L&G Talks Asset Management

L&G Talks Asset Management

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.

Episodes

July 10, 2025 26 mins
In this special and wide-ranging episode, Eric reflects on his journey through the asset management industry and the personal values that informed his decision to join L&G. 

"Humility is key - and I think I learned that in my upbringing," he says. 

Speaking with Jo McCaffrey, Chief Strategy and Product Officer for our Asset Management business, Eric also discusses his ambitions for our business, the democ...
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We recorded this special episode to mark the publication of our midyear global outlook, which offers key views across public and private markets after a particularly eventful first six months of 2025. Topics covered include:

Long-term implications from the tariffs-related volatility spike
How our AFI team in Chicago is navigating policy uncertainty
The approach taken by our Multi-Asset team to USD assets...
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Ben Bennett, Head of Investment Strategy Asia, shares his thoughts on the market impact of the Middle East conflict. Also on the agenda is possible rates divergence between the US and Europe, the shortcomings of economic data, and why GDP per capita may not tell the whole story of emerging markets.

This podcast was recorded on 24 June 2025.

All data is sourced from LSEG as at 24 June 2025 unless otherw...
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With market volatility front of mind in 2025, we explore equity market concentration risk and what can be done to mitigate it.

Our speakers are Aude Martin, Head of Pooled Index Investment Specialists, and Andrzej Pioch, a Fund Manager specialising in multi-asset strategies in our Asset Allocation team.

All data from Bloomberg as at 5 June 2025 unless otherwise stated.

 For professional investors onl...
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What does it mean when we say an active fixed income strategy is “unconstrained”? What difference does it make when a fund is not tied to a benchmark? And what is it about the present moment that could make this an attractive option for navigating market volatility?

To answer these questions and give his insights into what could determine performance in fixed income for the rest of the year, this week we’re joined by ...
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This week, we tackle part of the private credit universe that doesn’t
often get much airtime. That’s ‘crossover credit’ – or in other
words, the part of the market that sits between investment-grade and
sub-investment-grade credit.

Talking us through this episode is Stu Hitchcock, L&G’s Head of
Private Credit Portfolio Management. Stu addresses the size of the
crossover market, the types of dea...
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What is a money market fund? Why do investors use them? And how might the path of interest rates, technological change and regulation affect the outlook for these funds?

Our guest for this podcast is Ross McDonald, a Liquidity Investment Specialist at L&G, to learn more about this sometimes overlooked – but crucial – part of the investor’s toolkit.

All data is sourced from Bloomberg as at 22...
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Ben Bennett, Head of Investment Strategy Asia, shares his thoughts on the rebound in risk assets following the preliminary US/China trade deal. Also up for discussion are the rapid repricing of the Hong Kong dollar and what April’s inflation surprise in the UK means for the path of interest rates.

All data is sourced from LSEG as at 21 May 2025 unless otherwise stated.

For professional investors only. Capital...
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2025’s macro turbulence has been well documented; but is there opportunity among the uncertainty?

As we approach the year’s halfway point, we look at what the economic environment means for private markets, looking at where we stand now and what may lie ahead in the medium term.

We’re joined by Rob Martin, Head of Investment Strategy and Research for L&G’s Private Markets platform, and Lushan Sun, Head ...
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Ben Bennett plots the path of interest rates in the US and UK, examines the factors driving the equity market rebound, and explains why possible tariffs on non-US films could have ramifications far beyond Hollywood.

All data is sourced from LSEG as at 6 May 2025 unless otherwise stated.

Taiwan dollar move source: Taiwan dollar's record rally is a trade-war tremor | Reuters

For professional investors ...
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Following the publication of a major new research paper, Raj Shah, a Senior Quant and Factor Strategist within our Index Solutions team, delves into the question of whether factor portfolios can be decarbonised without losing their underlying risk and return characteristics. 

This podcast is hosted by Harry Brooks, European Content Manager.

For professional investors only. Capital at risk. It sh...
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In another week of volatility for US assets, Ben Bennett dissects the market reaction to frictions with the Fed, considers the path of the dollar, and shares his verdict on whether the era of American exceptionalism is at an end.

All data is sourced from LSEG as at 21 April 2025 unless otherwise stated.

For professional investors only. Capital at risk. Securities mention for illustrative purposes only. Refere...
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At the beginning of the year, a narrative of US exceptionalism was the consensus among many market participants.

However, significant policy uncertainty emanating from the Trump administration has driven a significant rotation away from US risk assets and sent shockwaves around the global economy.

What can investors conclude from the turbulence of the first quarter of 2025 - and what does this all mean for Am...
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April 3, 2025 21 mins
In this episode, we explore Defined Contribution (DC) investments and the changing reality of retirement. Our DC Head of Clients, Jayesh Patel, and clinical psychologist, Dr Emma Hepburn, join us to discuss the gap between retirement expectations and retirement realities.

For professional investors only. Capital at risk.
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Our expert panel discusses the remarkable shift in the market narrative, which has accompanied a rotation away from some of the best-performing assets of 2024, and what investors can expect over the coming months.

During the episode, our latest CIO call, our speakers are Sonja Laud, our Global Chief Investment Officer; Colin Reedie, Head of Active Strategies; Jason Becker, Head of US Credit strategy, Asset Mana...
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    March 20, 2025 14 mins
    Ahead of World Water Day on 22 March, this week’s podcast considers the global challenge of improving access to clean water and examines the intersection of technology and water. While AI’s thirst for water is in the spotlight, the technology also promises meaningful efficiency gains in water management.
     
     Our speakers are:

    • Alex Burr, Director, Investment Stewardship
    • Elisa Piscopiello, Senior ETF...
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    This week on the podcast, we’re looking at the UK, exploring what might be in store for investors in real estate and certain related asset classes. 

    The discussion focused on the macro picture we’re seeing at the moment, which sub-sectors may represent attractive investment opportunities and what certain private markets investors are saying about the UK. 

    Joining for this episode we have: 

    Neil Meikl...
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    Ben Bennett, Head of Investment Strategy for Asia, discusses what Germany’s parliamentary election might mean for the future of the country’s much-discussed debt brake. Also on the agenda is the rally in Chinese tech stocks, and how political polarisation is influencing inflation forecasts in the US.

    All data is sourced from Eikon as at 24 February 2025 unless otherwise stated.

    For professional investors only...
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    February 20, 2025 21 mins
    How has the emerging market debt universe changed in recent decades? What are the portfolio use cases for these assets? And what is the role of emerging markets in a multi-polar world?

    Answering these questions and more are Uday Patnaik, Head of Emerging Market Debt in our Active Strategies team, and Erik Lueth, Emerging Market Economist in our Asset Allocation team.

    This episode is hosted by Harry Brooks, Eu...
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    Ben Bennett, Head of Investment Strategy for Asia, shares his take on the big topics in markets today. On the agenda are the first few weeks of the second Trump presidency, some mixed messages from the UK’s central bank, and strong performance from Europe’s equity markets.

    This podcast is hosted by Harry Brooks, Content Manager.

    All data is sourced from Eikon as at 11 February 2025 unless otherwise stated.
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