L&G Talks Asset Management

407: In conversation with Jo McCaffrey: leading through change

06 May 2026

Contributed by Lukas

L&G’s Chief Strategy and Product Officer Jo McCaffrey talks to Chief Marketing Officer Andy McQuillan about the rapidly accelerating evolution o...

406: All eyes on Affordable Housing

23 Apr 2026

Contributed by Lukas

L&G’s Affordable Housing platform is a demonstration of how investing in real assets has the potential to make a real difference.Aside from off...

404: Behaviour, data and technology: the DC outcomes equation

16 Apr 2026

Contributed by Lukas

This episode explores how the DC industry – and L&G – can move from member engagement to action, at a time when new research* indicates that ...

403: The case for dynamic duration management in credit portfolios

09 Apr 2026

Contributed by Lukas

In this episode, Amelie Chowna, Head of Fixed Income Strategic Initiatives and Alex Mack, Head of Inflation and Rates explore the role of duration in...

402: Prepare don’t predict: Tackling geopolitical uncertainty

26 Mar 2026

Contributed by Lukas

We can’t predict how geopolitical events unfold, but how do investors adapt to market stress and maintain portfolios that remain robust regardless o...

401: Middle East update – market impacts and outlook

20 Mar 2026

Contributed by Lukas

This episode is the edited audio of a webinar we held with clients on 20 March to discuss the market reaction to the ongoing conflict in the Middle Ea...

400: Three paths to diversification

19 Mar 2026

Contributed by Lukas

In this special edition of L&G Talks Asset Management, we examine three different approaches to diversification.Our speakers are: Elisa Piscopiell...

399: Middle East conflict: implications for investors

06 Mar 2026

Contributed by Lukas

This episode is the edited audio of a webinar we held with clients on 5 March to discuss the implications for investors of the recent escalation in th...

398: US tariffs, AI meltdown and JGBs – Market Talk

26 Feb 2026

Contributed by Lukas

Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the US Supreme Court’s ruling on tariffs, concerns around the future of softw...

397: Endgame Insights: Putting theory into practice

19 Feb 2026

Contributed by Lukas

In late 2024, we published our inaugural Endgame Insights report for DB schemes. With a new version around the corner, here’s a sneak preview of wha...

396: Mind the gap: Can CDC schemes resolve intergenerational unfairness?

12 Feb 2026

Contributed by Lukas

Collective Defined Contribution (CDC) schemes are being described as the next evolution in pensions, yet innovation often comes with challenges. Jo...

395: Private markets – Carving a path

05 Feb 2026

Contributed by Lukas

What do the next 12 months have in store for private markets? That’sthe question our panel aims to answer on this week’s podcast.Discussion focus...

394: Dividend strategy: avoiding traps and tapping income potential

02 Feb 2026

Contributed by Lukas

How important are dividends as a component of overall equity returns? Which countries offer the best prospects? And how can investors seek to avoid d...

393: Greenland, Japanese bonds and a volatility playbook – Market Talk

22 Jan 2026

Contributed by Lukas

Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the market response to President Trump’s comments on Greenland, how investors...

392: Seeking differentiated alpha in 2026 and beyond

15 Jan 2026

Contributed by Lukas

In 2026, investors continue to face volatility and uncertainty. How can they seek to access differentiated alpha through targeting potential market di...

391: Changing the status quo: Smarter investment strategies for DC

08 Jan 2026

Contributed by Lukas

With pensions adequacy an increasingly critical issue for the industry, we examine how smarter DC investment strategies are more important than ever.F...

390: In Conversation with… Amelie Chowna

18 Dec 2025

Contributed by Lukas

In this episode of L&G Talks, we catch up with Amelie Chowna, our newly appointed Head of Fixed Income Strategic Initiatives. Amelie shares her c...

389: Our 2026 investment outlook – the CIO call

11 Dec 2025

Contributed by Lukas

This special episode marks the publication of our 2026 global outlook, which offers insights across public and private markets after another remarkabl...

388: Private credit perspectives from Blackstone and L&G

04 Dec 2025

Contributed by Lukas

In this special episode, we discuss our partnership with Blackstone, the world’s largest alternative asset manager. We also offer an overview of pr...

