L&G Talks Asset Management
L&G
What does a changing world mean for my portfolio? Which asset classes are undervalued? Will declining demographics affect my investments? From L&G’s Asset Management division, we bring you conversations about the global economy and how professional investors can take advantage of these opportunities.
We'll be talking to fund managers, analysts, industry experts and more to discuss the latest market and political developments, their most exciting asset allocation ideas and how they're optimising portfolios for market booms and economic gloom.
From Trump's tariffs to irrational investors, L&G Talks Asset Management dives into the world of asset management and brings you our most compelling thoughts to help you make informed investment decisions.
To find out more, visit https://am.landg.com/en-uk/institutional/insights/
L&G has been helping customers since 1836. A founding member of the Financial Times Stock Exchange (FTSE) 100 index, L&G is one of the UK's leading financial services companies serving UK customers for our life assurance, pensions, investments and general insurance plans.
This podcast is intended for investment professionals, and shouldn't be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in L&G investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of L&G. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.
We'll be talking to fund managers, analysts, industry experts and more to discuss the latest market and political developments, their most exciting asset allocation ideas and how they're optimising portfolios for market booms and economic gloom.
From Trump's tariffs to irrational investors, L&G Talks Asset Management dives into the world of asset management and brings you our most compelling thoughts to help you make informed investment decisions.
To find out more, visit https://am.landg.com/en-uk/institutional/insights/
L&G has been helping customers since 1836. A founding member of the Financial Times Stock Exchange (FTSE) 100 index, L&G is one of the UK's leading financial services companies serving UK customers for our life assurance, pensions, investments and general insurance plans.
This podcast is intended for investment professionals, and shouldn't be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in L&G investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of L&G. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.
Episodes
Mentioned books
Jan 15, 2026 • 14min
392: Seeking differentiated alpha in 2026 and beyond
In 2026, investors continue to face volatility and uncertainty. How can they seek to access differentiated alpha through targeting potential market dislocation?In this podcast, Adil Mirza, Senior Fund Manager within our Global High Yield team, shares his views and process.For professional investors only. Capital at risk.
Jan 8, 2026 • 24min
391: Changing the status quo: Smarter investment strategies for DC
With pensions adequacy an increasingly critical issue for the industry, we examine how smarter DC investment strategies are more important than ever.From private markets to hybrid default investment strategies and greater diversification, find out how DC investments are evolving to help unlock long-term growth for DC savers.In this episode, Dee Campbell, DC Content Manager, is joined by L&G’s investment experts:John Roe, Head of Multi-Asset FundsMartin Dietz, Head of Diversified StrategiesWill Chan, Senior DC Strategies Manager
Important informationFor professional investors only. Capital at risk. For illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. This information does not constitute a recommendation to buy or sell any security. Past performance is not a guide to the future. The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested.It should be noted that diversification is no guarantee against a loss in a declining market. Risk management cannot fully eliminate the risk of investment loss. While L&G has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing in this fund is available in the prospectus at. www.fundcentres.landg.com
Views expressed are of L&G as at December 2025.
Dec 18, 2025 • 24min
390: In conversation with… Amelie Chowna
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 career journey from business school in France to rising through the ranks at L&G and what her new job entails. The conversation also explores challenges and opportunities in fixed income investing, the case for unconstrained strategies, and interesting trends including blending private and public credit.
For professional investors only. Capital at risk.
Dec 11, 2025 • 42min
389: Our 2026 investment outlook – the CIO call
In this insightful discussion, Sonja Laud, the Global Chief Investment Officer at Legal & General Investment Management, is joined by Christopher Jeffery, Head of Macro Strategy, Colin Reedy, Head of Active Strategies, and Robin Martin, Global Head of Investment Strategy & Research. They explore the implications of AI-driven capital expenditure and government debt, the '2-2' US growth scenario, and the impact of the Ukraine war on markets. The panel also dives into investment opportunities in digital infrastructure and warns of fiscal risks, making this a must-listen for forward-thinking investors.
Dec 4, 2025 • 31min
388: Private credit perspectives from Blackstone and L&G
In this special episode, we discuss our partnership with Blackstone, the world’s largest alternative asset manager. We also offer an overview of private credit and look at the role the asset class could play alongside public credit within investor portfolios.
