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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Border to Coast: The problems with UK private equity

A new report published by the Border to Coast argues private equity fees and a lack of high-quality, UK-focused fund managers targeting the scale-up sector is impeding UK pension funds’ ability to invest in private equity.

Behind China’s ‘nation team’: The sovereign investors holding up the market

As aggressive US “Liberation Day” tariffs weighed on China’s stock market, Beijing rallied its most reliable financial market troops to stop its domestic equities from nosediving. This is the “national team”, a term loosely used to refer to government-affiliated funds including SWFs and state investment arms.

Malaysia’s Khazanah ramps up developed market bets

Malaysia's $34 billion Khazanah Nasional has been increasing its public and private equity exposure to developed markets for the past eight years. CIO Hisham Hamdan chats about the journey and the pivot away from the fund's traditionally emerging markets focus.

More funds consider TPA despite challenges

In January 2020, Roger Urwin laid down a call to action for asset owners and corporations to use the decade to drive greater wellbeing and wealth in the lives of their stakeholders. Now halfway through the decade, he reviews the state of play in this complicated picture.

LGPS Strathclyde invests more in impact; boasts highest funded level ever

LGPS Strathclyde, the £31 billion ($41 billion) pension fund for public sector employees in the Glasgow area is planning to increase its impact allocation to 7.5 per cent, after also celebrating its highest funded level ever.

Stable value at TRS proves ballast in extraordinary times

Texas Teacher Retirement System, the $211.6 billion Austin-based pension fund, has an asset allocation that is built to withstand the “extraordinary times” and adverse climate investors face today. The fund's 21 per cent allocation to stable value to stand the test of recession has proven most robust.

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