387: Europe’s energy transition: An opportunity among the challenges

01 Dec 2025

Contributed by Lukas

Europe’s emissions reduction goals are ambitious, with the continent providing a continually supportive regulatory backdrop to spur a transition to ...

386: UK Budget – implications for investors

27 Nov 2025

Contributed by Lukas

Listen to our in-house investment professionals share their thoughts on the Budget. It’s difficult to remember a time when a UK Budget was more ner...

385: Are we in an AI boom or bubble?

13 Nov 2025

Contributed by Lukas

A trio of L&G investment experts recently recorded a webinar to discuss the wide-ranging implications of artificial intelligence (AI) for investo...

384: Buyout 2.0: Back to basics

30 Oct 2025

Contributed by Lukas

Our Head of Solutions Distribution joins the podcast to share our latest endgame thinking for DB schemes. It won’t have escaped DB clients’ atten...

383: Are growth strategies anti-value?

23 Oct 2025

Contributed by Lukas

These two investment styles are often positioned as opposites, but this framing may obscure the complex interplay between them. Instead, Ayah Habboub...

382: Artificial reality vs. the real world – the economics of AI

16 Oct 2025

Contributed by Lukas

How is the mass adoption of AI changing the labour market? Could this technology shift the balance of geopolitical power? And can investors access thi...

381: Politics, emerging markets and gold – Market Talk

09 Oct 2025

Contributed by Lukas

Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on political turbulence in the US, France and Japan, and considers whether the str...

380: Our global approach to active fixed income

02 Oct 2025

Contributed by Lukas

In today’s interconnected markets, we believe taking a global approach to managing fixed income assets is essential, as economic or political develo...

379: Quantum computing: What, how and when?

25 Sep 2025

Contributed by Lukas

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: qu...

378: Why doesn’t it feel like a bull market? Market Talk

18 Sep 2025

Contributed by Lukas

Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on upcoming central bank decisions, and explains why market returns, economic grow...

377: Do famous investment sayings hold water?

11 Sep 2025

Contributed by Lukas

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?...

376: Government debt and the uncertainty premium – Market Talk

04 Sep 2025

Contributed by Lukas

Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the latest drama at the US Federal Reserve, political developments in France, a...

375: Interest rate expectations, US data revision and AI earnings – Market Talk

06 Aug 2025

Contributed by Lukas

Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the steepening of the yield curve, the collision of politics and economic data,...

374: UK universities: A nexus for private market investment

31 Jul 2025

Contributed by Lukas

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...

373: Where next for AI stocks? Market Talk

24 Jul 2025

Contributed by Lukas

Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on early signs that tariffs are having an impact on US inflation, volatility in Ja...

372: In conversation with... Eric Adler, CEO, Asset Management

10 Jul 2025

Contributed by Lukas

In this special and wide-ranging episode, Eric reflects on his journey through the asset management industry and the personal values that informed his...

371: Our Midyear Global Outlook – The CIO call

04 Jul 2025

Contributed by Lukas

We recorded this special episode to mark the publication of our midyear global outlook, which offers key views across public and private markets aft...

370: Middle East conflict, inflation and interest rates – Market Talk

25 Jun 2025

Contributed by Lukas

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 ra...

369: How to tackle equity market concentration risk

19 Jun 2025

Contributed by Lukas

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 ...

369: Unpacking unconstrained strategies

12 Jun 2025

Contributed by Lukas

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 benchm...

368: As above, so below: The case for crossover private credit

06 Jun 2025

Contributed by Lukas

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,...

367: L&G explains: What does the term ‘money market fund’ actually mean?

29 May 2025

Contributed by Lukas

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 outlo...

366: US tariffs, the Hong Kong dollar and UK inflation – Market Talk

22 May 2025

Contributed by Lukas

Ben Bennett, Head of Investment Strategy Asia, shares his thoughts on the rebound in risk assets following the preliminary US/China trade deal. Also u...

365: Tomorrow and tomorrow and tomorrow – private markets in Q2 and beyond

21 May 2025

Contributed by Lukas

2025’s macro turbulence has been well documented; but is there opportunity among the uncertainty? As we approach the year’s halfway point, we lo...

