Capital Allocators – Inside the Institutional Investment Industry [REPLAY] - Ashby Monk – Asset Giant Futurist (Capital Allocators, EP.29)
May 1, 2023
Dr. Ashby Monk, a leading expert in asset management, shares insights from his roles at Stanford and Oxford and as a co-founder of Long Game. He discusses innovative, cost-effective strategies for large asset owners and highlights the importance of creative financial solutions, especially in U.S. personal savings. Delving into his journey from Canada to Silicon Valley, he examines global pension models and the impact of excessive fees, promoting accountability in investing. Ashby’s passion for transforming financial futures is both inspiring and thought-provoking.
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From Wall Street to Cycling
- Ashby Monk's career began unconventionally, starting with investment banking and venture capitalism.
- These experiences, coupled with 9/11 and a desire for change, led him to pursue cycling and academia in Europe.
Economic Geography
- Economic geography offers a multi-method approach to understanding economic systems, incorporating data analysis, interviews, and case studies.
- This approach contrasts with traditional economic models that rely on potentially flawed assumptions like rational actors.
US Retirement Woes
- The US faces retirement security challenges due to a lack of political will for mandated savings programs like Australia or crown corporation models like Canada.
- Current US defined contribution plans are likened to self-diagnosis and treatment with questionable resources.