Most Powerful Women in Finance: Joyce Chang, J.P. Morgan
Chair, Global Research
As head of J.P. Morgan's award-winning research operation, Joyce Chang has been at the forefront of analyzing the investment implications of everything from climate change to blockchain technology to trillion-dollar deficits to negative yields.
And investors want to hear what Chang has to say. She has been a ubiquitous presence on CNBC, Bloomberg and other leading financial media outlets for years and her social media posts and podcasts have attracted more than half a million views.
The pandemic has only heightened investors' appetite for information. In the first five months of 2020, viewership for electronically presented global research from JPMorgan Chase's investment banking arm had already surpassed 2019 totals, registering more than 1 million views across various digital channels.
Chang said the coronavirus pandemic is speeding up innovation in institutional investment strategy and analysis.
"The shift to using big data and alternative data has accelerated under COVID-19 and is changing the nature of the indicators that we use to make our economic forecasts and strategy recommendations," she said.
Her team has augmented its pool of big-data points to include environmental, social and governance dimensions so that analysis can better accommodate discussions around areas of income inequality and other risk factors for emerging markets that may be tempted to open up their economies too rapidly under pandemic conditions.
Chang serves on the board of directors of Trickle Up and Girls Inc.; is a member of the Council on Foreign Relations and the Inter-American Dialogue; and is a Foreign Policy Association fellow.