Explore every episode of the podcast Macro Hive Conversations With Bilal Hafeez
| Title | Pub. Date | Duration | |
|---|---|---|---|
| Ep. 333: David Samra on Value Investing, AI Returns, and Bad Management Teams | 06 Nov 2025 | 00:58:48 | |
David Samra is a managing director of Artisan Partners – the $180bn global multi-asset investment platform. He is founding partner of the International Value Group, and portfolio manager of the Artisan International Value Fund, which he has managed since the portfolio's inception in September 2002. David has been nominated for the Morningstar International Stock Fund Manager of the Year Award six times. In this podcast, we discuss:
Books mentioned: Quest for Value (Stewart), The Intelligent Investor (Graham), The Money Masters (Train), and Frederick and Frederica (Helprin). You can follow David's work here. | |||
| Ep. 332: Miguel Gutierrez on Argentina's Transformation, Latin American Opportunities, and Private Market Arbitrage. | 30 Oct 2025 | 00:46:36 | |
Miguel Gutiérrez is a Partner and Head of Private Markets, at The Rohatyn Group (TRG) - a global asset manager that specialises in emerging markets and real assets. Prior to joining TRG in October 2004, Miguel served as the Chairman and CEO of the Telefónica Group in Argentina and Chairman of Grupo Concesionario del Oeste S.A. He also served as the non-executive Chairman of YPF S.A. from April 2016 to December 2019. Earlier in his career, Miguel held numerous senior positions at J.P. Morgan, including Head of Global Emerging Markets Sales, Trading, and Research. In this podcast, we discuss:
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Ep. 323: Jonathan Xiong on China, Dollar and Using AI in Asset Management | 28 Aug 2025 | 00:47:35 | |
Jonathan Xiong is the founder and CEO/CIO of Arrowpoint Investment Partners, a new Asia-focused hedge fund. Prior to starting Arrowpoint, Jonathan was the Co-CEO of Millennium Management Asia for five years. Before that, he was Head of Fixed Income Alternatives and the lead Portfolio Manager for the GS Global Opportunities Fund at Goldman Sachs Asset Management (GSAM) for seven years. Prior to joining Goldman Sachs, Jonathan was a Managing Director and Senior Portfolio Manager at Mellon Capital Management for 11 years in the Systematic Global Macro team. This podcast covers investment philosophy, alpha, risk premia, quant, multi-manager/pod shops, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Shiloh Bates on Demystifying CLO Myths | 08 Dec 2023 | 00:41:04 | |
Shiloh Bates is the Chief Investment Officer of Flat Rock Global in 2018 – a $750mn credit manager. Prior to joining Flat Rock Global, Shiloh was a Managing Director at Benefit Street Partners, and Head of Structured Products at BDCA Advisor. During his 20-year career, Shiloh has worked for several CLO managers and invested over $1.5 billion in CLO securities. He is the author of the recently published 'CLO Investing – With an Emphasis on CLO Equity & BB Notes'. This week's podcast covers everything to do with CLOs, from definitions throught to their evolution and performance in today's landscape. Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Yesha Yadav on Crypto Bankruptcies, Stablecoin, and Treasury Market issues | 01 Dec 2023 | 00:43:02 | |
Yesha Yadav is Associate Dean and Professor of Law at Vanderbilt University Law School. She is one of the world's leading experts on financial and securities regulation. Before Vanderbilt, Yesha worked as legal counsel with the World Bank and before that she practiced regulatory and derivatives law at Clifford Chance. This week's podcast covers key bankruptcies in crypto from Celsius to FTX, crypto regulation and enforcement risks, and the impact of AI in financial markets.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Greg Lippmann on The Big Short, Latest US Housing View, and Finding Alpha in Structured Products | 24 Nov 2023 | 00:45:30 | |
Greg Lippmann is the Managing Founding Partner and the Chief Investment Officer of the $9.8bn asset management firm, LibreMax. Prior to founding LibreMax, Greg was head of all non-agency RMBS, ABS, and CDO trading globally at Deutsche Bank. His prescient call on the subprime crisis was immortalized in the book and film The Big Short. In the film, Greg is played by Ryan Gosling. In this podcast we discuss: what led Greg to believe there would be a subprime crisis, thinking about convex trades, launching LibreMax, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Charlie McElligott on Year-End Rally, Duration Buying, and Carnivore Diets | 17 Nov 2023 | 00:36:22 | |