Our speakers are Jo McCaffrey, Chief Strategy and Product Officer, Asset Management, L&G; and Brad Marshall, Global Head of Private Credit Strategies at Blackstone.
Other topics covered include:
· The reasons behind the rapid growth of private credit
· Key investor considerations around the asset class, in particular for the UK Wealth market
· Blackstone’s approach to underwriting investments to mitigate risk
The podcast was recorded on 30 October and was moderated by Max Julius, Head of Content, Asset Management, L&G.
Source for comments on private credit's history of strong performance: "Leveraged Loans” as represented by Morningstar LSTA U.S. Leveraged Loan Index. “Private Credit” as represented by Cliffwater Direct Lending Indexfrom September 30, 2005 through June 30, 2025, which is latest publicly available data. Total return reflects the sum of annualised income return, annualised realised gain / loss and annualised unrealized gain / loss during the period.
For professional investors only. Capital at risk.
Dec 1, 2025 • 22min
387: Europe’s energy transition: An opportunity among the challenges
Europe’s emissions reduction goals are ambitious, with the continent
providing a continually supportive regulatory backdrop to spur a
transition to clean power.
In this episode of L&G Talks Asset Management, we’re joined by
Rosheen McGuckian, CEO of NTR. We discuss the investments needed to
facilitate Europe’s transition and the pace of change required. While
challenges persist, we also address why it may be an opportunity for
investors.
This podcast was recorded on 21 November and is hosted by Nick
Jardine, Content Manager for L&G’s Private Markets platform.
You can listen on: Apple Podcasts, Audioboom and Spotify.
All data points are from BNEF, McKinsey and NTR, unless otherwise
stated.
Nov 27, 2025 • 14min
386: UK Budget – implications for investors
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 nervously anticipated, with UK public finances in a tight spot given elevated debt repayment costs and rising levels of ringfenced spending.
In this podcast, hosted by Laura Brown, Head of Public Markets Distribution, we hear from James Carrick, Senior Economist, on what the Budget could mean for the UK economy and from Joseph England, Senior Portfolio Manager, on what it could mean for UK gilt markets.
This podcast was recorded on 27 November 2025.
For professional investors only. Capital at risk.
Nov 13, 2025 • 48min
385: Are we in an AI boom or bubble?
A trio of L&G investment experts recently recorded a webinar to discuss the wide-ranging implications of artificial intelligence (AI) for investors. Advances in AI are continuing to dominate headlines – and reshape the investment landscape. In our webinar a panel of experts discussed the implications of the technology for investors, from the near-term market trajectory to its impact on economic growth and infrastructure spending.The event was hosted by Laura Brown, Head of Public Markets Distribution, and featured the following speakers:
Jason Shoup, Chief Investment Officer, Asset Management, L&G America, and Co-Head of Global Fixed Income
Christopher Jeffery, Head of Macro Strategy
Matteo Colombo, Managing Director Digital Infrastructure Investing – Private Markets Investments
All data sourced from Bloomberg as at 7 November unless otherwise stated.
Securities mentioned for illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security. It should be noted that diversification is no guarantee against a loss in a declining market.
Oct 30, 2025 • 13min
384: Buyout 2.0: Back to basics
Our Head of Solutions Distribution joins the podcast to share our latest endgame thinking for DB schemes.It won’t have escaped DB clients’ attention that there’s recently been significant talk of surplus extraction. However, we strongly believe it’s important not to lose sight of the reason we’re here in the first place: to help schemes meet their core fiduciary duty to pay all members’ pensions as they fall due, with a buy-in or buyout usually seen as the gold standard objective for many trustees.To discuss all this and more, our Head of Solutions Distribution, Lara Edmonstone-West, gets behind the microphone.This podcast was recorded on 22 October 2025. All data points sourced from the PPF and L&G.For professional investors only. Capital at risk.
Oct 23, 2025 • 11min
383: Are growth strategies anti-value?
These two investment styles are often positioned as opposites, but this framing may obscure the complex interplay between them.
Instead, Ayah Habboub, and Index Researcher in L&G’s Index Solutions team, argues that designing growth strategies in a way that is agnostic to value could allow investors to capture the market returns unique to each factor.
This podcast was recorded on 17 October 2025 and is hosted by Harry Brooks, European Content Manager.
For professional investors only. Capital at risk. It should be noted that diversification is no guarantee against a loss in a declining market.
