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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Federal Retirement Thrift: Manager boost

Five years on from a board decision to increase manager diversity, Federal Retirement Thrift Investment Board, the Washington-based defined contribution plan for US federal civilian employees is finally poised to allocate a portion of its giant $640 billion assets to a new manager for the first time.

APG’s view on accelerated change

APG's CIO Peter Branner explains how the pandemic has accelerated key trends already underway around digitization, central bank policy and action to combat climate change. It all points to fierce competition for private assets.

OTPP: Prepare for tough times ahead

Canadian pension fund OTPP's chief economist forecasts tough times ahead: COVID spending has papered of the cracks of existing problems; it yields nothing but there are few alternatives to fixed income and inflation is on the way

USS: how to manage inflation risk

USS's head of dynamic asset allocation Bruno Serfaty reflects on the inflation risk coming down the track, and suggests ways investors can build alternative liability matching portfolios beyond government bonds.

Carothers’ view: Democracy in trouble

Celebrated expert and author on democracy Thomas Carothers speaks to Stephen Kotkin on the reasons why democracy is in crisis. The solutions involve meeting the needs of alienated middle classes, strengthening institutions and policies that foster equality rather than enable elite capture, he said.

ESG data not fit for purpose

A cohort of ESG experts argued that the current data and research available for investors is lacking. Elsewhere they urged investors to engage with corporate boards to encourage change.

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