Charlie McElligott is the leading expert on all things positioning, flow, sentiment, and quant factors. He is a Managing Director and Cross-Asset Macro Strategist for the Global Markets Americas business at Nomura Securities International, with more than 15 years' experience in macro markets. Prior to joining Nomura, Charlie was Head of US Cross-Asset Macro Strategy at RBC Capital Markets. Before that, he spent eight years at UBS. In this podcast we discuss: what was behind this year's rates sell-off, how to think about financial conditions tightening, real money demand for duration, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Dr Douglas Greenig on Trend-Following, the End of Pax-Americana, and Why He ls Long Volatility | 17 Nov 2023 | 00:57:23 | |
Dr Douglas Greenig is the CEO, CIO, and founder of Florin Court Capital, a systematic, trend-following asset manager uniquely broad in its focus on over 500 markets. Doug has over 25 years of experience in portfolio management and trading. Prior to founding Florin Court, Doug started in markets on Goldman Sachs' bond arbitrage proprietary desk through the late '90s after being hired as an Assistant by Fischer Black. Following this, Doug headed Agency Mortgage Trading at RBS Greenwich Capital, worked as a quantitative portfolio manager at Fortress Investment Group, and then as Chief Risk Officer at London quant firm AHL. In this podcast we discuss: how trend-following works, the importance of volatility scaling to trend-followers, the importance of diversification in gaining an edge, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Marc Goldwein on the Unprecedented US Budget Problem and How to Fix It | 10 Nov 2023 | 00:38:38 | |
Marc Goldwein is the Senior Vice President and Senior Policy Director for the Committee for a Responsible Federal Budget, where he guides and conducts research on a wide array of topics related to fiscal policy and the federal budget. He works regularly with Members of Congress and their staffs on budget-related issues. In this podcast we discuss: the scale of US debt and deficit, how COVID impacted spending, trends in healthcare, social security spending, and taxes, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Macro Hive Webinar: (The Weekly Call Recorded 1 November 2023) | 03 Nov 2023 | 00:38:55 | |
This week we have a special podcast episode for you! Listen to the Macro Hive Pro Markets Webinar and hear the key views of our leading researchers on their respective markets.
This week, US macro expert Dominique Dwor-Frecaut reveals her outlook on the Fed (pre-FOMC), EM strategist Mirza Baig presents his new Emerging Markets Vulnerability and Scenario Analysis report, which reveals the countries most vulnerable to declining global liquidity and higher rates hurdles. We also hear from Henry Occleston on the Bank of England, and Ben Ford explains what he expects from Norges Bank and RBA.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Boris Vladimirov on Macro Volatility, US Yields, and Recession Risks | 27 Oct 2023 | 00:39:09 | |
Boris is one of the leading macro thinkers in the market. He is a managing director at Goldman Sachs. Before GS, he was partner and portfolio manager at Rokos Capital Management, Fortress, and Brevan Howard. Boris started his career on the sell-side which included working at UBS and Dresdner. Boris will be giving his personal opinions and not those of Goldman Sachs or any other organisations he is affiliated with. In this podcast we discuss: the impact of fiscal policy on growth, how rates sensitivity of private sector has changed, recession odds, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Daniel Rock on How AI Will Reshape Economies | 20 Oct 2023 | 00:40:53 | |
This episode is sponsored by Masterworks (www.masterworks.art/macrohive)
Professor Daniel Rock is an Assistant Professor of Operations, Information, and Decisions at the Wharton School of the University of Pennsylvania. His research is on the economic effects of digital technologies, with a particular emphasis on the economics of artificial intelligence. His research has been published in various academic journals and featured in outlets such as The New York Times, The Wall Street Journal, Bloomberg, Harvard Business Review, and Sloan Management Review. In this podcast we discuss: the lasting impact on work practises after the COVID lockdowns, why productivity been weak in recent decades, understanding digital goods and intangible assets, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Martin Lueck On the Scientific Investing, Trend Models and Macro Divergences | 06 Oct 2023 | 00:39:27 | |
