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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TIFF plays the long game in venture capital

The $9 billion asset manager for 500 US endowments and foundations, TIFF, is famed for its PE and venture capital allocation. Head of private markets Brendon Parry reflects on his priorities, including navigating the winners and losers of AI, and leaning into independent sponsors and relationships with the best managers.

Danish investors shun the US but complete divestment ‘unlikely’

Danish pension investors are pulling capital out of US Treasuries amid tensions around Greenland, but a complete divestment from the world’s biggest market will hurt Danish funds’ performance and ultimately their pensioners more than the US government’s balance sheet.

Can risk 2.0 save us from crises yet to come?

In this regular column from WTW's Thinking Ahead Institute, researcher Andrea Caloisi explores two potential risk events in the future and how a more interconnected risk mindset, or 'risk 2.0', can protect us from them.

Railpen ups infra allocation; commodities investments get the green light

Railpen will ramp up its infrastructure allocation and take on more core-plus and value-add assets to complement its existing core exposures. It also received the nod to a commodities allocation which director of total portfolio investments John Greaves believes is a hedge to inflation and uncertain central bank policies.  

Dutch DC reform: Eyes on the bond markets as funds step up risk

The Dutch pension sector's switch to a defined contribution system will have big consequences for Europe’s bond market, as funds push up the risk curve with their investment strategies. It comes at a time when European governments face record funding needs.

CPP Investments on how AI redefines core investing roles and processes

CPP Investments’ trials show AI agents can handle key investment tasks end-to-end. In an interview, chief operating officer Jon Webster says tight governance, and the right human oversight, is the difference between breakthroughs and mistakes.

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