364: What’s driving the recovery? Market Talk

07 May 2025

Contributed by Lukas

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 tarif...

363: Can factor strategies be decarbonised?

01 May 2025

Contributed by Lukas

Following the publication of a major new research paper, Raj Shah, a Senior Quant and Factor Strategist within our Index Solutions team, delves into t...

362: Where next for US assets? Market Talk

24 Apr 2025

Contributed by Lukas

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...

361: The art of the deal? US credit in 2025

17 Apr 2025

Contributed by Lukas

At the beginning of the year, a narrative of US exceptionalism was the consensus among many market participants. However, significant policy uncertai...

360: Retirement realities

03 Apr 2025

Contributed by Lukas

In this episode, we explore Defined Contribution (DC) investments and the changing reality of retirement. Our DC Head of Clients, Jayesh Patel, and cl...

359: Where next for markets after a turbulent Q1?

28 Mar 2025

Contributed by Lukas

Our expert panel discusses the remarkable shift in the market narrative, which has accompanied a rotation away from some of the best-performing assets...

358: Water, AI and data centres

20 Mar 2025

Contributed by Lukas

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 interse...

357: Investing in the UK: Real estate and beyond

06 Mar 2025

Contributed by Lukas

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. ...

356: Germany’s debt brake, Chinese tech and political polarisation – Market Talk

27 Feb 2025

Contributed by Lukas

Ben Bennett, Head of Investment Strategy for Asia, discusses what Germany’s parliamentary election might mean for the future of the country’s much...

355: A long-term view on EMD

20 Feb 2025

Contributed by Lukas

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 emergi...

354: US tariffs, BoE cut and European equity rally – Market Talk

13 Feb 2025

Contributed by Lukas

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 se...

353: The View from the Top: A long-term look at private markets

11 Feb 2025

Contributed by Lukas

This week on LGIM Talks, the cameras are rolling as we sit down for a special video edition of the podcast. We’re joined by Bill Hughes, Global Head...

352: Should investors hedge forex risk?

30 Jan 2025

Contributed by Lukas

Ahead of the release of an in-depth research paper, John Southall, Head of Strategic Research in our Asset Allocation team, delves into FX hedge ratio...

351: 2024 reflections and 2025 preparations – the CIO call

23 Jan 2025

Contributed by Lukas

Join Sonia Laud, our Chief Investment Officer, as she shares her thinking on the key themes that should now be on investors’ radars. In this week’...

350: What’s going on in government bonds? Market Talk

16 Jan 2025

Contributed by Lukas

Ben Bennett, our Head of Investment Strategy for Asia, dissects the recent rise in government bond yields, and market mood ahead of Donald Trump’s i...

349: In conversation with... Natasha Mora, Managing Director LGIM Asia

09 Jan 2025

Contributed by Lukas

What role does Asia play LGIM's global growth strategy? To find out, this month we sit down with Natasha Mora, MD of LGIM Asia, to learn about our pr...

348: Private markets in 2025: Digital infrastructure, affordable housing and university spinouts

19 Dec 2024

Contributed by Lukas

We recently published our outlook for private markets in 2025, looking at some of the factors potentially impacting these assets over the next 12 mont...

347: Political drama, interest rates and fallible forecasts – Market Talk

12 Dec 2024

Contributed by Lukas

How have markets reacted to political turmoil in France and South Korea? Will central bankers in Europe and the US remain on the same rates path? And ...

346: 2025 outlook: US exceptionalism, political risk and non-consensus views

05 Dec 2024

Contributed by Lukas

In a special podcast ahead of the publication of our 2025 global outlook, our experts offer key views across public and private markets in what promis...

345: Maths, markets and misconceptions

28 Nov 2024

Contributed by Lukas

In this episode, we explore the crucial role that mathematics plays in modern investment strategy. We also discuss how human irrationality shows up in...

344: Dollar dominance deconstructed – Market Talk

21 Nov 2024

Contributed by Lukas

Will the US Federal Reserve cut rates again in December? How is dollar strength affecting Europe and Japan? And why have markets been unmoved by the p...

