Our Head of Solutions Distribution joins the podcast to share our latest endgame thinking for DB schemes. It won’t have escaped DB clients’ attention that there’s recently been significant talk of surplus extraction. However, we strongly believe it’s important not to lose sight of the reason we’re here in the first place: to help schemes meet their core fiduciary duty to pay all members’ pensions as they fall due, with a buy-in or buyout usually seen as the gold standard objective for many trustees. To discuss all this and more, our Head of Solutions Distribution, Lara Edmonstone-West, gets behind the microphone. This podcast was recorded on 22 October 2025. All data points sourced from the PPF and L&G. For professional investors only. Capital at risk.
These two investment styles are often positioned as opposites, but this framing may obscure the complex interplay between them. Instead, Ayah Habboub, and Index Researcher in L&G’s Index Solutions team, argues that designing growth strategies in a way that is agnostic to value could allow investors to capture the market returns unique to each factor. This podcast was recorded on 17 October 2025 and is hosted by Harry Brooks, European Content Manager. For professional investors only. Capital at risk. It should be noted that diversification is no guarantee against a loss in a declining market.
How is the mass adoption of AI changing the labour market? Could this technology shift the balance of geopolitical power? And can investors access this theme without increasing concentration risk? In this week’s episode, three L&G experts share their insights. Our speakers are: James Carrick, Senior Economist and Strategist Matthew Rodger, Economist Andrzej Pioch, Fund Manager This episode was recorded on 10 October 2025 and is hosted by Harry Brooks, European Content Manager. Sources: AI as percentage of US Q1 GDP: L&G calculations, Macrobond, Artificial Analysis, AI spend includes computer, software, data centre and electricity investment. Investment not adjusted for import component as at 30 June 2025. US and China make up 80% of AI: EPOCH AI as at June 2025. AI spillover and multiplier effects: Honey, AI Capex is Eating the Economy US Census Bureau estimate of AI capex: Macrobond as at June 2025. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future. Securities mention for illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security.
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on political turbulence in the US, France and Japan, and considers whether the structural drivers behind the rising gold price can support continued gains. This podcast was recorded on 8 October 2025 and is hosted by Harry Brooks. All data is sourced from LSEG as at 7 October 2025 unless otherwise stated. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future. Securities mention for illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security.
In today’s interconnected markets, we believe taking a global approach to managing fixed income assets is essential, as economic or political developments in one region can have a significant impact around the world. In the latest episode of L&G Talks Asset Management, Colin Reedie and Jason Shoup, Co-Heads of Global Fixed Income at L&G, had a transatlantic conversation on the benefits of thinking and acting globally, and discussed: What a global approach to active fixed income really means—and how it works in practice How to balance regional expertise with a globally consistent approach The inside story on our global meetings and debates, and how the outcomes shape our regional positioning Insights into current market dynamics that affect investors around the world from US exceptionalism, to emerging markets and AI For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future.
This week on L&G Talks Asset Management we bring together a panel of leading experts to discuss one of the most talked-about technology topics: quantum computing. Our panel explains why quantum represents a paradigm shift in computing, particularly given recent advances in artificial intelligence. From an investor standpoint, we’ll also look at why we believe now is the time for interested investors to seek out exposure to quantum companies. Hosting the discussion we’ve Alastair Stewart, Head of Investments for Venture Capital, L&G. Joining the conversation we have: Alessandro Curioni - Vice President of IBM Europe and Africa and Director of the IBM Research Lab in Zurich, Switzerland. Alessandro is a world-leading expert on quantum computing and also part of L&G’s venture capital advisory board. John Morton – Founder and CTO, Quantum Motion. In addition to being the founder of multiple quantum start-ups, John is also a leading professor at University College London. Chloe Hall - Senior Investment Manager - Venture Capital, L&G. In addition to her work with L&G, Chloe has been a board-level representative in several growth-stage deep tech companies. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The included information does not constitute a recommendation to buy or sell any security.
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on upcoming central bank decisions, and explains why market returns, economic growth and sentiment don’t always run in parallel. This podcast was recorded on 17 September 2025 and is hosted by Harry Brooks. All data is sourced from LSEG as at 17 September 2025 unless otherwise stated. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future.
