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Usman Hayat, CFA

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150 Posts

Biography

Usman Hayat writes about sustainable, responsible, and impact investing and Islamic finance. He is the lead author of "Environmental, Social, and Governance Issues in Investing: A Guide for Investment Professionals", and the literature review, "Islamic Finance: Ethics, Concepts, Practice." He is interested in online learning and has directed three e-courses for CFA Institute: "ESG-100", "Islamic Finance Quiz", and "Residual Income Equity Valuation." The other topics he writes about are macro-economics and behavioral finance. Previously, he was a content director at CFA Institute. He has experience of working in securities regulation and as an independent consultant. His qualifications include the CFA Charter, the FRM designation, an MBA, and an MA in Development Economics. His personal interests are reading and hiking.

Author's Posts
The Case against Investing in Tobacco

Dr. Bronwyn King, founder and CEO of Tobacco Free Portfolios, presents her case for not investing in tobacco manufacturers, in an interview with Usman Hayat, CFA.

Climate Change and Financial Stability: Which Risk Is Most Critical?

No word resonates more with investment professionals than "risk," and climate change is becoming the risk of the 21st century. As the threats posed to financial markets by climate change are understood with greater clarity, some investors seem to be taking note.

Climate Change and Investment Decisions: Selected Reading

How can institutional investors integrate climate change into their investment decisions? It's a challenging question certainly, and some would expect it to remain unanswered — or be relegated to obscure academic papers. On the contrary, it is a question that is being addressed head on by investment practitioners. Here is a list of five publications from 2015 that directly take on the challenge of climate change and investing.

Will You Buy Stocks in Post-Sanctions Iran?

The financial media is abuzz with news about Iran. Many investors are wondering: If and when sanctions are eased in the first quarter of 2016, will Iran’s listed equities present an attractive investment opportunity?

Crowdfunding Needs Regulation to Scale Up

The young and rapidly evolving field of crowdfunding is democratizing investing like never before, making finance — donations, debt, equity — available where it wasn't previously. But to scale up, regulations need to be adopted, says Lars Kroijer.

ESG Education: Bridging the Gap for Better Informed Investment Decisions

For investment professionals, a key idea in the discussion of ESG issues is that systematically considering ESG issues will likely lead to more complete investment analyses and better-informed investment decisions.

Has Global Debt Become Unsustainable?

During the global financial crisis, excessive debt was the principal disease. It also turned out to be the principal cure. Whether it was called quantitative easing (QE) or something else, it all meant the same thing: increased debt — both in absolute terms and relative to GDP.

The Volkswagen Disaster: Could Analysts See It Coming?

Volkswagen share prices fell by more than 20% this week amid an emissions scandal that affects 11 million cars worldwide. It has triggered a critical question: Could analysts have seen it coming?

Sustainable Investing and Fiduciary Responsibility: Conflict or Confluence?

An interview with David Blood reveals why sustainability is integral to fiduciary duty.

Impact Investing: Five Videos to Watch

Impact investing is punching way above its weight, attracting the attention of the news media and investors as well as politicians, academics, and even the pope. As interest has expanded, the need for curated video content on the subject — content that is suitable for investment professionals — has grown increasingly clear. With this in mind, I have compiled five of the most informative and useful videos on impact investing.