Ep. 45: Brookfield’s Connor Teskey on Digitalization, Decarbonization, Deglobalization
In this episode, Sarah Williamson speaks with Brookfield’s Connor Teskey on several key trends affecting the global economy, investment strategies, and the role of private capital in shaping the future, ranging from technological advancements and decarbonization to the growing importance of private real assets. This discussion offers valuable insights into the opportunities and challenges investors face in a rapidly changing global landscape.Topics include:[00:05:00]– The role of technology in investment and AI’s emerging influence on industries like energy, transportation, and manufacturing.[00:09:30]– Renewables, particularly onshore wind, solar, and battery storage as the dominant low-cost energy solutions, and the geopolitical benefits of domestic renewable energy sources.[00:19:00]– Short-term vs. long-term investment horizon and the stability of real assets during periods of market volatility.[00:24:00]– Liquidity in real assets, and the growing investor interest in real assets for their inflation-hedging and stabilizing qualities.[00:28:00]– Growth of private capital, particularly the shift towards partnerships with large corporations.[00:34:00]– Future trends in asset allocation, market volatility, and how private markets will continue to expand.
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35:10
Ep. 44: Thomas Buberl on The Evolution of Insurance: From Response to Prevention
In this episode of Going Long, Sarah Williamson sits down with Thomas Buberl, CEO and Director of AXA, one of the world’s largest insurance companies, to discuss the future of insurance, risk management, and developing the next generation of leaders.Topics include: [00:01:35] Balancing short-term pressures with the mindset of building a company that people will rely on for years [00:04:16] Geopolitical tensions and Europe’s competitiveness [00:09:52] Mispricing and risk prevention [00:18:21] Vision 2030 and the future of insurance [00:25:21] The importance of having long-term shareholders
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29:17
Ep. 43: C.S. Venkatakrishnan on Reviving the UK’s Equity Culture
Sarah Williamson sits down with C.S. Venkatakrishnan, Group Chief Executive of Barclays, to gain his perspective on long-term opportunities for the UK economy, the importance of fostering a thriving investment culture, and the role of banks in the transition to net zero.
Topics include:
[00:02:08] Restoring investment culture in the UK: How the UK has lost its equity risk culture over time and the need for pension reform, education, and improved accessibility.
[00:14:16] Reworking the industrial economy: The role global banks have to play in building a low-carbon economy and the future of the UK's new sovereign wealth fund.
[00:24:37] Globalization: Particularly in a year of multiple elections, reflecting on the past 30 years of global political disruptions and developing a sense of what trends will take shape over the next 30.
[00:31:24] Trustworthiness as the key to long-term success: In an ever-changing world with so many technological advancements, core values and the relationship with the customer must remain front and center.
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44:24
Ep. 42: Raphael Arndt on Building Resilient Sovereign Wealth Funds
Sarah Williamson interviews Raphael Arndt, the Chief Executive Officer of the Future Fund, Australia’s sovereign wealth fund managing A$285 billion on behalf of the Commonwealth of Australia. Arndt shares insights into the Future Fund's culture and investment approach, emphasizing the importance of a collaborative, whole-portfolio strategy. He discusses the impact of global economic and geopolitical shifts on long-term investment strategies, the challenges of managing reputational risk, and the need to adapt to a changing world.
Topics include:
[00:01:55] Overview of the Future Fund: Background on the establishment, mission, and current management of Australia's sovereign wealth fund.
[00:06:04] Future Fund’s Investment Culture: Discussion on the collaborative, whole-portfolio approach and the challenges of maintaining this culture during growth and external pressures like COVID-19.
[00:12:48] Geopolitical and Economic Shifts: Insights on how global geopolitical changes, including a move towards a more multipolar world, are influencing long-term investment strategies.
[00:23:59] Revisiting Portfolio Construction: Exploring the need for more dynamic and flexible portfolio management in a world of increasing volatility and inflation.
[00:36:27] Optimism Amidst Change: Arndt's outlook on the opportunities created by the current economic environment, and the importance of adapting to change.
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35:25
Ep. 41: Ashby Monk on the Next Generation of Institutional Investing
Sarah Williamson interviews Ashby Monk, the executive and research director of the Stanford Research Initiative on Long Term Investing (SLTI). Ashby shares insights from his 20+ years of experience studying and advising investment organizations. He discusses the origins of the SLTI, their new fellowship initiative aimed at creating a new pipeline for top graduates to work in public pension plans, and why he believes advanced analytics and AI can revolutionize investment decision-making.
Topics include:
Background on the Stanford Research Initiative [00:02:09]
Importance of Pension Funds in Capitalism [00:07:23]
Introducing the Fellowship Initiative [00:10:18]
Impact of Technology on Investment Decision-Making [00:27:01]
Customizing Portfolios with Technology [00:34:29]
Non-profit FCLTGlobal interviews today's leaders in global business and investing to discuss how they are running their companies for the long term, on issues including capital allocation, risk management, climate change, sustainability, and more. Hosted by Sarah Keohane Williamson, CEO of FCLTGlobal.
To learn more, visit FCLTGlobal.org.
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