Anyone who has spent time thinking about markets is likely to have heard at least a few time-honoured investing aphorisms. But do they actually work? In this episode, three experts discuss the findings from their recent whitepaper, which aimed to answer this question, separating the pearls of wisdom from the specious sayings. Our speakers are: Christopher Jeffery, head of macro strategy Christopher Teschmacher, fund manager and head of asset allocation investment specialists, and Patrick Greene, strategist This podcast is hosted by Dee Campell, DC Content Manager, and was recorded on 8 September 2025. To read the whitepaper, search for ‘L&G insights’, where you’ll find all our latest thought leadership. It should be noted that diversification is no guarantee against a loss in a declining market. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future.
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the latest drama at the US Federal Reserve, political developments in France, and China’s equity market rally. This podcast was recorded on 3 September 2025 and is hosted by Harry Brooks. All data is sourced from LSEG as at 3 September 2025 unless otherwise stated. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future.
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the steepening of the yield curve, the collision of politics and economic data, and bumper earnings from the US tech giants. This podcast was recorded on 6 August 2025 and is hosted by Harry Brooks. All data is sourced from LSEG as at 5 August 2025 unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future.
On this week’s L&G Talks Asset Management, we cover how UK universities are creating a nexus for Private Markets investment. Our recent research covered this subject, and discussion focused on some of the key points it raised, along with potential investment implications. Our panel consisted of: Bill Page, Head of Real Estate Research, L&G Melissa Lockett, Investment Director, Investment & Place Partnerships, L&G You can listen on: Apple Podcasts, Audioboom and Spotify. This podcast is hosted by Nick Jardine, Content Manager – Private Markets, at L&G. It was recorded on 29 July, 2025. Sources: Beauhurst, Spotlight on Spinouts, 2024, L&G StuRents, Knight Frank, December 2024 HESA, 2025 L&G calculations form ONS workforce jobs data, 2025 London Economics/Universities UK – The impact of higher education sector on the UK economy, Aug 2023 For professional investors only. Capital at risk.
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on early signs that tariffs are having an impact on US inflation, volatility in Japanese government bonds and what’s driving AI stocks. This podcast was recorded on 23 July 2025, and is hosted by Harry Brooks. All data is sourced from LSEG as at 23 July 2025 unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security.
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 democratisation of private markets, our approach to market volatility and why French is his favourite language but Italian is his favourite food. This podcast was recorded on 30 June, 2025. Source for percentage of pension risk transfer deals originating from existing clients: L&G 2024 full year results. All other figures cited L&G as at 30 June 2025 unless otherwise stated. For professional investors only. Capital at risk.
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 The outlook for private market assets – and their role in portfolios Addressing concentration risk within index and ETF strategies During the episode, Sonja Laud, our Global CIO, was joined by: Anthony Woodside, Head of Multi-Sector Fixed Income & Investment Strategy, Asset Management, America Christopher Jeffery, Head of Macro Strategy David Barron, Global Head of Index and ETFs Rob Martin, Global Head of Investment Strategy & Research, Private Markets The speakers also offer non-consensus market views for the next six months – and share what they are planning to read and watch over the summer. The podcast was recorded on 3 July and was moderated by Max Julius, Head of Content. For professional investors only. Capital at risk.
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 otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only.
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 only. Capital at risk. Past performance is not a guide to the future. It should be noted that diversification is no guarantee against a loss in a declining market. Securities are mentioned for illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass.
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 Enda Mulry, Portfolio Manager in our Global Bond Strategies team. This episode is hosted by Andrew Lowry, European Content Manager. For professional investors only. Capital at risk.
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 deals that may utilise this form of credit and how it may fit into a portfolio. Asking the questions is Nick Jardine, Content Manager for L&G’s Private Markets platform. All data is sourced internally from L&G as of June 2025, unless otherwise states. For professional investors only. Capital at risk. Source: Moody’s Annual Default Study, 2023. Based on issuer-weighted average default rates and issuer-weighted senior unsecured bond recovery rates, from 1983-2023.
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 May 2025 unless otherwise stated. For professional investors only. Capital at risk. It should be noted that diversification is no guarantee against a loss in a declining market.
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 at risk.
Craig Sullivan
very good podcasts