L&G Talks Asset Management
Episodes
206: Checking in on the hotel sector
28 Mar 2022
Contributed by Lukas
Two years on from the first COVID lockdown, and in this podcast, we look at how the hotel sector has recovered since then, how it’s coping with curr...
205: Hang Seng, rate hikes and higher yields – Market Talk
17 Mar 2022
Contributed by Lukas
In this latest edition of Market Talk, Ben Bennett, Head of Investment Strategy and Research explains the reasons behind China’s volatile stock mar...
204: Ukraine conflict: Energy, index and debt implications
10 Mar 2022
Contributed by Lukas
In this special update, Sonja Laud, our CIO, discusses the latest macro and market implications of the conflict in Ukraine, with a particular focus on...
203: International Women’s Day special
08 Mar 2022
Contributed by Lukas
In celebration of International Women’s Day, Sarah Bates, Co-founder of the Diversity Project, spotlights the changing attitudes towards women in fi...
202: When geopolitics and inflation collide
02 Mar 2022
Contributed by Lukas
The conflict in Ukraine is moving markets worldwide, driving the oil price to its highest level in more than seven years. But what does this mean for ...
201: Ukraine conflict: Implications for investors
25 Feb 2022
Contributed by Lukas
The conflict in Ukraine is moving markets worldwide. So we’re sharing with our podcast listeners the recording of a live client call we held on Thur...
200: Geopolitical tensions, bruised bonds and rising inflation – Market Talk
23 Feb 2022
Contributed by Lukas
In this fortnightly episode of Market Talk, Ben Bennett, LGIM’s Head of Investment Strategy and Research, looks at the market implications of escala...
199: Global inflation – how worried should we be?
18 Feb 2022
Contributed by Lukas
In this short podcast, our Global Economist James Carrick, takes a brief look at the causes behind global inflation, its differing effects on consumer...
198: Central bank surprises and credit investing – the CIO call
10 Feb 2022
Contributed by Lukas
In this month’s CIO call, Sonja Laud, LGIM’s chief investment officer, discusses how the hawkish shift in monetary policy is reverberating across ...
197: In conversation with Rita Butler-Jones
03 Feb 2022
Contributed by Lukas
From her early days of excelling on the netball court, and singing in Gilbert and Sullivan’s operettas, to navigating the defined contribution pensi...
196: Chinese New Year Special – Market Talk
31 Jan 2022
Contributed by Lukas
As China prepares to enter a new lunar year, Ben Bennett, Head of Investment Strategy and Research gives us a deep dive into Chinese equities, bonds, ...
195: Tech turmoil and fighting thematic FOJI
27 Jan 2022
Contributed by Lukas
It has been a difficult start to the year for many tech stocks. In this episode, we look through the present volatility to examine the broader relatio...
194: Bond tantrums and equity market corrections – Market Talk
24 Jan 2022
Contributed by Lukas
Bond yields are grinding higher and volatility has returned to global stock markets. So what’s driving the changing narrative and what can we expect...
193: Rising US bond yields, tech woes and a China rate cut – Market Talk
17 Jan 2022
Contributed by Lukas
As the Federal Reserve prepares to push the button on US interest rates, Ben Bennett, head of investment strategy and research looks at the implicatio...
192: CIO call special: Are we entering another Roaring Twenties?
13 Jan 2022
Contributed by Lukas
In this month’s special edition of the CIO call, Sonja Laud, LGIM’s chief investment officer, discussed the macro and market outlook this year, wi...
191: What does net zero mean to you: LCP
06 Jan 2022
Contributed by Lukas
In our final episode of our mini-series, join Lindsey Bass and Laura Brown as they interview Claire Jones and Dan Mikulskis from LCP, pulling apart th...
190: LDI Outlook: Inflation focus
20 Dec 2021
Contributed by Lukas
As inflation continues to hit the headlines, we discuss the challenges and questions that DB pension portfolios are likely to face in 2022, and what w...
189: CIO outlook: How we’re tackling 2022
15 Dec 2021
Contributed by Lukas
In this year’s final edition of the CIO call, Sonja Laud, LGIM’s chief investment officer, discussed the themes likely to dominate markets next ye...
188: Real assets 2022 outlook
10 Dec 2021
Contributed by Lukas
The search for yield, diversification, cashflow and secure income have all changed the way investors consider real assets in their portfolios. But wha...
187: Looking back on 2021 and looking forward to 2022 – Market Talk.
07 Dec 2021
Contributed by Lukas
In the last episode of Market Talk for 2021, Ben Bennett, Head of Investment Strategy and Research takes a look back at financial markets in 2021 – ...
