Making Sense

Discover the implications of EMIR 3.0 on euro derivatives trading in a post-Brexit world. Delve into how new EU clearing rules are reshaping liquidity and trading strategies. Learn about the critical compliance deadlines and the operational challenges firms are facing. The discussion highlights the pivotal roles of key players in the market and the strategic adjustments required in response to Dutch pension reform. Tune in to grasp how these evolving regulations are changing the landscape of financial markets.

Andrew Howard, head of Sustainable Investing at Schroders Asset Management, shares his expertise on the evolving landscape of sustainable investing. He highlights recent regulatory drivers and the importance of integrating environmental, social, and governance (ESG) factors into investment strategies. The discussion delves into the shift from traditional to sustainable investment practices, emphasizing long-term value creation through informed decision-making. Howard also explores how data availability is transforming investment approaches and the significance of sustainability in achieving better financial outcomes.

Eloise Goulder speaks with Rui Fernandes, Global Head of Markets Trading Structuring at J.P. Morgan, a pro in trading and structuring. They dive into the evolution of trading, emphasizing innovation and the rise of multi-asset investing. Rui highlights the impact of AI on product design and the necessity of customization at scale amidst market changes. The conversation also touches on client engagement and the complexities of integrating diverse financial strategies to meet evolving demands.

Dan Pombo, managing director at J.P. Morgan, brings his expertise on the evolving landscape of debt restructuring. He discusses the surge in out-of-court restructurings and the shifting dynamics between loan and bond markets. Pombo highlights the strategic advantages of selecting a well-known financial institution and dives into the implications of permissive covenants amidst rising interest rates. He also shares insights on the upcoming Leverage Finance and High Yield Conference, emphasizing its role in fostering connections and knowledge within the restructuring community.

Dive into the intriguing dynamics of U.S. equities as they contrast with global markets. Recent underperformance sparks discussions on potential buying opportunities. Delve into economic catalysts like tariffs and the impact of key tech companies. Explore the differing sentiments between retail and hedge fund investors in an ever-evolving market. The episode also sheds light on U.S. exceptionalism, contrasting it with European prospects while discussing strategic sector positioning for future growth.

Dive into the evolving world of electronic trading as experts discuss insights from J.P. Morgan's annual survey. Key topics include the impact of inflation and tariffs, along with the rising significance of AI and machine learning. Discover how technology is enhancing market stability in volatile times and the crucial role of real-time data. With all respondents anticipating growth in e-trading, the conversation highlights what institutional traders are focusing on as they prepare for 2025.

This discussion dives into the January U.S. Employment Report, revealing surprising job growth and shifts in unemployment rates. It highlights how weather patterns are impacting labor supply and future hiring challenges. The conversation also addresses the latest tariff policies on Chinese imports and their effects on inflation and market sentiment. Finally, insights on the Federal Reserve's monetary policy reveal how current economic trends might shape its future decisions. Tune in for an engaging analysis of the evolving economic landscape!

Conor Hillery, Deputy CEO and head of Investment Banking for EMEA at J.P. Morgan, shares his expertise on the evolving landscape of dealmaking in Europe. He discusses how improving economic confidence and favorable regulations are driving M&A activity despite ongoing geopolitical challenges. The conversation highlights the resurgence of private equity and the implications of US dollar strength on cross-border deals. Finally, Hillery emphasizes the need for strategic risk management while remaining optimistic about deal opportunities as we move toward 2025.

Clare Witts, the Head of Equity APAC Market Structure at J.P. Morgan, discusses the shifting landscape of Asia's bond and equity markets. She highlights significant regulatory changes impacting investor access in Japan, Korea, and India. Clare dives into Korea's market structure reforms and India's government bond index inclusions. The rise of electronic trading is also examined, revealing how individual investors are shaping market trends. Tune in for insights on adapting to these rapid transformations and what lies ahead.

Dive into the intriguing world of European equities as experts discuss a notable rally driven by political stability and robust earnings. Discover the dual phases of this market surge, shaped by technical and fundamental shifts. Sectors like luxury goods and banks shine as top performers, benefiting from improved consumer sentiment. The podcast navigates the complexities of the UK market amidst rising yields and political risks, while highlighting investment opportunities across Europe and the UK. An insightful exploration for institutional investors!