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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Beyond asset classes: Active credit becomes the test case for Florida’s portfolio evolution

Beyond asset classes: Active credit becomes the test case for Florida’s portfolio evolution

Florida State Board of Administration has built an active credit portfolio spanning public and private markets, CIO Lamar Taylor says the initiative could be the first step in a broader shift away from traditional asset-class investing towards a framework centred on return drivers and risk exposures.

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Global debt – the impact over the long term

This session examined the growing debt burden, borrowing from the future, and the impact on markets, the economy and asset class returns.

Distressed debt: what now after the recovery?

Is distressed an indicator of public market activities. Given the recovery in markets, what does that mean for the opportunity in distressed? Will we see a divergence in the bond and equity markets? What are the regional differences and where are the opportunities?

Portfolio construction: The growing influence of government spending on cashflows and currency in the new paradigm

This session looked at the biggest risks that asset owners are facing in this environment over the next 2-3 years as a result of the major shifts to near-zero interest rates, coordinated monetary and fiscal policy (MP3), and heightened internal and external conflict.

The financial system after Covid-19: Reinforcing the lower for longer regime or a catalyst for change

This session examined the structural trends in the financial sector that have been either amplified or altered by the COVID crisis.

Is China’s growing influence a threat or opportunity?

This workshop looked at how to navigate a worsening geopolitical situation and what it means for economic growth.

What economic transparency means to sovereign investments

A lack of transparency and sound data remain huge challenges in many emerging markets. The panel discussed the link between governance principles, asset prices, trust in government and investment volatility and what investors can do about it.

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