The fixed-income market is at a crossroads. Inflation does not appear to be a big concern, employment is strong and the U.S. Federal Reserve is expected to gradually nudge interest rates higher at a measured pace. In this vlog, Michael Kushma, chief investment officer of global fixed income at Morgan Stanley Investment Management, talks with Lauren Young, the Reuters Money editor, on ways investors can prepare for uncertainty. This Keynote interview took place at the USA 2018 Lipper Fund Awards. You can view the full list of 2018 US Lipper Fund Award winners here, and you can view photos from

In September 2015, 193 of the world’s governments adopted the UN’s sustainable development goals (SDGs) as a blueprint for changing the face of the planet by 2030. They provide a universal framework for sustainable development through 17 different goals, each targeting a different aspect of a future that ensures prosperity and environmental protection for future generations. For investors, the SDGs represent both the power that the financial world can have in supporting a transition to the UN’s vision of the future and the ability to find sustainable investment opportunities. Many of the goals – for example, climate change, water quality

Does bad corporate behavior lead to poor financial outcomes? Corporate governance failures have been easy to spot in recent years, with business headlines dominated by corporates that have failed to ensure they are run according to robust rules, guidelines and strategies. With companies held under much more scrutiny by their various stakeholders – not just limited to owners and shareholders, but also extending to their employees, the general public and beyond – there is more pressure on boards and management to have a watertight system of practices to achieve their objectives. Investors have been leant increasing powers to influence corporate

Environmental, social and governance (ESG) data is increasingly influencing how investors look at investee companies. As Detlef Glow, Lipper’s head of EMEA research, wrote in a recent blog, though the majority of investors do not invest in sustainable products, there is an increased interest in the practice as many begin to understand the importance of nonfinancial risks to a company’s long-term health. Some institutions are leading the way here, too, like Hermes, the UK-based fund manager, which actively stewards its managed and advised assets to ensure it fulfils its fiduciary duty. The institution’s head of sustainable investing, Andrew Parry, is