Jason White, Lead Portfolio Manager, Artisan Global Discovery Strategy, Artisan Partners | Jason discusses what makes the current environment attractive for investing in global SMID-caps, the role IPOs play in the investment process and the role strategic acquisitions play in driving returns for SMID-cap investors.
Listen to the full interview which covers:
- What makes the current environment attractive for investing in SMID-cap stocks?
- How do you evaluate liquidity challenges in SMID-caps globally?
- What role do IPOs typically play in your investment process, and how frequently do they present opportunities for SMID-cap investors?
- How do you respond to the view that many of the most compelling small-cap companies are now in private equity hands?
- How significant are takeovers or strategic acquisitions in driving returns for SMID-cap investors, and do you ever invest with the expectation of a transaction?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Charlie Hill, Global Equity Senior Portfolio Manager, Mondrian Investment Partners | Charlie outlines Mondrian’s approach to finding value in global equity markets over a long-term time horizon. He shares their approach to managing volatility, constructing portfolios with consistency, and navigating differences across regions and sectors. He also highlights the distinct characteristics that define Mondrian’s philosophy, which set it apart from peers: stability, discipline and consistency.
Listen to the full interview which covers:
- Can you describe Mondrian’s approach to findingvalue in equity markets?
- How do you avoid the increased volatility that isoften associated with value equities management?
- How do you build and manage your equity portfoliosto deliver consistent characteristics?
- How do you deal with differences between equitymarkets and sectors, and are there areas you completely avoid?
- What are the key attributes of Mondrian and itsapproach to equities investing that set it apart from peers?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Jon Landis, Managing Director & Dan Weeks, Managing Director & Team Lead, BMO Sponsor Finance | Jon and Dan discuss why it is important to have direct origination capability in private debt, the role of PE sponsors in deal sourcing and how investor expectations are evolving around alignment and co-investment. They also discuss where they see best relative value in private debt globally, investor perceptions vs reality in US middle market and why fixed income investors are increasingly looking to private credit opportunities.
Listen to the full interview which covers:
- Why is direct origination capability important in private debt?
- Why do you value deal sourcing from Private Equity Sponsors in undertaking your direct lending activities?
- How do you view the relative value between North American, European and Asian, including Australian, private debt in the current environment?
- What do you find to be the biggest disconnect between investor perceptions and the reality of the US middle market?
- When it comes to direct lending, how are investor expectations evolving around alignment and co-investment?
- Why do you think fixed income investors are increasingly looking to private credit opportunities?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Peter Magee, Chief Investment Officer, MRB House Family Office | Peter discusses the family office’s investment model, the governance frameworks overseeing their investment program and their core investment capabilities. He shares how his organisation benchmarks their returns and their preference for investing through externally managed funds vs direct investing.
Listen to the full interview which covers:
- How would you describe the investment model of MRB House Family Office?
- What governance frameworks oversee your investment program?
- What would you say are the core capabilities of MRB House Family Office?
- How do you benchmark the returns you generate?
- Do you have a preference for undertaking investment through externally managed funds, or direct investments?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Ralph Berkien, Head of Fixed Income Client Portfolio Management, Robeco | Ralph explains why Australian investors should consider a systematic approach to investing and the fixed income asset classes where it can best be applied. He compares systematic fixed income to passive strategies and discusses why systematic investing is well suited to decarbonising fixed income portfolios.
Listen to the full interview which covers:
- Why should Australian investors consider a systematic approach to fixed income investing?
- In which fixed income asset classes can systematic investing be applied?
- How does systematic fixed income compare to passive strategies?
- Why is systematic investing well suited to decarbonising fixed income portfolios?
- Is there a risk that systematic models overlook certain risks
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Marissa Salim, Senior Research Lead, APAC, World Gold Council | Marissa discusses global gold demand trends, what the drivers are behind the growing appetite for gold and who the key market players are. She also examines the role gold can play in investor portfolios and how it can complement other asset holdings.
Listen to the full interview which covers:
- What are the global demand trends for gold and who are the key players?
