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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Impact investing’s case for scale

Impact investing’s case for scale

Impact investing has come a long way in the past two decades, going from a niche strategy to a $1.5 trillion industry, but there are still challenges for it to reach institutional scale due to the lack of products and insufficient evidence of outperformance in some parts of the market.

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Inflation in 2010 and beyond

The second paper by AQR examining inflation considerations in institutional asset allocation finds an equal risk-weighted portfolio performs better on average and is less dramatically affected by individual inflation and growth scenariosmrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

AP1 doubles alternatives

The Swedish AP1 will nearly double its alternatives allocation in the coming months with plans to invest up to $1.5 billion in hedge funds for the first time.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Hewitt Ennis Knupp nuptials redefine consulting

The acquisition of Ennis Knupp by Hewitt Associates, which will see the retirement of its founder Richard Ennis, is a defining moment in the investment consulting world, as clients demand the closer alignment of liability and asset management and greater attention to alternative asset research. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Ahoy! Opportunities in dock for shipping investors

Investing in ‘distressed shipping’ is a variation of the current capital scarcity theme, Mercer says. (click on the photo for more…)mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Systematic rebalancing is not necessarily best way to go

The value of systematic rebalancing of portfolios to bring them back closer to strategic allocations has been questioned in new research by Morgan Stanley.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

If macro is back, who you gonna call?

Is stock picking dead? Fiduciary investors should be starting to wonder, given the cross-sectional volatility of markets over the past three years. But this seems counter-intuitive. Managers have told us we are in a “stock-picker’s paradise”.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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