186: What does net zero mean to you: Brunel
03 Dec 2021
Contributed by Lukas
In our third podcast on the theme of “what does net zero mean to you?”, we discuss climate targets and topics with David Vickers from Brunel. Spe...
185: LGIM looks back at a tricky year for fixed income and the 2022 outlook
02 Dec 2021
Contributed by Lukas
Why didn’t credit markets behave the way the textbooks said they would at a time when inflation jumped? How will the oil price affect how emerging-m...
184: Omicron, M&A activity and oil - Market Talk
29 Nov 2021
Contributed by Lukas
How will the new COVID variant impact financial markets? What is an uptick in M&A activity telling us? And where next for the oil price? Ben Benne...
183: US Thanksgiving, European COVID restrictions and the growth vs value trade – Market Talk
22 Nov 2021
Contributed by Lukas
With the US consumer in good spirits, will the Fed have to taper more quickly than first thought? And with renewed COVID restrictions in Europe what a...
182: CIO call special: What does COP26 mean for investors?
18 Nov 2021
Contributed by Lukas
In this month’s special edition of the CIO call, Sonja Laud, LGIM’s chief investment officer, examined the implications for investors of this mont...
181: An early Santa rally, emerging market bonds and news on the Fed chair – Market Talk
15 Nov 2021
Contributed by Lukas
Strong corporate earnings have propelled equity markets higher and the US dollar is rallying in sympathy. But what does that mean for emerging market ...
180: What does net zero mean to you: ITS
11 Nov 2021
Contributed by Lukas
In our second podcast on the theme of “what does net zero mean to you?”, we discuss climate targets and topics with Tegs Harding from Independent ...
179: A dovish Fed, strong US payrolls and China’s rising COVID caseloads – Market Talk
08 Nov 2021
Contributed by Lukas
Strong US payrolls and still the US Federal Reserve retains a patient stance, while China witnesses the emergence of new COVID cases and renewed lockd...
178: Hawkish central banks, bouyant equities and rising wages – Market Talk
02 Nov 2021
Contributed by Lukas
The end of extreme monetary policy may be approaching but equity markets remain buoyant. So, what’s driving them and could it all change? Ben Bennet...
177: LGIM’s CEO talks COP and climate with Lewis Pugh
01 Nov 2021
Contributed by Lukas
In this episode, and before travelling to Glasgow’s COP26, Michelle Scrimgeour, LGIM’s CEO, spoke with UN Patron of the Oceans, Lewis Pugh. Discus...
176: LDI – 20 years on
28 Oct 2021
Contributed by Lukas
After 20 years of liability-driven investing, we look back at how trends in LDI have changed over the past two decades and ask what can trustees expec...
175: ‘Bullet-proof’ US equities, inflation and policy tightening – Market talk
25 Oct 2021
Contributed by Lukas
US corporate earnings, the global inflation outlook and monetary-policy tightening are the subject of this week’s episode of Market Talk, with Ben B...
174: Policy errors and market vol – the CIO call
19 Oct 2021
Contributed by Lukas
In this month’s episode, Sonja Laud, LGIM’s CIO, discusses recent market and macro developments, in particular how the outlook for monetary policy...
173: Adapting for the new normal and beyond: an intermediary’s insights
15 Oct 2021
Contributed by Lukas
It’s been a rollercoaster year and a half with unprecedented challenges. While we have recently seen a return to some aspects of life pre-COVID, the...
172: Rising energy prices, equity resilience and a possible UK rate hike? Market Talk
11 Oct 2021
Contributed by Lukas
Equity markets remain resilient against a backdrop of inflationary pressures, rising commodity prices and possible rate tightening by the Bank of Engl...
171: Countdown to COP26
07 Oct 2021
Contributed by Lukas
As the urgency surrounding the latest UN-backed summit intensifies, we reveal why the public and private sectors need to act now in the face of a clim...
170: Rising US bond yields, debt ceiling negotiations and the Japanese leadership contest – Market Talk
04 Oct 2021
Contributed by Lukas
What do rising US bond yields and a stronger dollar have in common? And how will negotiations over the US debt ceiling play out? Listen to the latest ...
169: What does net zero mean for you?
30 Sep 2021
Contributed by Lukas
As climate issues heat up for pension schemes, we’ll be featuring guest speakers from across the investment industry, to discuss “what does net ze...
168: Like it or lump it: Retiree attitudes to tax-free cash
28 Sep 2021
Contributed by Lukas
Tax-free cash may be the nation’s favourite pension perk, but are retirees getting the most out of their money? From behavioural insights to tax eff...