- What is driving the growing demand for gold?
- What is the outlook for gold?
- What are the common myths and important facts about gold that investors should be aware of?
- What role does gold play in portfolios and how does it complement other asset holdings?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Steven Gray, Head of Global Emerging Markets and Regional Asia Value Equities, Eastspring Investments | Steven explains why emerging market equites remain strategically relevant for investor portfolios, despite a challenging decade. He discusses why EM faces a pivotal moment in the current environment, with structural reforms and global shifts under way, attractive valuations and the persistence of tailwinds despite tariffs.
Listen to the full interview which covers:
- Does the disappointing performance of Emerging Markets over the last 10 years suggest it is no longer as relevant for inclusion in pension fund mandates?
- What makes now a pivotal moment for EM equities?
- Why do you think the China equity market can be supportive to EM post the recent rally?
- Do the tailwinds supporting EM remain valid in this new world of tariffs?
- What should investors consider when increasing exposure to EM equities?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Ray Carroll, Chief Investment Officer – Breton Hill, Managing Director, Neuberger Berman | Ray explains what tax managed investing is, why it is of interest to family offices and how it applies to active and passive equities strategies. He discusses what’s supporting the growth in tax managed active extension strategies in equities and shares the main investment trends he is observing among global family offices.Listen to the full interview which covers:
- What are the biggest investment trends that you are seeing among family offices globally?
- What is tax managed investing and why is it of interest to family offices?
- Does tax managed investing apply to active equity strategies, or just passive index investments?
- What’s behind the growth in tax managed active extension strategies in equities investing, such as 130/30?
- What do Australian family offices need to know about tax managed equities investing?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Alicia Li, Product Strategist, Real Estate, PIMCO | Alicia shares her perspectives on the key trends shaping the US commercial real estate market, why real estate debt presents a compelling opportunity for investors today and how it can complement other areas of private credit. Alicia also discusses the lessons learned over her extensive career navigating US commercial RE markets and how those learnings have shaped her approach today.
Listen to the full interview which covers:
- What are the key trends currently shaping the commercial real estate market, and how do you see them evolving over the next few years?
- Why is real estate debt a compelling opportunity for investors today?
- How competitive is the US commercial real estate market and how is PIMCO positioning itself to capture opportunities
- How does commercial real estate debt complement other areas of private credit and what should be considered when allocating?
- What lessons learned have shaped your approach to investing in US commercial real estate?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
David Rosenberg, Managing Director and Co-Portfolio Manager, Oaktree Capital Management | David shares his perspectives on the relative value of credit versus equities in a higher-yield environment, he discusses pockets of credit markets offering best-in-class opportunities and the drivers behind the rise of multi-asset credit.
Listen to the full interview which covers:
- How would you compare the value proposition of credit versus equities, in the current environment?
- What factors are most important for successfully investing in sub-investment grade credit?
- To what do you attribute the rise in popularity of multi-asset credit?
- Where are you finding best pockets of value across credit markets?
- Where are you seeing risks forming across credit markets
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, includingpotential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Andrew Gowen, Portfolio Manager & Director of Research, Bell Asset Management | Andrew explores the case for including small and mid-cap (SMID) equities in diversified portfolios and the structural growth advantages that SMID caps offer.
Listen to the full interview which covers:
- Why do you advocate for SMID caps inclusion in equity portfolios?
- What are the growth figures that underpin SMID cap equities that support your thesis for their inclusion in equity portfolios?
- Why have SMID caps recently endured a period of underperformance?
- What’s to come in SMID cap equities?
- What are the key risks for equities investors to consider that may or may not impact the SMID cap segment?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, includingpotential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general innature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
John Liguori, Chief Investment Officer, Middle Market Direct Lending, Jefferies Credit Partners (JCP) | John shares how Jefferies Credit Partners leverages its relationships in direct lending origination through its shareholders and how that enables them to stand out in a competitive market, in terms of their approach and access to best-in-class deals and navigating opportunities through volatile market conditions.
