Manage episode 273075881 series 2796200
The world is awash with capital, why aren't companies reinvesting in innovation to jump start the economy?
The Forum for Growth & Innovation is led by Professor Clayton Christensen at Harvard Business School. In this series we explore what Clay calls "The Capitalist's Dilemma" with various people in the field, academia and within our own ranks. In this installment we talk with one of our senior research associates Curtis Arledge, former CEO of BNY Mellon Investment Management, and head of its Markets Group. Prior to BNY Mellon, he was chief investment officer for fundamental fixed income portfolios at BlackRock, Inc. He joined BlackRock from Wachovia Corporation and was a founding member of Mariner Investment Group, specializing in fixed income arbitrage trading. Curtis was also a member and Vice Chair of the U.S. Treasury Department’s Treasury Borrowing Advisory Committee. He began his career as an analyst with Salomon Brothers.