Marty co-founded Aspect Capital, which manages over $8bn in a range of systematic investment solutions. He is the Research Director and oversees the Research Team responsible for generating and analysing fundamental research hypotheses for development of all Aspect's investment programmes. He currently serves on the Board of the National Futures Association and as Chair of the Oxford Physics Development Board. Prior to founding Aspect, Marty was with Adam, Harding and Lueck Limited (AHL), which he co-founded in 1987 with Michael Adam and David Harding. He holds an M.A. in Physics from Oxford University. In the podcast, we talk about importance of testing hypotheses, ChatGPT and LLMs, why trend works as a style and impact on portfolios.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Ep. 322: Rerelease – Adam Frank on Aliens, AI and Climate Collapse | 21 Aug 2025 | 01:03:53 | |
Adam Frank is a professor of astrophysics at the University of Rochester. A self-described 'evangelist of science,' Adam regularly writes and speaks about subjects like intelligent life forms in the universe, high-energy-density physics, space exploration and missions, climate change and more. In this podcast we discuss public science communication and scientific denialism, intersection of science, art and spirituality, searching for aliens – SETI and the Fermi Paradox, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Jason Halliwell on Value Investing, Systematic Macro and Carry | 29 Sep 2023 | 00:44:42 | |
This episode is sponsored by Masterworks Jason Halliwell is the head of GMO's Systematic Global Macro team and a partner of the firm. GMO is a leading value-oriented asset manager with $60bn under management. Jason joined GMO in September 1999 from Westpac Investment Management where he spent three years in research and development of quantitative tactical asset allocation methods. In the podcast, we talk about equity views, why systematic works in macro, how to think about value investing, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Barry Eichengreen on Fixing the Debt Problem, Dollar Demise and Tech Impacts | 22 Sep 2023 | 00:39:58 | |
Barry Eichengreen, Professor of Economics and Political Science at the University of California, Berkeley, is a former senior policy adviser at the International Monetary Fund. He is the author of many books, including most recently "In Defense of Public Debt". He was also a presenter at the Fed's 2023 Jackson Hole Economic Symposium. In the podcast, we talk about the rise of debt around the world, how the structure of debt has changed, financial repression, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Phil Suttle on US Recession Risks, AI Impact, and BoJ to 1% | 15 Sep 2023 | 00:48:30 | |
Phil is the founder of Suttle Economics – a leading research consultancy. Before that, he held senior roles at Tudor, the Institute of International Finance (IIF), JP Morgan, Barclays, the New York Fed and World Bank. He was educated at Oxford University and lives in the US. In the podcast, we talk about what will cause a recession, surprise factory building, view on Euro-area and UK, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Dominque Dwor-Frecaut on What Everyone Gets Wrong on Inflation, Recessions and Fed Policy | 08 Sep 2023 | 00:18:30 | |
Dominique Dwor-Frecaut is a Senior Macro Strategist for Macro Hive based in Los Angeles. She has been producing alpha-generating trade ideas in FX and rates in EM and G10 at established and startup macro hedge funds in the US since 2011, including at Bridgewater. She has also produced in-depth analysis of central banks policies and procedures drawing on her experience at the New York Fed, the IMF and the World Bank as well as on the buy- and sell-side. Before moving to the US, she covered Asian and global EMs at Barclays capital, ABN AMRO and RBS from Singapore. She holds a PhD in economics from the London School of Economics. In this podcast we discuss why the Fed will still hike to 7%-8%, difference between high and low inflation regimes, how Dominique could be wrong, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Mustafa Chowdhury on Fed Policy, US Industrial Policy and Housing Risks | 01 Sep 2023 | 00:44:57 | |
Mustafa is a rates guru and member of the research team at Macro Hive. Before this, Mustafa was the Head of Rates, FX, and Derivatives at Voya Investments, where he helped manage $40 billion of assets. Prior to that, he was a Managing Director and Head of US Rates and MBS Strategy at Deutsche Bank. And in the 1990s, he was Co-head of Asset-Liability Management at Freddie Mac, where he was responsible for managing one of the world's largest fixed income derivatives portfolios and trading desks. In this podcast we discuss w hy the Fed still needs to hike rates, the importance of US fiscal and industrial policy, understanding US housing, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
