analyzing company…