Listen to the full interview which covers:
- Tell us about Jefferies Credit Partners in terms of where you invest and some of the characteristics of your investment portfolios?
- How does the relationship with your two shareholders MassMutual and Jefferies help your overall business and investment strategy?
- What should investors be looking for when picking a private credit manager in a crowded space?
- How do you think about building private credit portfolios that can sustain a period of volatility?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Andrew Miller, Managing Director, Residential Credit, Pretium Partners | Andrew discusses US residential credit and why investors should be paying attention to economic developments reshaping the opportunity set in what is a large, diverse and non-correlated asset class. He shares the structural and cyclical trends driving the asset class, and the skills investors should be looking for in an investment manager to achieve success in residential credit.
Listen to the full interview which covers:
- What makes US residential credit an interesting asset class for investors to consider including in their portfolios?
- How is the current economic environment impacting US residential credit?
- What are some of the key trends in US residential credit that are driving investment opportunities?
- What are the key capabilities an investment manager needs to have to achieve success in residential credit?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Edwin Wilches, Co-Head of Securitised Products, PGIM FixedIncome | As investment in the private credit asset class continues to evolve, private ABF has a key role to play as the next wave of bank disintermediation unfolds. Edwin discusses how asset-based finance distinguishes itself within the broader private credit landscape, the opportunity set the asset class offers investors and how to assess risk and avoid unintended exposures in portfolios.
Listen to the full interview which covers:
- Can you explain the major drivers behind the growing interest in private credit as an asset class?
- How does asset-based finance distinguish itself within the broader private credit landscape?
- Some concerns raised by investors in private ABF and(public) ABS is the lack of visibility on underlying credit risks. How do you assess those risks and avoid getting unintended exposures?
- What trends or opportunities do you see evolving within the asset-based financing space for investors?
- How can middle-market borrowers benefit from asset-based finance, especially compared to more traditional credit options?
- What risks should investors stay mindful of when engaging with asset-based finance in the current economic environment?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Gareth Abley, Co-Head of Alternative Strategies, MLC Asset Management | Gareth shares his insights from nearly two decades investing in Insurance Linked Securities as an institutional investor, discussing what makes the asset class structurally attractive in the current environment, how to implement a successful exposure and the pitfalls for investors to avoid along their journey navigating the asset class.
Listen to the full interview which covers:
- What are some unique features of Insurance Linked Securities that make it an attractive asset class for institutional investors, especially in the context of diversifying portfolios?
- What drives the positive expected return in Insurance Linked Securities and what are some of the key risks investors need to be attuned to?
- Could you explain the differences between public andprivate Insurance Linked Securities? What unique opportunities does each segment present for investors?
- How would you rate the attractiveness of Insurance Linked Securities today compared to the last 17 years you have been investing in the space?
- What are some of the key tricks to implementing a successful exposure to Insurance Linked Securities?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Robin Doumar, Founder & Managing Partner, Park SquareCapital | Robin shares his unique insights on the opportunity set in private credit today across Europe and the US, including how investors may consider positioning their portfolios in the current environment. He provides his perspectives on how LPs can guard against missteps when investing in the asset class to keep loss rates to a minimum and discusses how investors can distinguish between what a good vs a bad credit look like.
Listen to the full interview which covers:
- As a credit investor, how are you positioning your portfolio in the current environment?
- How would you characterise the opportunity set in credit today in Europe vs. the US?
- How did you first figure out what good credit versus bad credit looks like?
- Your loss rates are best in class, what do you attribute that to?
- With the flow of capital into the private credit space, what advice can you provide to LPs to guard against missteps?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Joe Moroney, Partner, Co-Head of Global Corporate Credit and Head of Sustainable Finance, Apollo | Joe explores the structural and market forces behind the rise of private investment grade credit, including why borrowers are increasingly turning to private markets over public, how regulatory change is reshaping the relationship between banks and alternative asset managers, and why asset-backed solutions are gaining traction over traditional corporate debt.