| |||
| Professor Adrian Williams on Everything You Wanted to Know About Sleep [Replay] | 25 Aug 2023 | 01:00:28 | |
Dr. Adrian Williams is the UK's first Professor of Sleep Medicine. Adrian graduated from University College, London, UK, and after a lectureship at The Cardiothoracic Institute, Brompton Hospital in 1975 took up an appointment at Harvard, Boston, USA, followed by an invitation to University of California (UCLA) in 1977. In 1985 Professor Williams became tenured Professor of Medicine at UCLA and co-Director of the UCLA Sleep Laboratory. In 1994 he returned to London where he developed the Sleep Centre at Guy's and St. Thomas' now the most active in the UK, and continues in the full-time practice of Sleep Medicine. In addition, Professor Williams holds the UK's first Chair in Sleep Medicine at Kings College, London, UK. In the podcast, we talk about why we sleep, the impact of lack of sleep on decision-making, and much more...
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Denise Shull on Emotions as a Dataset and Avoiding Investment Mistakes [Replay] | 18 Aug 2023 | 00:59:37 | |
Denise Shull is the Founder and CEO of ReThink. In that role, she uses neuroscience and modern psychoanalysis to help clients become successful in investing, trading, and leading teams. She has consulted on the development of Showtime's BILLIONS, coached Olympic champions, and often appears on CNBC, Bloomberg and in the Wall Street Journal. Before ReThink, Denise worked in finance. She started at one of the first electronic trading firms in Chicago, then traded at Schonfeld Securities before she ran her own desk at Sharpe Capital. Denise holds a Master of Arts from the University of Chicago. Her thesis was cited in 2013 as one of the first papers written about neuropsychoanalysis. In this podcast we discuss why understanding perception, judgment and decision making matters, how your unconscious affects your decision making, the particular challenge of trading and investing in markets, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Michael Schrage on How Recommendation Engines Create Value | 11 Aug 2023 | 00:47:06 | |
Michael is a research fellow with the MIT Sloan School of Management's Initiative on the Digital Economy. His research focuses on the behavioural economics of models, prototypes, and metrics as for managing innovation risk and opportunity. He is author of the award-winning book The Innovator's Hypothesis and most recently Recommendation Engines. In this podcast we discuss the interaction of tech and capital, the architecture choice, time on board of Match.com, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Bill Bernstein On the Four Essentials To Investing Successfully | 04 Aug 2023 | 00:36:34 | |
Bill Bernstein is a neurologist turned investment advisor. He is also the author of several books, including The Intelligent Asset Allocator, The Four Pillars of Investing, If You Can: How Millennials Can Get Rich Slowly, and The Delusion of Crowds. Bill has just come out with a new edition of The Four Pillars of Investing. In this podcast we discuss understanding the business of investing, how to set up your portfolio at different ages, knowing your history, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Stephen Roach on US and China's Accidental Conflict | 28 Jul 2023 | 00:33:13 | |
Stephen is a faculty member at Yale University and former chairman of Morgan Stanley Asia. He is the author of Unbalanced: The Codependency of America and China and most recently Accidental Conflict: America, China, and the Clash of False Narratives. In this podcast we discuss the problem with US savings, w hy Biden continues Trump policies, China's failed rebalancing, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Ep. 321: Antonio Del Favero on Favourite Rates Trades, Fed and Dollar | 14 Aug 2025 | 00:32:39 | |
Antonio Del Favero is a macro strategist at Macro Hive. He focuses mainly on the US economy and G3 rates markets. Formerly, he worked at various macro hedge funds, including Tudor, Maniyar Capital and Brevan Howard. He holds a master's in finance from the ETH/University of Zurich and a master's in economics from Bocconi University. In this podcast we discuss the importance of financial conditions, why the US slowed in 2025 H1, impact of US tariffs, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Sebastian Mallaby on the Rise of Venture Capital and Their Impact on the World | 21 Jul 2023 | 01:01:35 | |
