L&G Talks Asset Management
L&G
What does a changing world mean for my portfolio? Which asset classes are undervalued? Will declining demographics affect my investments? From L&G’s Asset Management division, we bring you conversations about the global economy and how professional investors can take advantage of these opportunities.
We'll be talking to fund managers, analysts, industry experts and more to discuss the latest market and political developments, their most exciting asset allocation ideas and how they're optimising portfolios for market booms and economic gloom.
From Trump's tariffs to irrational investors, L&G Talks Asset Management dives into the world of asset management and brings you our most compelling thoughts to help you make informed investment decisions.
To find out more, visit https://am.landg.com/en-uk/institutional/insights/
L&G has been helping customers since 1836. A founding member of the Financial Times Stock Exchange (FTSE) 100 index, L&G is one of the UK's leading financial services companies serving UK customers for our life assurance, pensions, investments and general insurance plans.
This podcast is intended for investment professionals, and shouldn't be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in L&G investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of L&G. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.
We'll be talking to fund managers, analysts, industry experts and more to discuss the latest market and political developments, their most exciting asset allocation ideas and how they're optimising portfolios for market booms and economic gloom.
From Trump's tariffs to irrational investors, L&G Talks Asset Management dives into the world of asset management and brings you our most compelling thoughts to help you make informed investment decisions.
To find out more, visit https://am.landg.com/en-uk/institutional/insights/
L&G has been helping customers since 1836. A founding member of the Financial Times Stock Exchange (FTSE) 100 index, L&G is one of the UK's leading financial services companies serving UK customers for our life assurance, pensions, investments and general insurance plans.
This podcast is intended for investment professionals, and shouldn't be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in L&G investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of L&G. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.
Episodes
Mentioned books
Mar 26, 2026 • 30min
402: Prepare don’t predict: Tackling geopolitical uncertainty
We can’t predict how geopolitical events unfold, but how do investors adapt to market stress and maintain portfolios that remain robust regardless of the headlines?L&G’s Chris Jeffery, Co-Head of Asset Allocation and Head of Macro; Aimee Bowkett, Fund Manager; and Chris Teschmacher, Fund Manager and Head of AA Investments Specialists discuss:
Why uncertainty feels so acute and why the data tell a different story
How ‘reckless prudence’ means being too cautious could be a genuine risk
Regret, diversification and the cost of being prepared
For more insight into the team’s prepare don’t predict philosophy, read their playbook for geopolitical risk management and why uncertainty isn’t the enemy. Please see the links below.Playbook for geopolitical risk management - https://blog.landg.com/categories/investment-strategy/prepare-dont-predict-prepare-dont-predict-a-timeless-playbook-for-geopolitical-risk-management/
Why uncertainty isn’t the enemy – https://blog.landg.com/categories/investment-strategy/prepare-dont-predict-why-uncertainty-isnt-the-enemy/ This podcast is hosted by Sarka Halas, Content Manager, and was recorded on 16 March 2026.For professional investors only. Capital at risk. Risk management cannot fully eliminate the risk of investment loss. It should be noted that diversification is no guarantee against a loss in a declining market.For illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security.
Mar 20, 2026 • 33min
401: Middle East update – market impacts and outlook
This episode is the edited audio of a webinar we held with clients on 20 March to discuss the market reaction to the ongoing conflict in the Middle East.Alongside human and political consequences, the conflict in the Middle East continues to impact markets. In this webinar, we shared our reflections on market conditions and managing risk in this environment.Among other topics, our speakers covered:
The magnitude of market moves so far
How elevated inflation expectations are affecting the path of interest rates
What a higher oil price means for emerging market debt
Why recent moves in gilt yields are very different from those we saw in 2022
Our speakers were: Chris Jeffery, Co-Head of Asset Allocation and Head of Macro; Ben Bennett, Chief Investment Strategist for Asia; and Raza Agha, Head of Emerging Market Sovereign Strategy.The webinar was moderated by Lara Edmonstone-West, Head of Solutions Distribution.For professional investors only. Capital at risk. Risk management cannot fully eliminate the risk of investment loss. It should be noted that diversification is no guarantee against a loss in a declining market.
Mar 19, 2026 • 25min
400: Three paths to diversification
In this special edition of L&G Talks Asset Management, we examine three different approaches to diversification.Our speakers are:
Elisa Piscopiello, Senior Index and ETF Analyst, who talks about dividend income strategy
Aude Martin, Head of Pooled Index Investment Specialists, who talks about equal weighting
Shichen Zhao, ETF Thematic Research Analyst, who talks about the factor profiles of thematic strategies
This podcast is hosted by Harry Brooks, Content Manager, and was recorded on 13 March 2026.For professional investors only. Capital at risk. It should be noted that diversification is no guarantee against a loss in a declining market.