167: China, inflation, the Fed, and meme stocks – the CIO call
27 Sep 2021
Contributed by Lukas
In this month’s episode of the CIO call, Sonja Laud shares her perspective on developments in China’s property sector and tapering by the Federal ...
166: Evergrande, Fed minutes and the German elections – Market Talk
20 Sep 2021
Contributed by Lukas
How will the fall-out from Chinese property group, Evergrande, impact investors? And what will a post-Angela Merkel Germany look like? Listen to the l...
164: High yield, tapering and behavioural finance
16 Sep 2021
Contributed by Lukas
Martin Reeves, Global Head of High Yield, looks at the factors affecting high yield currently and explains what, he believes, are the key takeaways to...
165: The ECB’s quasi-tapering, the US debt ceiling and UK tax rises – Market Talk
13 Sep 2021
Contributed by Lukas
What should investors make of the latest rhetoric from ECB President, Christine Lagarde, and how may the latest US and UK fiscal moves impact investor...
163: Weaker Chinese data but stronger European inflation - Market Talk
06 Sep 2021
Contributed by Lukas
Economic growth may have been downgraded in the US and China but does stronger European inflation necessarily warrant a more hawkish ECB? Listen to Be...
162: Is this time really different?
19 Aug 2021
Contributed by Lukas
In this month’s episode of the CIO call, Sonja Laud discusses developments at the Fed and in China, with a focus on the global inflation outlook, as...
161: The landlord moratorium: its impact on landlords and savers
13 Aug 2021
Contributed by Lukas
In this latest episode of LGIM Talks, Bill Hughes, Head of Real Assets, talks candidly about the extension of the landlord moratorium on the landlord/...
160: Talking tapering and reducing risk – Market Talk
09 Aug 2021
Contributed by Lukas
Is the Fed still on track for tapering in light of the latest US unemployment figures? And how are we looking at risk in light of current stellar equi...
159: US tech results, China wobbles and a Hong Kong holiday – Market Talk
02 Aug 2021
Contributed by Lukas
Ben Bennett, Head of Investment Strategy and Research, talks US technology, tells us why China wobbles are specific to the region and reveals why he’...
158: Gap truth: Why gender still matters when it comes to retirement
28 Jul 2021
Contributed by Lukas
Women retiring today can expect to collect less than half of their male counterparts’ pensions. But is the gap narrowing – and what can be done to...
157: The Fed, real yields and China – Market Talk
26 Jul 2021
Contributed by Lukas
Why is China initiating a crackdown in certain sectors, what is the rally in global bond prices telling us and could the Fed give us a date for taperi...
156: COVID worries, oil and the EC’s proposed climate laws – Market Talk
19 Jul 2021
Contributed by Lukas
In this regular episode of Market Talk, Ben Bennett, head of investment strategy and research, gives us his brief take on the market impact of the Del...
155: The reflation trade, reconsidered – the CIO call
13 Jul 2021
Contributed by Lukas
In this month’s episode, Sonja Laud, LGIM’s CIO, discusses the latest developments moving markets, with a focus on the interplay between the globa...
153: US payrolls, ‘Freedom Day’ and the G20 summit - Market Talk
05 Jul 2021
Contributed by Lukas
In this regular episode of Market Talk, Ben Bennett, head of investment strategy and research, gives us his brief take on US payrolls, the opening up ...
152: In conversation with Shuen Chan
01 Jul 2021
Contributed by Lukas
When it comes to responsible investing, many of us realise the need for action on climate change. But do we know the characters behind the cause? Join...
151: Fedspeak and fiscal largesse – Market Talk
28 Jun 2021
Contributed by Lukas
In this week’s episode of Market Talk, we discuss the ongoing flurry of central bank speak, the outlook for cyclical stocks and some potentially mar...
150: Finding the greenest generation
24 Jun 2021
Contributed by Lukas
For the second year running, we surveyed over 3,000 DC members to find out how the pandemic had affected their attitudes towards saving and if the cri...
149: A hawkish Fed, stronger dollar and soggy commodities – Market Talk
21 Jun 2021
Contributed by Lukas
In this episode of Market Talk, Ben Bennett, head of investment strategy and research, gives us his brief take on the latest thoughts from the Fed mee...
148: Moneyball and markets: using data to improve the investment process
17 Jun 2021
Contributed by Lukas
In the book and film Moneyball, Michael Lewis showed how data analysis helped a baseball team uncover hidden talent. This has obvious lessons for inve...
147: The CIO call: An ESG inflection point
10 Jun 2021
Contributed by Lukas
After an extraordinary rally, risk assets may be at an inflection point amid questions over inflation and stimulus removal – and investors’ surgin...