Sebastian is the Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations (CFR). An experienced journalist and public speaker, Mallaby contributes to a variety of publications, including Foreign Affairs, the Atlantic, the Washington Post, and the Financial Times, where he spent two years as a contributing editor. He is the author of five books, including bestseller More Money Than God: Hedge Funds and the Making of a New Elite and most recently The Power Law: Venture Capital and the Making of the New Future. In this podcast we discuss how Venture Capital (VC) work, Arthur Rock (father of VC), re-thinking Greenspan, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
| |||
| Peter Stella on Fed Losses, Backdoor Fiscal Stimulus and Credit Easing | 14 Jul 2023 | 01:01:57 | |
Peter Stella is former head of the Central Banking and Monetary and Foreign Exchange Operations Divisions at the IMF. Currently, he provides macroeconomic policy advice and research to central banks, governments, and private clients in Asia, Europe, the United States and Latin America. In this podcast, we discuss f ramework for multi-asset investing, the power of fiscal policy, politics of Fed, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Trevor Greetham on Spike-Flation, Equities and Removing Biases | 07 Jul 2023 | 00:41:12 | |
Trevor Greetham is Head of Multi Asset at Royal London Asset Management - a £150bn fund. Prior to joining Royal London in 2015, Trevor was asset allocation director for Fidelity Worldwide Investment, where he was responsible for implementing tactical investment decisions across a wide range of institutional and retail funds including the Fidelity Multi Asset Strategic Fund. In this podcast we discuss framework for multi-asset investing, falling inflation and rising growth, w hen to add and remove factors, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Sean McGould on Creating an Investing Edge, Hedge Funds and Inflation Opportunities | 30 Jun 2023 | 00:48:50 | |
Sean McGould – the founder/CEO of the Lighthouse Group – a $15bn investment management firm. Prior to Lighthouse, Sean was the Director of the Outside Trader Investment Program for Trout Trading Management Company. Before joining Trout, he worked for Price Waterhouse in auditing and corporate finance. In this podcast we discuss how accounting knowledge helps investing, evolution of hedge fund industry since 1970s, how to pick a portfolio manager, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Bob Elliott on Bridgewater's Success, US Inflation and Fed's Error | 23 Jun 2023 | 00:54:06 | |
Bob Elliott is the Co-Founder of Unlimited, which uses machine learning to create index replication ETFs of alternative investments, like hedge funds. Prior to founding Unlimited, Bob was a Senior Investment Executive at Bridgewater Associates, where he served on the Investment Committee (G7) and led Ray Dalio's personal investment research team for nearly a decade. Bob holds a degree in History and Science from Harvard. In this podcast we discuss lessons learned at Bridgewater, what's driving inflation, why Fed hikes are not working, benefits of diversification, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Martin Wolf on Why Capitalism and Democracy Need Each Other | 15 Jun 2023 | 00:58:59 | |
This episode is sponsored by Kalshi.Inc Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 'for services to financial journalism.' His latest book is 'The Crisis of Democratic Capitalism'. In this podcast we discuss why write on democracy and capitalism now, why capitalism and democracy are linked to each other, how capitalism disrupts existing hierarchies, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Alberto Gallo on Investor Complacency, Crisis Risks and Fed's Dilemma | 09 Jun 2023 | 00:40:01 | |
Alberto Gallo is Chief Investment Officer and Co-founder at Andromeda Capital Management. Prior to that, Alberto initiated and ran the Global Credit Opportunities fund at Algebris Investments. Previously, he ran macro credit research at RBS in London, and served in senior research roles at Goldman Sachs in New York, Bear Stearns in New York and London and Merrill Lynch in London. In this podcast we discuss the transition from sell-side to buy-side, creating an edge in investing, finding value in European markets, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Deepak Gurnani on Building Winning Investment Strategies | 02 Jun 2023 | 00:48:39 | |
