Bloomberg Talks Jenny Johnson Talks Disruption, Navigating Change
Dec 10, 2024
Jenny Johnson, President & CEO of Franklin Templeton, dives into the evolving landscape of investment management. She discusses how traditional money managers are adapting to the surge in alternative investments post-2008 financial crisis. Johnson also explores the complexities of blockchain technology and its impact on financial systems. Cultural dynamics within business and the necessity for strategic partnerships are emphasized, alongside the importance of navigating economic challenges and incorporating diverse perspectives in investment strategies.
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Alternatives Investing Growth
- The growth in alternatives investing stems partly from the 2008 financial crisis and low interest rates.
- Private equity allows companies to invest in long-term technologies like AI without quarterly earnings pressure.
Bitcoin vs. Blockchain
- Bitcoin offers safety and control for those who distrust traditional systems, unlike those in secure societies.
- Blockchain technology will create efficiencies and new investment opportunities in financial services by eliminating intermediaries.
New Cycle of Going Public
- Companies now wait longer to go public, but eventually seek liquidity that private markets lack.
- A new cycle emerges: public companies go private to invest heavily in things like AI, then go public again.