Citywire: The Selection Show
We go on-the-ground to hear first-hand what top selectors and managers are focusing on.
EM Insider: ‘Xi Jinping has chosen a dark path’
The 20th Chinese Communist Party Congress has not done much in the way of easing the nerves of investors or the global financial markets, with Xi Jinping packing his leadership team with loyalists, as well as not giving a clear sign as to when the country’s zero-covid policy might end…
EM Insider: ‘If Xi Jinping told Putin to stand down, I would go all in on local Chinese debt.’
Raphael Kassin and Citywire’s Krystle Higgins discuss what it would take for him to reinvest in Chinese debt, as well as why he will never back the Euro. ‘I would never put my money into Euros, because I struggle to understand how Europe functions’ In the latest episode of this…
Alpha Female 2022: Gender parity growth in asset management sector grinds to a halt.
Citywire's head of ESG and cross-border research Nisha Long and Mary Ann Sieghart, author of The Authority Gap: Why Women are Still Taken Less Seriously Than Men, and what We Can Do about it, take a closer look at the main findings. The number of women managing active mutual funds…
How regulation is changing ESG recruitment
As regulation around sustainability becomes stricter, asset managers are increasingly looking to hire staff with specialised skills, such as climate risk modelling. In this episode of the Let’s Talk About ESG podcast, Ian Povey-Hall, global head of sustainable finance and impact investing at Acre, explains why investment firms are…
EM Insider: China’s recent EM debt restructuring, and why it is time to be positive on EM
‘I’ve changed my mind on China.’ Raphael Kassin explains why he feels cautious about a disruptive new global era, while maintaining it is time to pile into EM debt. In this episode, Kassin talks to Krystle Higgins about the latest diametrically opposing views of JP Morgan and Morgan Stanley as…
EM Insider: US China tensions, inflation fears and 2022 lessons
Tensions between China and the US have escalated once more, as Beijing extends its military drills around Taiwan, adding more uncertainty to what has already been a rocky road for the EM markets this year. In the latest bonus EM Insider episode, EM veteran John Malloy from Redwheel talks through…
Conflicts, confidence and clients: Selectors’ long-term lessons from the GAM scandal
Even those with a physical copy of the Swiss firm’s conflict of interest policy couldn’t believe what had happened. ‘If you lose the confidence of your clients, you lose everything’. The impact of the Tim Haywood scandal on GAM as a company was apparent, but what about investment professionals either…
EM Insider: Lessons to be learned from the Sri Lankan economic crisis
Sri Lanka has declared a state of emergency amid protests following the country's recent economic crisis, which saw the president flee the country. Many are now asking whether Sri Lanka is the 'canary in the EM coal mine'. In the latest EM Insider episode, emerging market debt expert, Raphael Kassin,…
Suspension of disbelief: Inside the scandal that shook GAM
The suspension of Tim Haywood will go down as a landmark moment in the history of Swiss asset management firm GAM. But, what was the situation prior to the event and how have things changed in the four years since the head of its absolute return bond unit was dismissed…
‘Deep in the risk-avoidance dugout’: Jeremy Grantham interview in full
PODCAST: Citywire Selector spoke at length with the GMO founder and value stalwart about his current market thinking. ‘Value tends to prosper’. As far as mantras to live by, Jeremy Grantham is very committed to the idea that buying discounted stocks and making money as they prove the doubters wrong…
MedTech Under The Microscope: medtech versus the pharmaceutical industry
Alliance Bernstein’s Vinay Thapar talks about the incredible innovation of the medtech sector versus a slower advancement within the traditional pharmaceutical industry. In the fifth episode of its MedTech podcast, Citywire Selectors meets Vinay Thapar, fund manager at Alliance Bernstein. Thapar, who has been investing in the healthcare space for…
MedTech Under The Microscope: Healthcare in the digital era PODCAST: Bellavue’s Stefan Blum talks about his two healthcare strategies and the way digitalisation has been shaping the medtech sector over the last decade.
While stressing how digitalisation has been embedded within both the medtech and the general health care space over the last few years, Blum highlights his two strategies’ overarching themes, as well as the key differences between the Bellevue Medtech & Services fund and the Bellavue Digital Health fund he oversees…
Are parts of the private markets really like Ponzi schemes?
There were two reasons Amundi’s Vincent Mortier said parts of the private markets resembled Ponzi schemes. The first is the idea of leverage is often miscommunicated and the second is that value is hard to properly ascertain. That is the view of Cyril Demaria, independent consultant and private markets expert…
MedTech Under The Microscope Ep3: the importance of sustainability within the sector
During the third episode of its MedTech podcast, Citywire Selectors meets co-head of BMO GAM’s global equities team Jamie Jenkins. He talks about the challenges the MedTech sector has been facing over the last couple of years, and how those hurdles have added to long-term issues like diabetes and an…
MedTech Under The Microscope Ep2 - Novel technologies can address large unmet medical needs
In the second episode of its MedTech podcast, Citywire Selectors meets Paul Loudon, investment manager at Walter Scott & Partners. Loudon, who oversees the BNY Mellon Long Term Global Equity fund, talks about his long-term, high conviction strategy and the best way to access medical technology products and companies with…
MedTech Under The Microscope Ep1 Unconstrained investing & the role of genomics in an ageing society
Kicking off the series is Zehrid Osmani, head of global long-term unconstrained at Martin Currie. With a fifth of his portfolio tilted towards healthcare, Osmani achieves structural growth by focusing on areas of attraction, without letting index exposure dictate his choices. Demographic changes, resource scarcity and an exponential growth of…
Let's Talk About ESG Ep.26: Going beyond the number of ESG experts and their CVs
If you’re making sustainability hires for marketing purposes, it will quickly become clear it’s not going to work or it won’t have a true impact on the business. When selecting funds, Anne Ackerman, former head of impact fund selection at Credit Suisse, always paid attention to interactions between portfolio managers…
Breaking and Entering S2 Ep.6: Why this ex-Pimco PM ditched the industry (twice)
Jeremie Banet once was a fund manager at Pimco. However, after a few years in finance, he decided that he needed to experience something more tangible. After setting up a French food truck company, which didn’t succeed, he tried to mix both worlds, returning to the US firm as lead…
Breaking & Entering S2 Ep.5: From sharing a tennis court with Anna Kournikova to value investing
Brokers in Wall Street still tell stories about the time 'Queen of the Court' Regina Borromeo remained undefeated for years during her years in Manhattan. After all, to win various tennis and squash championships at university and share courts with some of the most renowned players in the world is…
Breaking & Entering S2 Ep.4: From executive director at Goldman Sachs to communications entrepreneur
Sam Gratton spent a decade in the City working as a credit salesman selling bonds, credit derivatives and structured credit for companies such as Goldman Sachs, JPMorgan and Santander. However, he found himself one day in the need to escape the finance ‘vortex’ as he needed to do something more…