This episode is sponsored by Kalshi.Inc
Deepak Gurnani is the Founder and Managing Partner of Versor Investments - $2bn quantitative investment firm. Deepak is the former CIO of Investcorp's Hedge Fund Group and was one of the founding members in 1996. He was also a member of the Management Committee there. Deepak retired from Investcorp in March 2013. Prior to Investcorp, Deepak Gurnani spent six years with Citicorp. In this podcast we discuss the best way to implement trend following strategies, mistakes made by trend-followers, importance of sector neutrality, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Jim Rogers on the Demise of the Dollar, Inflation and China | 26 May 2023 | 00:31:11 | |
This episode is sponsored by Kalshi.Inc Jim Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P rose less than 50%. Rogers then decided to retire – at age 37. Continuing to manage his own portfolio, Rogers kept busy serving as a full professor of finance at the Columbia University Graduate School of Business. In 1990-1992, Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. He chronicled his one-of-a-kind journey in Investment Biker: On the Road with Jim Rogers. He has also authored several other books: Adventure Capitalist, Hot Commodities, A Bull in China, A Gift to My Children and Street Smarts. Jim attended Yale and Oxford University. In this podcast we discuss the banking risks, which currency can rival the dollar, the impact of AI, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Stefan Jansen on How to Use ChatGPT and AI in Finance | 19 May 2023 | 00:58:36 | |
Stefan Jansen is the author of the widely read 'Machine Learning For Algorithmic Trading'. He is the founder and Lead Data Scientist at Applied AI. He advises Fortune 500 companies, investment firms and startups across industries on data & AI strategy and developing machine learning solutions. Before his current venture, he was a partner at Infusive, an international investment firm, where he built the predictive analytics and investment research practice. He also was a senior executive at Rev Worldwide, a global fintech company focused on payments. Earlier, he advised Central Banks in emerging markets, and consulted for the World Bank. In this podcast we discuss what benefits does machine learning bring that other techniques don't have, t he challenge of using machine learning in finance, u ses for ChatGPT and LLMs, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Ep. 320: Dominique Dwor-Frecaut on Weak US Growth, Fed Independence and AI Impact | 07 Aug 2025 | 00:35:27 | |
Dominique Dwor-Frecaut is the Chief US economist and macro strategist for Macro Hive and is based in Los Angeles. Before that, she worked at various hedge funds including Bridgewater. Prior to the buy side, she worked at the New York Fed, IMF, and the World Bank. She holds a PhD in economics from the London School of Economics. This episode covers labour's declining share of income; economic stagnation, pro-business forces winning against antitrust, less immigration reducing supply and economic demand simultaneously, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Gavyn Davies on Inflation, Asset Allocation and ChatGPT | 12 May 2023 | 01:03:46 | |
Gavyn Davies is a Founder and the Chairman of Fulcrum – a $5bn independent asset management firm. Prior to Fulcrum, Gavyn was Chairman of the BBC from 2001. He joined Goldman Sachs in 1986 and became Partner in 1988 when he also became the Chief Economist as well as Chairman of the Research Department until he left in 2001. Gavyn was a member of H.M.Treasury Independent Forecasting Panel (1992-1997). He joined the Government's Policy Unit as an Economist (1974) and was an Economic Policy Adviser to the British Prime Minister (1976-1979). Gavyn graduated in Economics from Cambridge in 1972 followed by two years of research at Oxford. In this podcast we discuss difference between public and private sector economics, framework for asset allocation, upside risks to oil markets, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Gene Ma on US-China Decoupling, China's Green Boom, and Growth Outlook | 05 May 2023 | 00:45:26 | |
Gene Ma is the Head of China Research at the IIF. Prior to joining the IIF, Gene served as China Strategist at top macro hedge fund Tudor Investment. He has also held the positions of Managing Director at ISI Group, Chief Analyst at CEBM Group (now part of Caixin), Chief Macro Analyst at Citic Securities, and served at China's Ministry of Finance in Beijing. In this podcast we discuss the current state of China's economy, China's excess capacity build-up during COVID, the state of household balance sheets and post-lockdown behaviour, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Zar Amrolia on Reinventing Trading | 28 Apr 2023 | 00:36:30 | |