Mar 6, 2026 • 35min
399: Middle East conflict: implications for investors
This episode is the edited audio of a webinar we held with clients on 5 March to discuss the implications for investors of the recent escalation in the Middle East.Alongside its profound human and political consequences, the conflict has prompted significant market moves. Among other topics, our speakers covered:
How the duration of energy market disruption could be pivotal to the investment outlook
The potential implications for inflation and central bank policy of higher energy prices
Why government bond yields have moved higher and credit spreads are largely tighter
The market backdrop in which the conflict has unfolded, including AI-related concerns
Signals that might prompt us to make material changes to portfolio positioning
Our speakers were Jason Shoup, Global Co-Head of Fixed Income and CIO, L&G – Asset Management, America; Colin Reedie, Head of Active Strategies; and Chris Jeffery, Co-Head of Asset Allocation and Head of Macro.The webinar was moderated by Laura Brown, Head of Public Markets Distribution.For professional investors only. Capital at risk.
Feb 26, 2026 • 23min
398: US tariffs, AI meltdown and JGBs – Market Talk
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the US Supreme Court’s ruling on tariffs, concerns around the future of software firms, and what’s behind the dip in long-term Japanese government bond yields.This podcast was recorded on 24 February 2026 and is hosted by Harry Brooks.All data is sourced from LSEG as at 23 February 2026 unless otherwise stated.For professional investors only. Capital at risk.
Feb 19, 2026 • 18min
397: Endgame Insights: Putting theory into practice
In late 2024, we published our inaugural Endgame Insights report for DB schemes. With a new version around the corner, here’s a sneak preview of what’s new and how DB schemes are approaching the endgame options they have at their disposal.Mat Webb, Head of Endgame Solutions, shares his thoughts on:
What’s different about L&G’s latest Endgame Insights report?
Key highlights from our recent DB scheme survey results
Is surplus extraction possible with any endgame option?
Can DB schemes help to address intergenerational fairness?
Feb 12, 2026 • 18min
396: Mind the gap: Can CDC schemes resolve intergenerational unfairness?
Collective Defined Contribution (CDC) schemes are being described as thenext evolution in pensions, yet innovation often comes with challenges.John Southall, Head of Strategic Research within our Asset Allocation team,offers his perspective on some key issues, including: · Who stands to gain and who carries the risk · Key advantages and drawbacks of CDC · How to think about intergenerational unfairness · Unique challenges of retirement-only CDCThis podcast was recorded on February 10, 2026 and is hosted by SarkaHalas, content manager.For professional investors only. Capital at risk. Views expressed are of L&Gas at February 2026.
Feb 5, 2026 • 22min
395: Private markets – Carving a path
What do the next 12 months have in store for private markets? That’sthe question our panel aims to answer on this week’s podcast.Discussion focused on what influenced private markets in 2025 andwhat key themes we see emerging with 2026 already well under way. Wealso looked at specific sectors in more detail, delving into realestate, digital infrastructure and private credit.On our panel:
Rob Martin, Global Head of Research and Investment Strategy
Bill Page, Head of Real Estate Research
Dr. James Tyrrell, Research Analyst
Lushan Sun, Head of Cross-Asset Research
This podcast was moderated by Nick Jardine, content manager at L&G,and was recorded on 4 February, 2026.All data from Cliffwater, Bloomberg, PMA and Preqin as of 2026,unless otherwise stated.Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecast will come to pass. It should be noted that diversification is no guarantee against a loss in a declining market.
Feb 2, 2026 • 21min
394: Dividend strategy: avoiding traps and tapping income potential
How important are dividends as a component of overall equity returns? Which countries offer the best prospects? And how can investors seek to avoid dividend traps? Elisa Piscopiello, Senior Index and ETF Analyst, shares her answers to these questions and more as we delve into the details of dividend income strategy. This podcast was recorded on 21 January 2026 and is hosted by Luka Lukic. All data is sourced from LSEG as at 21 January 2026 unless otherwise stated. Dividend standard deviation versus MSCI World statement via Bloomberg data as at October 2025.For professional investors only. Capital at risk. It should be noted that diversification is no guarantee against a loss in a declining market. Securities mentioned for illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security. Risk management cannot fully eliminate the risk of investment loss. Dividend yield is not guaranteed and can go down as well as up, and the investor’s returns may vary year-on-year. Past yields are not a guide to future issuances.
Jan 22, 2026 • 24min
393: Greenland, Japanese bonds and a volatility playbook – Market Talk
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the market response to President Trump’s comments on Greenland, how investors can stay the course during periods of volatility, and what’s driving the rally in Asia.This podcast was recorded on 20 January 2026 and is hosted by Harry Brooks.All data is sourced from LSEG as at 19 January 2026 unless otherwise stated.For professional investors only. Capital at risk. It should be noted that diversification is no guarantee against a loss in a declining market.
