In January 2020, Gsf and Morgan Stanley Research collaborated to hold the first-ever Cross-Divisional Forum on Climate Change, which drew together experts from various Morgan Stanley businesses to discuss climate-related risks and opportunities. The divisions comprised Investment Banking, Global Capital Markets, Institutional Equities, Fixed Income, Public Finance and Commodities - Wealth Management joined by Wealth Management Investment Resources and Capital Markets - Investment Management joined by portfolio managers from Private Credit and Equity, Real Assets and Alternative Investment Partners.