Zar Amrolia was recently the co-Chief of XTX Markets – one of the top algorithmic trading companies in the world. Before XTX, Zar was Co-Head of Fixed Income, Currencies and Commodities at Deutsche Bank and a Partner at Goldman Sachs. He started off as a quant at JPMorgan in 1988. He has PhD in Mathematics from Oxford University. In this podcast we discuss creating one-click trading, how computers impacted pricing derivatives, future of investment banks, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Ken Tropin on How to Run a Successful Macro Hedge Fund | 21 Apr 2023 | 00:37:22 | |
This episode is sponsored by Amber Group Ken Tropin is a legend in the macro space. He is the Chairman and the founder of Graham Capital Management (GCM) - $18bn fund. Ken founded GCM in 1994 and over the last 28 years has grown the firm into an industry leading alternative investment manager focusing on global macro discretionary and quantitative hedge fund strategies. Prior to founding GCM, Ken had significant experience in the alternative investment industry, including five years (1989 to 1993) as President and Chief Executive Officer of John W. Henry & Company, Inc. and seven years (1982 to 1989) as Senior Vice President and Director of Managed Futures at Dean Witter Reynolds. In this podcast we discuss the early days of macro and CTA trading, influence of Paul Tudor Jones, the challenge of trading 2011-2021, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Robert Koenigsberger on What Everyone Gets Wrong About Emerging Markets | 14 Apr 2023 | 00:48:56 | |
Robert Koenigsberger is Founder, Chief Investment Officer and the Managing Partner of the $5bn EM fund, Gramercy. He founded Gramercy in 1998. Robert has 36 years of investment experience dedicated to emerging markets with a specialization in distressed opportunistic credit strategies. He is a member of Gramercy's Management Team and is Co-Chair of the Risk Management Committee. In this podcast we discuss common misconceptions about EM, illusion of liquidity, the politics of Latin America, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Peter Spiller on Value Investing, Navigating Inflation and Delivering 15% Annual Returns | 07 Apr 2023 | 00:43:53 | |
Peter Spiller is the one of the most respected value investors in markets. He is the Founder and CIO of boutique investment house CG Asset Management. Prior to founding CGAM in 2000, Peter was a partner and strategy director at Cazenove & Co Capital Management and a US equity investor at Capel Cure & Myers. Peter has managed Capital Gearing Trust plc since 1982, which has delivered annual returns of 15%. In this podcast we discuss how to measure fair value of equities, understanding impact of tech, why real rates will go negative, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Geoff Rubin on 60:40 Portfolios, Endowment Model and Re-Thinking Risk | 31 Mar 2023 | 00:36:50 | |
Geoff Rubin is Senior Managing Director and Chief Investment Strategist at CPP Investments. The Canadian Pension Plan is one of the world's leading pension managers with over $530bn in assets. Geoff is responsible for designing and implementing CPP Investments' long-term investment strategy. He joined CPP Investments in 2011, at the inception of the former Total Portfolio Management department. Previously, Geoff held finance roles with Fannie Mae and Capital One Financial where he managed the global balance sheet. In this podcast we discuss fixed income as diversifier, the right way to think about risk, how to insulate against inflation shocks, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Jim Leitner on Creating a Macro Edge, Trading Options and Carry Trades | 24 Mar 2023 | 01:09:36 | |
This episode is sponsored by Amber Group Jim Leitner serves as President of Falcon Management Corporation and CIO of Falcon Family L.P., a family office. Previously, he worked as a foreign exchange trader at Morgan Guaranty, as Chief Dealer at Bank of America International, as Vice President for proprietary trading at Shearson Lehman and as Managing Director in the Global Trading Department at Bankers Trust. Jim was a member of the Yale Investment Committee from 2004 through to 2010. In this podcast we discuss why inflation could be more persistent, thoughts on bank crises, owning rather than using options, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Lindsay Politi on the Silicon Valley Bank Fall-Out, Duration Bubbles and Inflation | 17 Mar 2023 | 00:29:53 | |