146: US payrolls and the G7 summit - Market Talk
07 Jun 2021
Contributed by Lukas
In this episode of Market Talk, Ben Bennett, head of investment strategy and research, gives us his brief take on US payrolls, the growth versus value...
145: In Conversation With Justin Onuekwusi
03 Jun 2021
Contributed by Lukas
In this week’s episode, Justin Onuekwusi, LGIM’s Head of Retail Multi-Asset Funds talks candidly about his career journey to become a fund manager...
144: Crypto wobble and Fed minutes - Market Talk
24 May 2021
Contributed by Lukas
In this first episode of Market Talk, Ben Bennett, head of investment strategy and research, gives us his brief take on the latest Fed minutes, the ...
143: The CIO call: Markets and the psychology of inflation
17 May 2021
Contributed by Lukas
Sonja Laud, LGIM’s CIO, discusses the market outlook in light of recent macro developments, with a focus on some of the themes that emerged in our C...
142: Stock markets and the PMI effect
07 May 2021
Contributed by Lukas
In this episode of Blog on the Pod, Lars Kreckel, Global Equity Strategist tells us why PMIs can be good forward-looking indicators, examines their co...
141: Engaging with UK growth companies
29 Apr 2021
Contributed by Lukas
As a responsible investor, we believe in the power of engaging with the companies in which we invest to turn the dial on ESG issues. But how do we mak...
140: Reimagining retail: where next for consumers and investors?
23 Apr 2021
Contributed by Lukas
How can fortunes be revived in the retail sector? Is enough being done to accommodate changing consumer tastes? How is digital technology playing its ...
139: The CIO call: Commodities and climate risk
15 Apr 2021
Contributed by Lukas
Sonja Laud, LGIM’s CIO, discusses the market outlook in light of recent macro developments, with a focus on the commodity complex and global energy ...
138: Quality treats: defining and capturing quality in equities
12 Apr 2021
Contributed by Lukas
In equity markets, is quality in the eye of the beholder? Perhaps – if that investor also beholds the right data. In this episode, we discuss how in...
135: Active ownership: Engaging for change in a pandemic
31 Mar 2021
Contributed by Lukas
We discuss the key themes that emerge in our 10th annual Active Ownership report, which outlines the decisive action LGIM took in 2020 across a range ...
137: That sinking feeling: examining investor responses to low bond yields
25 Mar 2021
Contributed by Lukas
In our Blog on the Pod episode, John Southall, Head of Solutions Research, explores the similarities and differences of DB and DC investor behaviour i...
136: Exploring secure income assets
22 Mar 2021
Contributed by Lukas
In this week’s podcast, we discuss secure income assets, dispelling some myths and explaining some key features of this asset class, including how i...
133: The CIO call: Taper tantrum territory
11 Mar 2021
Contributed by Lukas
Sonja Laud, LGIM’s CIO, discusses the market outlook in light of recent macro developments, with a focus on fixed income volatility and conditions i...
132: Rising stars and fallen angels
26 Feb 2021
Contributed by Lukas
In this week’s episode of blog on the pod, we look at the ratio of rising stars to fallen angels in high-yield debt, chat about how a rise in intere...
131: Office space: looking beyond COVID-19
18 Feb 2021
Contributed by Lukas
In this week’s episode, members of LGIM’s Real Asset team examine what the office sector will look like in a post-COVID world in light of occupier...
130: The CIO call: Winners and losers
11 Feb 2021
Contributed by Lukas
Sonja Laud, LGIM’s CIO, discusses the market outlook in light of recent macro developments, with a focus on key themes that emerged in the Q4 compan...
129: Bubbles, bonds and barbell strategies
05 Feb 2021
Contributed by Lukas
In this week’s episode, Emiel van den Heiligenberg, head of asset allocation, examines the reasons behind renewed bubble talk and outlines his views...
128: Fixed income ETFs: fact versus fiction
27 Jan 2021
Contributed by Lukas
In this week’s episode, we look at the reality around some myths that have emerged about investing in bonds through ETFs. From why the Federal Reser...
127: Women in Investment Circles
22 Jan 2021
Contributed by Lukas
In this week’s episode, some of LGIM’s leading women managers share their experiences of personal growth and career development, challenging gende...
126: The CIO call: Biden, bonds and Brexit
12 Jan 2021
Contributed by Lukas
Sonja Laud, LGIM’s CIO, discusses the market outlook in light of recent COVID-19 developments, the U.S. Democratic Party’s gains in Georgia and th...
125: Make My Money Matter, Net Zero and DC pensions
16 Dec 2020
Contributed by Lukas
With slogans inviting us to be a ‘net-zero hero’ and to create ‘pensions with intention’, campaign group Make My Money Matter is causing a sti...