Listen to the full interview which covers:
- What are some of the reasons investment grade borrowers might seek to raise private capital, when they have ample access to public investment grade markets?
- When considering adding private investment grade credit to a portfolio, where have you seen clients look to implement it within their overall asset allocation buckets?
- How durable is the spread premium available today in private investment grade credit over the long term?
- What are some of the benefits of asset-backed finance versus traditional corporate debt?
- How has regulation impacted the relationship betweenbanks and alternative asset managers?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Phil Strano, Head of Australian Credit Research, Yarra Capital Management | With volatility in equity markets, investors are rethinking their portfolio positioning. Phil discusses the role Australian multi-sector credit can play in achieving outperformance, the key dynamics driving tailwinds in the asset class and why investors should consider it as a great diversifier to Australian private credit, which has experienced rapid growth in recent years.
Listen to the full interview which covers:
- How are interest rates and the recent tariff shocks impacting the relative value of Australian credit compared to offshore markets?
- Given the exponential growth in Australian private credit, what are the key risks investors need to consider?
- With investment-grade (IG) credit yields now offering returns comparable to long-term equity returns, how should investors think about balancing credit and equity allocations in the current environment?
- Why are multi-sector credit strategies considered optimal for achieving higher risk-adjusted returns, and what advantages do Australian credit markets specifically offer?
- As global equity valuations remain elevated and government bond curves steepen, what role does Australian investment-grade credit play in building a resilient portfolio?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Brad Bauer, Chief Executive Officer, Värde Partners | Brad discusses the evolution of private credit globally and shares his long-term outlook for the asset class. He explores how asset owners can build more diversified exposures, where the most attractive opportunities lie, across strategies and geographies, and outlines the critical factors investors should focus on to achieve success in the rapidly evolving private credit landscape.
Listen to the full interview which covers:
- What is your long-term outlook for private credit? How do you see the industry evolving?
- How can LPs diversify their private credit exposure?
- Where do you see the most attractive investment opportunities in private credit across regions?
- Where do you see the opportunity in RE credit and why do you think this is attractive?
- What are the key success factors when investing in private credit strategies?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward- looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.
Kevin Marchetti, Co-Head of Direct Lending and Chief Credit Officer, Man Varagon | Kevin discusses best practice in building and managing direct lending portfolios, what investors should be asking when evaluating new and existing managers as part of their due diligence and risk management processes, and how he expects the asset class to evolve in the years ahead.
Listen to the full interview which covers:
- How has the private credit market, and in particular direct lending, evolved in recent years? How do you expect it to evolve in the coming years?
- What segment of the direct lending market does Man Varagon target, and why?
- What is best practice in direct lending portfolio construction from Man Varagon’s perspective?
- How does your approach to direct lending portfolio construction inform your due diligence and risk management processes?
- What questions should investors be asking when evaluating new and existing direct lending manager relationships?
Disclaimer
The views and opinions expressed in this recording are those of the individual contributors and their respective organisations at the time of recording. They do not necessarily reflect those of Global Investment Institute (GII). These views are not intended to be, and should not be construed as, investment advice or research. They are subject to change without notice, and no representation is made as to their ongoing accuracy or reliability. Forecasts, forward-looking statements, or opinions are inherently uncertain and based on assumptions, risks, and external factors which may change over time. The individuals interviewed have no obligation to update any statements made.
International investments carry additional risks, including potential loss of capital, currency fluctuations, differences in accounting standards, and economic or political instability.
All information contained in this recording is general in nature and does not take into account the financial objectives, situation, or needs of any individual or organisation. It should not be used as the sole basis for making investment decisions. GII strongly recommends seeking independent, fee-for-service financial advice before acting on any information contained herein.
Contributors, guest speakers or interviewees may hold personal or professional financial interests in the investments discussed. The editorial team has assessed that these interests have not influenced the content of this recording.
All content featured in this recording is protected by copyright. No part may be reproduced, distributed, or transmitted in any form without prior written permission from the Global Investment Institute.