343: COP16 – outcomes, opportunities and observations

15 Nov 2024

Contributed by Lukas

Earlier this month, representatives of 196 countries gathered in Columbia for the United Nations’ COP16 – the world’s largest biodiversity summi...

342: What does Trump’s election win mean for investors?

07 Nov 2024

Contributed by Lukas

Following Donald Trump’s historic comeback, we assess the key implications for investors in a special podcast recorded hours after the result was an...

341: What does ‘climate action investing’ actually mean?

17 Oct 2024

Contributed by Lukas

The goal is to allocate more capital to the business opportunities the transition creates, while simultaneously driving down emissions over time. Tr...

340: China rally, US jobs and Japan’s new PM – Market Talk

10 Oct 2024

Contributed by Lukas

Has the blistering rally in Chinese equities got further to go, or was that it? What do strong jobs numbers out of the US tell us about the likely pat...

339: Fixed income in focus: checking in on Euro credit

03 Oct 2024

Contributed by Lukas

For the latest in our quarterly series of updates on the global fixed income market, LGIM’s Head of Euro Credit Marc Rovers gives us a detailed brie...

338: US election: key themes for investors – the CIO call

25 Sep 2024

Contributed by Lukas

Many of the themes at the heart of the US election are of immense importance to investors. As the presidential race enters its final stage, we discus...

337: In conversation with… Ben Cherrington, Head of UK Wholesale

19 Sep 2024

Contributed by Lukas

What does it take to rise up the ranks of investment distribution? And how has the advent of hybrid working and the demise of corporate hospitality ch...

336: Volatility, dis-inversion and the path of rates – Market Talk

12 Sep 2024

Contributed by Lukas

What was behind last month’s ‘flash crash’ and last week’s smaller wobble? Does the dis-inversion of the US treasury yield curve signal recess...

335: Master trust matters with Robert Waugh, Chair of Trustees of the Legal & General Mastertrust

05 Sep 2024

Contributed by Lukas

It’s been more than a year since Robert Waugh took over as the independent chair of the Legal & General Mastertrust’s board of trustees. In o...

334: What do the terms ‘run-on’ and ‘surplus’ actually mean?

29 Aug 2024

Contributed by Lukas

With surplus extraction now a realistic proposition for many DB schemes, ‘run-on’ could be an increasingly popular endgame option. In our latest...

333: Happy holidays from LGIM Talks!

08 Aug 2024

Contributed by Lukas

We’re taking a short break from the pod but we’ll be back on 22 August with more news and views from across our investment teams.

332: What's in a name? The power of global brands

01 Aug 2024

Contributed by Lukas

What can the summer of sport tell us about the power of the world’s biggest brands? How can brand value be quantified? And why might investors seek ...

331: US elections, equity rotation, and a major celebration – Market Talk

24 Jul 2024

Contributed by Lukas

How should investors interpret the latest twists and turns in the race for the White House? What’s behind the rise in US small-cap stocks? What shou...

330: Private markets: where next?

22 Jul 2024

Contributed by Lukas

Is investor interest in private markets set to continue? Or has their appeal been hit by the interest rate cycle of the last two years? And how can in...

329: Peeping behind the curtain: private market investments in DC pensions

15 Jul 2024

Contributed by Lukas

With so much to uncover about how private market investments could fit into DC pension fund strategies, we look at some of the challenges and how they...

328: UK election special: our experts discuss investor implications

05 Jul 2024

Contributed by Lukas

The accuracy of opinion polls has meant that the initial reaction of sterling assets to a new government has been relatively muted. But irrespective o...

327: Elections, Nvidia and ballooning deficits – Market Talk

27 Jun 2024

Contributed by Lukas

How should investors aim to navigate the wave of election uncertainty currently enveloping financial markets? Is  Nvidia a classic example of concent...

326: Climate Impact Pledge 2024 – moving the needle on net zero

26 Jun 2024

Contributed by Lukas

In this special episode, we mark the publication of our 2024 Climate Impact Pledge report, by discussing the highlights and key findings of our engage...