124: The CIO call: What to expect in 2021
10 Dec 2020
Contributed by Lukas
Sonja Laud, LGIM’s CIO, discusses our investment outlook for next year, touching on the prospects for the major asset classes – as well as gold an...
123: 2021 outlook: Emerging market debt
09 Dec 2020
Contributed by Lukas
Uday (Woody) Patnaik, head of emerging market debt, summarises the tailwinds for his asset class, while also considering potential risks.
122: Paying for the pandemic
30 Nov 2020
Contributed by Lukas
Hetal Mehta, Senior European Economist, looks at the effects of the UK’s increasing debt burden on competitiveness, the bond market and inflation ra...
121: Build-to-Rent: building resilience in uncertain times
26 Nov 2020
Contributed by Lukas
This week, Dan Batterton, Head of Build-to-Rent at LGIM Real Assets and Michael Adefuye, Senior Research Manager at LGIM Real Assets, discuss how the ...
120: The CIO call: Dissecting the US election results
04 Nov 2020
Contributed by Lukas
Sonja Laud, LGIM’s CIO, discusses the implications for investors of the US presidential election, after hopes for an early, clear outcome were confo...
119: Renewing our Climate Impact Pledge
14 Oct 2020
Contributed by Lukas
To help spur net-zero carbon emissions by 2050, we’ve renewed our Climate Impact Pledge, making the targeted engagement programme with the companies...
118: The CIO Call: Biden and the energy complex
08 Oct 2020
Contributed by Lukas
This week, Sonja Laud, LGIM’s CIO, discusses the latest developments shaping the market and macro environment, with a focus on how a Biden administr...
117: What the energy transition means for investors
01 Oct 2020
Contributed by Lukas
In this episode, we play a segment from our recent conference for DB and DC clients, in which Nick Stansbury, our Head of Commodity Research, explores...
116: Hydrogen batteries: hot air or rocket fuel for investors?
17 Sep 2020
Contributed by Lukas
With the EU recently publishing a hydrogen strategy and Joe Biden advocating “carbon-free hydrogen” in his manifesto, we look at the realities beh...
115: The CIO Call: The Fed’s punch bowl and markets
10 Sep 2020
Contributed by Lukas
This week, Sonja Laud, LGIM’s CIO, discusses the latest developments shaping the market and macro environment, with a focus on what the US Federal ...
114: Retirement anxiety and what to do about it
26 Aug 2020
Contributed by Lukas
Just why are people so worried about not having enough money to spend in retirement? This podcast explores whether, against the backdrop of long-term...
113: The CIO Call: What we learned from earnings season
20 Aug 2020
Contributed by Lukas
This week, Sonja Laud, LGIM’s CIO, discusses the latest developments shaping the market and macro environment, with a focus on the Q2 corporate ear...
112: Changing Climate, Changing Investments
14 Aug 2020
Contributed by Lukas
James Sparshott and Iancu Daramus discuss the impact of climate change for long-term investors, including the pressures they are under, and some of th...
111: In Conversation With: Emma Douglas
03 Aug 2020
Contributed by Lukas
What unites dark comedy, diversity and defined contribution (DC) pensions? In this episode, Emma Douglas discusses the seismic shifts that have happe...
110: The CIO Call: ETFs and factor investing
09 Jul 2020
Contributed by Lukas
This week, Sonja Laud, LGIM’s CIO, discussed the latest developments shaping the market and macro environment, with a focus on factor-based investin...
109: The CIO Call: Real assets and investment beliefs
25 Jun 2020
Contributed by Lukas
This week, Sonja Laud, LGIM’s CIO, discussed the latest developments shaping the market and macro environment, with a focus on real assets and the r...
108: The CIO Call: Recovery positions – The investment team outlook
11 Jun 2020
Contributed by Lukas
This week on The CIO Call to discuss what’s happening in markets this week and what it all means for investors: · Sonja Laud, Chief...
107: The CIO Call: Trading in extraordinary markets
28 May 2020
Contributed by Lukas
· Sonja Laud, Chief Investment Officer · Edward Wicks, Head of Trading, EMEA · Guy Whitby-Smith, Head of Sol...
106: The CIO Call: Scenario planning the recovery
21 May 2020
Contributed by Lukas
This week on The CIO Call to discuss what’s happening in markets this week and what it all means for investors: · Sonja Laud, Chief...
105: Who is the greenest generation?
18 May 2020
Contributed by Lukas
The “OK Boomer!” retort from the Instagram generation has been levelled at out-of-touch parents on everything from Trump to tidying their room. No...