Lindsay Politi is Head of Inflation Strategies at One River Asset Management. Lindsay began her career at Wellington Management in Boston where she was head of Global Inflation-linked Investments. In that role she was one of the top TIPS managers by assets, managing over $10 billion in dedicated assets, with a top quintile track record for excess in her peer group. She then joined Tudor Investment Corporation in Greenwich as a discretionary macro investor, translating her inflation strategy onto a macro hedge fund platform. She then joined One River Asset Management in 2018. In this podcast we discuss reframing the bank crisis as a duration bubble, how inflation distorts time, why shelter prices are not falling faster, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Niall Ferguson on Cold War 2, Middle East Conflict and Woke Students | 10 Mar 2023 | 00:52:19 | |
Niall Ferguson is the Milbank Family Senior Fellow at the Hoover Institution, Stanford University, and a senior faculty fellow of the Belfer Center at Harvard, where he served for twelve years as the Laurence A. Tisch Professor of History. He is the author of sixteen books. This includes the international bestseller, The Ascent of Money: A Financial History of the World. His most recent book is Doom: The Politics of Catastrophe. In addition to his academic work, he is the founder and managing director of Greenmantle LLC, an advisory firm. In this podcast we discuss the proper way to do historical analysis, the new conflict on AI and quantum, geological risks, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Ep. 319: Phil Suttle on Slowing US, Delayed Tariff Impacts and China Investment | 31 Jul 2025 | 00:43:19 | |
Phil is the founder of Suttle Economics – a leading research consultancy. Before that, he held senior roles at Tudor, the Institute of International Finance (IIF), JP Morgan, Barclays, the New York Fed and World Bank. He was educated at Oxford University and lives in the US. In the podcast, we discuss US labour supply problem, state of the US consumer and weaker growth, Fed policy, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ | |||
| Mustafa Chowdhury on Mortgage Risks, Fed Shocks and Derivatives | 03 Mar 2023 | 01:03:44 | |
Mustafa is a rates guru and member of the research team at Macro Hive. Before this, Mustafa was the Head of Rates, FX, and Derivatives at Voya Investments, where he helped manage $40 billion of assets. Prior to that, he was a Managing Director and Head of US Rates and MBS Strategy at Deutsche Bank. And in the 1990s, he was Co-head of Asset-Liability Management at Freddie Mac, where he was responsible for managing one of the world's largest fixed income derivatives portfolios and trading desks. In this podcast we discuss how financial institutions manage mortgages on their books, what triggered sub-prime/global financial crisis, why households and mortgage markets are safer today than 2008, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
| |||
| Timothy Ash on Russia's Failure, China Intervention and EM Re-Alignment | 24 Feb 2023 | 00:48:35 | |
Timothy Ash is a Senior EM Sovereign Strategist at the $125bn fund, BlueBay, and is widely considered one of the leading experts on Ukraine and Russia. Prior to joining BlueBay, Tim was Head of CEEMEA Credit Strategy at Nomura International. Before this he was Head of EM Research (ex-Africa) at ICBC-Standard Bank until May 2015; Head of Emerging Markets Research at the Royal Bank of Scotland until June 2012; and Head of EMEA fixed income research at Bear Stearns International (later JPMorgan Chase) until April 2008. In this podcast we discuss what caused the collapse of the Soviet Union, why Russia didn't have a quick victory against Ukraine, China brokering peace deal, and much more.
Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
| |||
| Mikihiro Matsuoka on Japan Inflation, BoJ Outlook and Debt Problems | 17 Feb 2023 | 00:46:25 | |
Matsuoka-San is the Chief Economist of SBI Securities in Japan. Before that, he was the Chief Economist for Japan at Deutsche Bank. Overall, he has been involved in macroeconomic analysis at research institutions and financial institutions for the past 30 years. He is known to be one of the leading Japan economists with unique insights on structural issues. Over the years he has been highly ranked in numerous surveys including the Institutional Investor survey. In this podcast we discuss current trends in Japan inflation, outlook on BoJ actions, comparison between Prime Minister Kishida and Abe, and much more.
Visit our website here: | |||