Lazard's Jacobs: Expect More Incentives for Green Investing

The video discusses the evolving landscape of asset management, focusing on the shift towards ESG investing. It highlights the challenges and opportunities in both defensive and offensive investment strategies, particularly in the context of market volatility and the transition to renewable energy. The role of government in setting standards and the importance of international cooperation are emphasized. Lazard Freres' efforts in ESG and climate initiatives are also explored.

What demographic shift has impacted the asset management business?

• A shift towards short-term trading strategies

• A shift towards investing in technology stocks

• A shift towards value-based spending and investing

• A shift towards investing in emerging markets

What is the current focus of most asset management in relation to ESG?

• Offensive investing in green technologies

• Defensive investing around ESG

• Investing in fossil fuels

• Investing in emerging markets

What potential crisis did Al Gore mention regarding fossil fuel assets?

• A financial crisis

• A climate subprime crisis

• A demographic crisis

• A technological crisis

What role can the government play in ESG investing?

• Setting standards for disclosure

• Investing in fossil fuels

• Reducing taxes on green projects

• Promoting short-term trading

Why is international cooperation important in ESG investing?

• To promote fossil fuel investments

• To reduce investment in green technologies

• To increase competition

• To avoid protectionist regimes

What is a key factor in measuring progress in ESG investing?

• The number of green projects

• The level of government intervention

• The cost of capital

• The ability to measure and manage

What initiative is Lazard Freres launching to focus on ESG?

• A fossil fuel research group

• A climate center

• A new investment fund

• A technology incubator