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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APG’s Wuijster reflects on investing more in defence

APG Asset Management, the largest pension fund provider in Europe, considers the arguments for investing more in defence alongside positioning the portfolio for more impact and infrastructure investment.

Afore SURA: Mexico’s pension fund muscles in on the big deals

CIO Andrew Moreno charts the growth of $60 billion SURA Mexico, which sits on 20 limited partner advisory committees and has helped steer government policies. It is opening the door to strategies that would normally be out of reach for Mexican savers, some of whom only have $5000 in savings.

Mercer global CIO flags ‘crisis of confidence’ in US market

The global CIO overseeing Mercer's $600 billion OCIO unit, Hooman Kaveh, has been advising clients to rethink the role of US assets in their portfolios by diversifying currency base and incorporating more active management. Speaking to Top1000funds.com, he warns of a “crisis of confidence” in the world’s largest capital market.

Can we ‘circle’ our way out of this mess?

A circular economy keeps materials circulating in their highest value use. Co-founder of the Thinking Ahead Institute, Tim Hodgson, recently hosted a working group who debated whether it is a necessary – or even possible – component of the climate transition.

Sweden’s FTN scouts for domestic, European small cap managers

Nordic pension giant the Swedish Fund Selection Agency (FTN) is on the hunt for active Swedish and European small cap equity managers in a SEK 46 billion ($4.6 billion) tender. It comes as asset owners revisit small cap strategies as a useful diversification from US mega cap equities.

Previ: How high interest rates put profitability before diversification

Brazil's high interest rates mean the nation's oldest pension fund, Previ, has put profitability before diversification for years. CIO Claudio Goncalves is determined to change that, and is about to green light new allocations to US equity.

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