Citywire: The Selection Show

Citywire: The Selection Show

We go on-the-ground to hear first-hand what top selectors and managers are focusing on.

Episodes

July 29, 2024 18 mins
Rogier Quirijns of Cohen & Steers spoke about the challenges the property sector has faced and whether it can bounce back.

Rising interest rates and the pandemic acting as a catalyst for how we live and work has changed the face of the real estate sector.

 

One portfolio manager keeping an eye on all such matters is Citywire A-rated Rogier Quirijns, head of European real estate at Cohen & Steers.

 

Quirijns, who has be...
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Stacy Havener has raised $8bn for boutiques ‘that shouldn’t win’. Describing herself as blue-collar, ‘who got the wrong degree from the wrong school’, she sets out her stall as a much-needed misfit in the asset management industry. Her degree was English literature. And indeed, Havener is a storyteller, having communicated advice already through Citywire Selector’s Sales Craft column on topics such as ‘Ditch the Pitch’ and ‘You’re ...
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At 12 years in charge of global asset manager PGIM, David Hunt is one of the longest-serving CEOs in the business, anywhere. This tenure might have missed the financial crisis, but it has taken in a global pandemic, a European war, spiralling inflation and fast-rising rates. There is also the never-ending challenge of generating after-cost returns for investors, getting rewarded for taking risks and generating active alpha. Hunt’s ...
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Citywire sits down with David Zahn, head of sustainable fixed income at Franklin Templeton, to discuss opportunities in the green bond market.
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Juan Delgado-Moreira was named co-CEO of private markets manager Hamilton Lane last year, alongside Erik Hirsch. Based in Hong Kong, Delgado’s particular focus is on expanding Hamilton Lane’s presence and distribution footprint around the world. Joining Citywire Selector editor Will Robins in Citywire’s London studio, Delgado tackles questions about targeting the wealth management market, balancing clients’ desire for liquidity wit...
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Few fund manager changes have created as big of a stir in recent year as the news that five of Allianz Global Investors’ 12-strong equity growth team were jumping ship in October of last year. The quintet – Thorsten Winkelmann, Marcus Morris-Eyton, Robert Hoffman, Nicolas Goncalves and Darina Valkova – resurfaced at AllianceBernstein in January 2024.

 

But what spurred the move in the first place? Why did the five fund managers c...
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Cathy Hepworth of PGIM Fixed Income discusses how the ‘great power competition’ between the US and its rivals is reshaping investment in the developing world. With the face of global geopolitics rapidly changing, keeping abreast of developments in the huge universe of emerging market debt is no mean feat. Cathy Hepworth, who manages a host of local and hard currency EMD funds for PGIM Fixed Income, dropped in to speak to Citywire S...
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2024 has been dubbed the year of the polls, with 50 countries holding elections and more than 2 billion voters heading to the polls, including in the US, UK, India, Mexico and South Africa.

Mike Coop, Morningstar’s chief investment officer for EMEA, discusses which are the most important election in his opinion and how investors can protect portfolios against political turbulence.

Topics discussed included what impact the UK and ...
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Aviva Investors chief economist Mick Grady assesses the global economy moving into 2024 and explains his firm’s asset allocation strategy.

With the majority of 2024 lying ahead, Aviva Investors chief economist and investment strategist Mick Grady has plenty to think about.

He spoke to Citywire Selector news editor Ian Heath about how 2023 panned out, what his expectations for the next 12 months are and his firm’s investment convi...
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PODCAST: Morningstar’s sustainability director Hortense Bioy on the importance of not losing sight of the 1.5C target
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Morningstar’s Arthur Carabia and Lindsey Stewart speak to Citywire’s Krystle Higgins on what governments need to enforce to support the climate agenda at COP28. 

COP28 is a crucial landmark in the fight against climate change, and keeping the financial and corporate worlds on track to achieving net zero emissions.

Morningstar’s Arthur Carabia, director of ESG policy research and Lindsey Stewart, director of investment stewardship...
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With investors at their most excited about the Japanese equity market in decades, Citywire Selector spoke to the co-manager one of the best funds in the sector.

Citywire AAA-rated Ben Williams spoke to Selector news editor Ian Heath about why he thinks the turnaround in Japan’s fortunes is here to stay and what is driving this trend.

Topics included why Japan’s rally this year has differed from that of the US, the role Shinzo Abe...
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The recent flare-up in violence in Israel and Gaza has shocked the world and is among a number of geopolitical threats faced right now.

 

Anna Rosenberg, who is the head of geopolitics at the Amundi Investment Institute, dropped in to speak to Selector news editor Ian Heath about these key issues and the risks investors need to be aware of. 

 

They discussed themes such as the stability of the Middle East region, the US-China r...
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The ability to know your limits and have the courage to hire people to take on aspects that might not be your strong point can make or break a start-up venture.

That’s one of the key takeaways from Jacob Mitchell, co-founder and chief investment officer of Antipodes Partners, who shared the story of how he developed his global equity shop in this final episode of the first series of Boutique Builders.

In this discussion, Mitchell...
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Allspring Global Investment’s EM equity veteran, Derrick Irwin joins Citywire’s Krystle Higgins to discuss how investable China is right now. Irwin has been in the industry for 30-years, and discussed how the current investor pessimism compares to other economic challenges faced by the second largest economy in the world. 

Irwin also makes a case that it is now easier to value Chinese stocks, as well as what his top picks are. 
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The saying goes that you cannot teach an old dog new tricks.

But one person who might disagree is Chris Reid, chief investment officer and founder of Cambridge-based boutique Iguana Investments.

Reid dropped into Citywire’s London studios to speak to Selector news editor Ian Heath about how after a two-year hiatus from investment management he has adapted to what he feels has been the biggest change in the industry - the increasi...
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‘It’s really, really stressful’. Dan Brocklebank, UK director of Orbis Investments, has perhaps summarised the chief challenge facing all independent asset managers, but it is not all downside.

Speaking as part of our Boutique Builders podcast series, Brocklebank outlined what drives business thinking at the UK-based group, how investment returns remain the key driver for the future of the company and what he factors in when recru...
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Everyone wants some control over their own destiny, to an extent. However, this can get lost in large organisations and make it hard for fund managers to deliver on what they have promised.

 

In this latest episode of Boutique Builders, Glen Finegan talks about the important role a collaborative culture and collective mindset played when Skerryvore Asset Management was launched in 2019.

 

Finegan, who had held senior EM equity ...
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‘The majority of the time when you’re a boutique, you’re not going to have the job security or immediate pay levels of the larger funds. So you need to create something that is compelling and avoids the churn.’

 

That is the underlying message Adam Davies bears in mind when bringing new people and fresh thinking to his group Velox Capital, a UK-based independent asset manager.

 

Speaking as part of Citywire Selector’s Boutique ...
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In the first episode of Boutique Builders, we heard about what it means to be asked to take on a project and develop an idea, but what if you are the person driving that change. Where do you start? What do you do? And, perhaps crucially, what do you not do?

 

This week, Krystle Higgins speaks to Cesar Fernandez, who has swapped life as a Citywire AAA-rated emerging market debt manager at Julius Baer to develop his own idea – Alph...
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