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.

Sponsored Content

Leave a Comment

Why traditional investment committees can amplify group biases

Why traditional investment committees can amplify group biases

Investment committee meetings, a governance cornerstone at every asset owner organisation, run the risk of amplifying group biases and social dynamics, and can push the IC towards recommending more extreme investment positions collectively than the average of their individual views. Bernhard Scherer, head of portfolio implementation at ADIA, unpacks the thesis in a new paper.

Sort content by

Norway aims for ‘green’ returns

The Norwegian government is trying to balance financial returns with sustainable development in regulating the GPFG, and the possibility of applying this model to other sovereign wealth funds (SWFs) and institutional investors in general. In this paper for the University of Oslo, Adjunct Professor Anita Halvorssen argues that sustainable development needs to be included in

Tail risk hedging should be part of broader strategy

With bond yields at historic lows, particularly in the US, pension funds have been searching for new forms of downside protection to reduce tail risk, boosting demand for certain types of hedge funds in the process. In the US, too, where demand is invariably met by a quick supply of new products, specialist ‘tail-risk funds’

Endowment funds turn to alternatives

Foundation and endowment funds are allocating the largest percentage of alternatives to their portfolios, with public funds coming second ahead corporate plans in third place.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

The case for a new look at global benchmarks

Indexes are important for pension funds. They benchmark the fund’s performance against goals and peers. They allow the fund’s managers to be measured and often times they decide the managers’ remuneration. You would think, then, that there must be a lot of science behind their use.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Asia Pacific funds passport gathers momentum

State Street has thrown its weight behind the proposal for the Asian Pacific region to collaborate on development of an ‘Asian Funds Passport’ to facilitate the growth of locally domiciled managed funds.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Private equity is not an asset class: Siguler

Is private equity an asset class? George Siguler (pictured), a doyen in the field, a former head of alternative investments for the Harvard endowment that formed his own firm, and a pioneer of unlisted investments in the BRIC countries, thinks not. He spoke with Greg Bright about the state of play in private equity. George

Previous