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
Jan 18, 2024 • 23min
304: Macroeconomics, solutions and asset allocation – the CIO call
In this podcast, Sonja Laud, LGIM’s CIO, is joined by Guy Whitby-Smith, Head ofSolutions, and John Roe, Head of Multi-Asset Funds, who share their insights and analysis, including key market trends for the coming year. In particular, the speakers discuss:
The outlook for both the global and UK economies, including our assessment of potential paths for UK growth, rates and inflation
The implications for UK schemes, in particular what this could mean for liability-driven investment approaches in light of today’s higher funding levels
Asset allocation considerations given the continued need for all pension schemes to pay pensions as they progress along the journey towards endgame
This podcast is hosted by Anthony Penson, Institutional Content Manager.
For professional investors only. Capital at risk.
Jan 12, 2024 • 24min
303: Charting real assets in 2024 and beyond
After a dramatic 2023, what could 2024 hold for investors in real assets?
And what are the key megatrends that will determine performance, both for this year and the rest of the decade?
Rob Martin, LGIM’s Global Head of Investment Strategy and Research for Real Assets, and Lushan Sun, Private Credit Research Manager, break down how the Christmas market rally has changed the outlook for 2024 – and the four key themes they see as defining the winning portfolios of 2030.
This podcast is moderated by Andrew Lowry, European Content Manager.
For professional investors only. Capital at risk.
All data is sourced from Bloomberg as at 31 December 2023 unless otherwise stated.
Jan 4, 2024 • 21min
302: Rallies, Red Sea disruption and Taiwanese elections – Market Talk
In this first episode of Market Talk for 2024, Ben Bennett examines the extent to which bonds and equities rallied following December’s Fed pivot. He also explains why Chinese equities failed to participate in the rally, looks at the state of polling in Taiwan, and wonders if the global economy will face new supply chain challenges given the current disruption in the Suez Canal?
This podcast is hosted by Frances Watson, Content Manager.
All data is sourced from Eikon and Barclays from 31 October to 31 December 2023.
For professional investors only. Capital at risk.
Dec 18, 2023 • 22min
301: Active Fixed Income outlook: 2024
Bond investors have enjoyed a strong rally over the last two months. But, as we approach 2024, will the optimism for fixed income investments continue? Will 2024 be another year of heightened volatility for the bond investor? And what left-field market moving events could be in store? Join Colin Reedie, Head of Active Strategies, for his latest thoughts.
This podcast is hosted by Frances Watson, Content Manager and was recorded the day after Jay Powell’s dovish pivot.
All data sourced from Bloomberg as at 14 December 2023 unless otherwise stated.
For professional investors only. Capital at risk.
Dec 14, 2023 • 34min
300: How we’re preparing for 2024 – the CIO call
In our last CIO call of 2023, we discuss what we’ve learnt from yet another extraordinary year for investors – and how we’re positioning into 2024.
During the episode, Sonja Laud, LGIM’s CIO, is joined by Howie Li, Global Head of Index & ETFs; Will Riley, Head of Solutions; and Chris Jeffery, Head of Rates & Inflation Strategy. The speakers discuss:
The most potent insights from our 2024 CIO outlook
Where we see the biggest potential risks and opportunities for markets next year
The long-term investment themes we’re most excited about
What’s top of mind for defined benefit pension schemes
How we’re planning on navigating political, and geopolitical, risk in 2024
The podcast was recorded on 13 December and is moderated by Max Julius, Head of Content.
Follow us on LinkedIn and Twitter for our latest updates and discover the LGIM blog for more insights. Never miss another episode of LGIM Talks: hit subscribe in your Apple Podcasts, Spotify app or wherever you listen to podcasts.
For professional investors only. Capital at risk.
Dec 7, 2023 • 21min
299: What will 2024 bring? Market Talk
In the last episode of Market Talk for the year, Ben Bennett looks at how fixed income might pan out in a recessionary macroeconomic environment. With US elections on the horizon, how might markets react to a change of president? And given its depressed performance in 2023, where next for China’s stock market in the year of the Wood Dragon?This episode is hosted by Frances Watson, Content Manager.All data is sourced from Eikon as at 04 December unless otherwise stated.For professional investors only. Capital at risk.
Dec 1, 2023 • 24min
298: Will illiquid investments help or hinder DC pensions?
Illiquid assets may be the talk of the DC town right now, but how can we use them to help maximise long-term returns for members, mitigate potential risks and align them with ESG considerations? And do DC pension members even want them included in their fund defaults?
John Roe, LGIM’s Head of Multi-asset Funds, and Jesal Mistry, Head of DC Investment, explain.
This podcast is moderated by Heather Forse, DC Content Manager.
For professional investors only. Capital at risk.
Nov 30, 2023 • 12min
297: What does the term ‘cashflow-driven investing’ actually mean?
Although many schemes have seen their funding positions improve steadily in recent years and endgame is on the horizon, all defined benefit (DB) schemes still need to pay pensions as they fall due. In this light there’s continued focus on cashflow-driven investing (CDI) and also ‘barbell’ strategies.
But what do these terms really mean? What’s the right balance between cashflow-driven and ‘barbell’ investment approaches? And should schemes’ strategies differ given low-dependency or buyout objectives? Also, are there any other topics DB schemes may wish to consider in today’s investment landscape? Lisa Purdy, LGIM’s Head of DB Solutions Distribution, explains all.
This podcast is hosted by Anthony Penson, Institutional Content Manager.
For professional investors only. Capital at risk.
Nov 27, 2023 • 36min
296: COP28: What to watch for
With the earth on track for its hottest year on record, and the COP28 summit due to open later in November, we’ve devoted this month’s CIO call to climate change.During the episode, Sonja Laud, LGIM’s Chief Investment Officer, is joined by Nick Stansbury, Head of Climate Solutions; and Stephen Beer, a senior manager within our Investment Stewardship team. The speakers discuss:
What we expect from the global climate summit due to take place in the UAE
What investors can do to bring about a net-zero outcome
Our approach to encouraging companies to tackle climate change
How the Israel-Hamas conflict has impacted energy markets
The broader market outlook, given the recent bounce in risk assets
The podcast was recorded on 23 November and is moderated by Max Julius, Head of Content.Follow us on LinkedIn and Twitter for our latest updates and discover the LGIM blog for more insights. Never miss another episode of LGIM Talks: hit subscribe in your Apple Podcasts, Spotify app or wherever you listen to podcasts.For professional investors only. Capital at risk.
Nov 16, 2023 • 20min
295: US CPI, oil and the ‘Magnificent Seven’ – Market Talk
Is the recent rally in bonds and equities, on the back of the latest US CPI numbers, wholly justified? And why is the oil price relatively subdued? Furthermore, what’s behind the differential in valuations between US and China technology shares? Ben Bennett, Investment Strategist APAC, explains all.
This podcast was hosted by Frances Watson, Content Manager.
All data is sourced from Eikon as at 14 November 2023, unless otherwise stated.
The podcast was recorded on Wednesday 15 November.
For professional investors only. Capital at risk.
