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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Why traditional investment committees can amplify group biases

Why traditional investment committees can amplify group biases

Investment committee meetings, a governance cornerstone at every asset owner organisation, run the risk of amplifying group biases and social dynamics, and can push the IC towards recommending more extreme investment positions collectively than the average of their individual views. Bernhard Scherer, head of portfolio implementation at ADIA, unpacks the thesis in a new paper.

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It’s actions not words that count in the energy transition

Investors that want to address the low carbon transition as a potential investment theme should build an investment process that helps them focus on tangible investments being made by companies, not just pledges made on paper, the Fiduciary Investors Symposium at Stanford University has heard.

The hands and feet of AI and the renewable energy transition

A foundation stone of the transition to renewable energy - semiconductors - is paradoxically a major contributor to the problem it’s helping to solve. How asset owners think about investing in a solution that is also part of the problem is a challenging and complex task.

AI could be ‘as big as the internet’ for investors

After a slow and steady research and development phase, the “big bang” moment of last year’s ChatGPT launch will kick off a slew of innovations that could rival the internet for their profitable application to investible businesses, says tech equity analyst Owen Hyde of Jennison Associates.

How science is literally changing how we see the world

Breakthroughs in understanding the function of the brain have opened up a host of possibilities for expanding humanity’s perception of the world around us – and investable commercial opportunities one of Stanford University’s most esteemed scientists told delegates at Fiduciary Investors Symposium.

Pension CIOs re-evaluate China exposure

The CIOs of three global pension schemes have told the 2023 Fiduciary Investors Symposium they are re-evaluating or reducing their exposure to the world’s second largest economy as tensions between the US and China escalate. But they are resisting total divestment to a country that still dominates emerging markets benchmarks.

CalSTRS positions to take advantage of energy transition

CalSTRS has recognised the unique opportunity presented by the energy transition needs a unique response and its Sustainable Investment and Stewardship Strategies (SISS) portfolio has been specifically positioned to invest in opportunities that fall between private equity and infrastructure asset class buckets.

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