Capital Allocators – Inside the Institutional Investment Industry

Leda Braga, founder and CEO of Systematica Investments, shares insights from her journey leading a $10 billion quantitative hedge fund. In conversation with Mario Therrien from CDPQ, they explore the significance of unique investment strategies and the criteria for selecting systematic managers. Leda discusses the challenges she faced as a woman in finance, the importance of diversity, and how to navigate market volatility through tail-risk strategies. They also touch on modern investment dynamics and the necessity of data-driven decision-making.

In this conversation, Mike Tian, a Portfolio Manager and Analyst at WCM Investment Management, dives into the art of moat trajectory analysis, using Visa as a prime example. He discusses the intricacies of investing in China, highlighting the impact of culture and consumer behavior on heavy and light industries. Mike emphasizes the balance between risks and opportunities, while also sharing insights into WCM's own strategic approach to navigating competitive advantages in the investment landscape. Tune in for valuable perspectives on adapting investment mindsets!

In this captivating discussion, Mike Trigg, a partner and portfolio manager at WCM, shares insights from his journey in the investment world. He reflects on WCM’s remarkable growth from a near-collapse to thriving with over $66 billion in assets. Key topics include the analysis of company moats and cultures that drive competitive advantages. Mike emphasizes the importance of resilience in investing, the evolving strategies for growth, and the personal practices that fuel his success, including cooking and self-awareness strategies.

Paul Black, Co-CEO of WCM Investment Management, shares his remarkable journey from a $200 million boutique to managing $26 billion in global equities. He dives into the essence of growth stock investing, discussing the importance of company culture, identifying competitive advantages, and learning from mistakes. Paul highlights the significance of perseverance and a positive mindset in navigating challenges, along with insights into cultural dynamics in global markets. His engaging anecdotes bring a lively perspective on investment strategy and personal growth.

Join Roz Hewsenian, Chief Investment Officer of the Helmsley Charitable Trust, as she interviews Jan Garfinkle, the founder of Arboretum Ventures, a $700 million healthcare-focused venture capital firm. They discuss innovative strategies for investing in companies that aim to reduce healthcare costs. Jan shares insights on the unique challenges of Midwest venture capital, the importance of cultural fit in staffing, and personal stories that emphasize the value of self-advocacy and integrity in business. Tune in for a deep dive into healthcare innovation!

Jennifer Heller, President and Chief Investment Officer of Brandywine Group Advisors, manages $12 billion in family endowments. In this discussion, she emphasizes the power of a beginner's mindset for fostering creativity and collaboration within investment teams. Heller dives deep into investment strategies in sectors like affordable housing and crypto, revealing how structured processes guide innovative thinking. She also shares insights on evaluating managers through Key Decision Indicators and highlights the importance of team dynamics and culture in successful investment strategies.

Jennifer Heller, President and CIO of Brandywine Trust Group, manages nearly $9 billion for families with a long-term investment focus. She shares her experiences from her early days in microfinance in Africa to leading family wealth management. They discuss the intricacies of selecting elite managers and the challenges of executing long-term strategies. Heller emphasizes the importance of mentorship and reflective learning in investment decisions, while also highlighting the need for adaptability in both personal and professional journeys.

Tim McCusker, Chief Investment Officer at NEPC, chats with Rick Rieder, BlackRock's Chief Investment Officer of Global Fixed Income, who oversees $2 trillion in assets. They explore unique investment philosophies and BlackRock's influential strategies, including the Strategic Opportunities Fund. Rick shares insights on balancing return-seeking with duration risk management for diverse clients. A personal journey from skepticism to success in finance highlights mentorship and effective leadership while touching on current economic concerns and growth opportunities.

Matt Spielman, Founder and CEO of Inflection Point Partners, excels in executive coaching, particularly in asset management. He shares his journey from Wall Street to coaching, driven by a quest for personal fulfillment. Key topics include redefining success, the importance of mentorship, and effective goal-setting strategies. Matt discusses the complexities of team turnover in investment firms and the need for strong coaching relationships. His insights on recognizing employee burnout and fostering a supportive work environment resonate deeply with leaders seeking to enhance team performance.

In a thought-provoking discussion, Bruce Martin, Founder of Still Lake Capital and a former credit market veteran, shares insights on transitioning to an independent investment model. He highlights his investment philosophy inspired by Warren Buffett, along with his focus on a concentrated equities portfolio. Joining him is Donna Snider, Chief Investment Officer at Hackensack Meridian Health, who reflects on her enduring connection with Bruce and the key lessons they both learned through their careers, emphasizing the importance of authenticity and effective communication.