325: Fixed income in focus: halfway there

14 Jun 2024

Contributed by Lukas

As bond investors look towards the second half of 2024, we hear from Colin Reedie, Head of Active Strategies, regarding the myriad of forces driving f...

324: Indian elections, Chinese bond yields and US payrolls - Market Talk

05 Jun 2024

Contributed by Lukas

Where next for investors in light of the Indian election result? Are Chinese bond yields seemingly low relative to their Western counterparts, or shou...

323: Water scarcity: why it matters for investors

03 Jun 2024

Contributed by Lukas

Saturday 8 June is World Ocean Day, which this year has the theme of catalysing action for our ocean and climate. It’s a timely reminder of the vita...

322: US consumption, equity and credit divergence and copper – Market Talk

22 May 2024

Contributed by Lukas

Are tighter lending conditions finally impacting the US consumer? What’s behind the apparent divergence in equity and credit markets? And why is the...

321: Digging deeper into commodities: geopolitics, the energy transition and gold

16 May 2024

Contributed by Lukas

In a follow-up to our February podcast that introduced commodities as an asset class, we return to the subject. This time around, we explore the inter...

320: What does the term ‘endgame’ actually mean?

09 May 2024

Contributed by Lukas

With DB schemes maturing rapidly amid higher funding levels, talk of endgame strategies is all around. Yet what specifically are we referring to whe...

319: Patient Powell, China’s equity rally and oil - Market Talk

02 May 2024

Contributed by Lukas

With strong US growth and sticky inflation, why is Jay Powell still in patient mode on the interest rate front? What’s behind the near 20% rally in ...

318: Engage for change: Active Ownership at LGIM

25 Apr 2024

Contributed by Lukas

To coincide with the launch of LGIM’s 13th annual Active Ownership report, we discuss the depth and breadth of our work in 2023 on the issues of nat...

317: What megatrends will define the future of real assets?

22 Apr 2024

Contributed by Lukas

Advances in technology, population change, decarbonisation and geopolitical pressures are both catalysing new industries and rendering some assets obs...

316: Geopolitics, higher real yields, and China GDP – Market Talk

18 Apr 2024

Contributed by Lukas

How do investors price in geopolitical tensions? And with fewer than two US interest rate cuts now priced into markets, is there any stopping the rise...

315: Why ‘Goldilocks’ is in danger – the CIO call

11 Apr 2024

Contributed by Lukas

In our first official CIO call of 2024, we weigh how the macro, political and geopolitical outlook might affect the already-impressive rally notched u...

314: Financial advisers: riding the rollercoaster

04 Apr 2024

Contributed by Lukas

With a wave of new regulation and an ever-increasing range of investment products and solutions from which to choose, the job of wealth managers and f...

313: Strong equities, supportive credit, currency vol – Market Talk

28 Mar 2024

Contributed by Lukas

As we head towards the end of the first quarter, Ben Bennett, Investment Strategist APAC, examines the reasons behind equity and credit strength despi...

312: Fixed income in focus: emerging market debt

25 Mar 2024

Contributed by Lukas

In light of a solid macroeconomic backdrop for emerging markets, and a benign currency outlook, why is investor positioning for emerging market debt s...

311: Divorced, retired, female: The hidden cost of divorce for women

14 Mar 2024

Contributed by Lukas

We all know about the gender pensions gap, but what about the risks to women’s retirement prospects after a divorce? In this International Women’...

310: An alphabet of acronyms – Market Talk

07 Mar 2024

Contributed by Lukas

PCE, CPI and PPI – all forms of measuring inflation and all likely to shape current thinking by the US Federal Reserve and, by implication, other ce...

309: Corporate America, China stimulus and cricket – Market Talk

22 Feb 2024

Contributed by Lukas

Given a slew of decent corporate results, is the US economy running too hot? Why are investors shrugging their shoulders over the most recent bout of ...

308: Fixed income in focus: technicals versus fundamentals

15 Feb 2024

Contributed by Lukas

In the first of our new series of active fixed income podcasts, we talk to Mat Rees, Head of Global Bond Strategies, about the macro events shaping fi...