Linda Gruendken: Cycling in Cambridge and the randomness of markets

I chat with Linda, the lead scientist from GAM Systematic CANTAB, and recently named as one of the top 50 women in the hedge fund industry. We have a fascinating conversation about the difference between quant and systematic approaches, and the vast uncertainty of financial markets. We talk about the usefulness of machine learning models and the critical role that investment horizon plays.

Nothing on this podcast is to be considered investment advice or a recommendation. No investment decision or activity should be undertaken without first seeking qualified and professional advice.

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Finland’s Elo: Larger equity allocations promise new media scrutiny

Finland’s Elo: Larger equity allocations promise new media scrutiny

As Finland's pension funds prepare to increase their equity allocations to unprecedented levels compared to global peers, they must also navigate a new and unfamiliar risk. Elo's chief investment officer Jonna Ryhänen explains the fund's investment approach going forward and how it will manage stakeholder and media scrutiny as they react to swinging volatility and returns.

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CalPERS next CIO: 55 applications so far and counting

The numbers behind CalPERS hunt for a new CIO: 55 applicants so far; a $300,000 budget to secure a candidate; and a process of candidates submitting to 40-odd checks including credit checks and social media history.

Long term investors must focus on transition not divestment at COP28

Investors and corporations will arrive in Dubai for COP28 later this month, and the world is depending on them to recognize and address a paradox: ordinary net zero 2050 commitments are one of the biggest threats to achieving net zero carbon emissions in 2050. FCLTGlobal’s Matthew Leatherman explains.

Why a successful transition to a low energy world is likely within 20 years

The world is shifting from a regime where climate change is viewed as a shared burden or a hot potato, to one where it is a “business opportunity that everyone should be scrambling to make money from,” according to Oxford Professor J. Doyne Farmer, citing probabilistic assessments by his team.

Net zero targets drift out of reach but dynamic change is still possible

Net zero emission targets may cover most of the global economy, but the world is not going to deliver on its net zero promises, warned Oxford University’s Cameron Hepburn, speaking at Sustainability in Practice.

Abundant opportunities in dynamic, decentralised energy generation

The world is shifting from having very few centralised power stations feeding electricity into the grid, to a more dynamic market with abundant opportunities for investors, according to Alex Brierley, co-head, Octopus Energy Generation.

How to rewrite Modern Portfolio Theory to integrate climate risk

When it comes to climate risk, traditional scenario analysis leaves investors with more questions than answers and omits uncertainty around physical risk and the interaction between physical risk, inflation and tipping points. Investors need to abandon modern portfolio theory and find a new approach that focuses on short-term scenarios.

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