Alpha Exchange

Dean Curnutt
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10 snips
Dec 8, 2023 • 1h 10min

Anthony Morris, Global Head of Quantitative Strategies, Nomura International

Guest Anthony Morris, Global Head of Quantitative Strategies at Nomura International, discusses the vol risk premium in the equity market and credit spreads, as well as the credit risk premium. He also talks about the work his team is doing at Nomura in the Quantitative Investment Strategies business, highlighting the importance of considering strategy interactions and hidden co-movement in portfolio construction.
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Nov 16, 2023 • 37min

Retrospective Episode: Reflections on Women in Finance

Exploring efforts to empower women in finance, this retrospective podcast highlights female guests who discuss topics such as volatility, hedging, portfolio construction, and the impact of technology on work. It reflects on progress, mentorship, and sponsorship, and expresses optimism about the future of gender equality in finance.
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Nov 3, 2023 • 56min

Dennis DeBusschere, Co-Founder and Chief Market Strategist, 22V Research

Dennis DeBusschere, Chief Market Strategist at 22V Research, discusses the interaction between the economy, inflation, and the Fed's reaction function. He explores linkages between equity factors and macro variables like the yield curve. He also talks about hedging in an environment of unfriendly stock/bond correlation levels.
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Oct 27, 2023 • 57min

Darrell Duffie, The Adams Distinguished Professor of Management and Professor of Finance, Stanford University

Renowned finance professor Darrell Duffie discusses his vast research contributions and recent focus on the US Treasury market. They explore the bond market meltdown in 2020, yield volatility, liquidity breakdown, and policy implications. They also delve into topics like cross currency basis swaps, transitioning from LIBOR to risk-free overnight rate, and the importance of the base asset in pricing.
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Oct 25, 2023 • 1h 3min

Amanda Lynam, Head of Macro Credit Research, Portfolio Management Group, Private Markets, BlackRock

Amanda Lynam, Head of Macro Credit Research at BlackRock, discusses the current opportunity set in corporate credit and the challenges of finding value in credit markets. She highlights the impact of risk on credit spreads, the demand for capital in credit markets, and the potential effects of higher rates on corporates. She also explores the supply and demand dynamics in credit markets and the opportunities in the global private credit market. The podcast also touches on the role of women in the financial services industry.
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Oct 20, 2023 • 58min

Anastasia Amoroso, Chief Investment Strategist, iCapital

Anastasia Amoroso, Chief Investment Strategist at iCapital discusses the current economic environment, the performance of the 6040 portfolio, and the importance of diversification. She also reflects on the progress and challenges of women's empowerment in the finance industry.
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Oct 16, 2023 • 1h

Torsten Slok, Partner and Chief Economist, Apollo Global Management

Torsten Slok, Chief Economist at Apollo Global Management, discusses the economy, inflation, and Fed policy. He explains the lagged transmission of monetary policy, the ebbing and flowing of goods versus services inflation, and the need for wage moderation to reduce overall inflation.
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Sep 29, 2023 • 53min

Cameron Dawson, Chief Investment Officer, NewEdge Wealth

Cameron Dawson, an undergrad econ major, discusses lessons learned from the rapid changes in the energy sector. She reflects on the forward-looking nature of the market and the importance of taxes for low basis stock investors. The podcast also covers topics such as stock/bond correlation and portfolio construction in a low interest rate environment.
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Sep 27, 2023 • 55min

David Rogal, Managing Director, Global Fixed Income, Head of Total Return and Inflation Portfolios, BlackRock

David Rogal, Managing Director at BlackRock, discusses risk management during crisis periods and his framework for thinking about inflation. He emphasizes the importance of simplifying exposures and understanding correlations. Rogal also analyzes the challenges in the treasury market and fiscal policy's impact on clearing prices. He delves into the total return of a portfolio with a fixed income focus, covering equity volatility, value across the curve, and international rates.
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Sep 22, 2023 • 58min

Karishma Kaul, Head of Systematic Fixed Income Strategies, Fidelity Investments

Karishma Kaul, Head of Systematic Fixed Income Strategies at Fidelity, discusses the role of common factors in fixed income factor investing, including value, momentum, and quality. She explores the challenges of implementation and potential return dampening due to crowding. Karishma shares her background in engineering and experiences in finance. The podcast also covers indexed-based distortions in fixed income and initiatives for women in finance.

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