Money Maze Curated Podcasts – Details, episodes & analysis

Paul begins with explaining why his initial job at the Federal Reserve was so important for his subsequent future in finance.

He then details how he capitalised on those lessons at Merrill Lynch and JP Morgan before seeing potential opportunities developing from the emerging troubles in the world of banking in 2008, leading to the creation of Orchard Global.

He explains Orchard’s mission, expertise, typical client profiles and how they helped pioneer significant risk transfers (SRTs) during the GFC. A significant risk transfer (SRT) deal is a financial transaction that allows banks to reduce their regulatory capital requirements by transferring credit risk to third-party investors.

He discusses their private and public credit strategies, before covering how regulation such as Basel III is impacting the market.

Paul then explains how, in providing private & public market credit solutions, they play a particularly pivotal role in helping banks.

Finally, he explains why investors go to them in order to “stay rich”!

Sign up to our Newsletter | Follow us on LinkedIn | Watch on YouTube | Contact Orchard Global

Santander Asset Management manages almost $230 billion*, employs over 850 people and operates in 10 countries. In this interview we’re pleased to feature Samantha Ricciardi, who has been CEO of the company since February 2022. 

Samantha begins by putting into context the perspectives she acquired after working at BlackRock and Schroders, before covering Santander’s investment philosophy, key strengths, and priorities for 2024/25.

She discusses the investment flows into and out of Latin America, the forces of digitisation, passive’s growth, and how they are judiciously building a private markets capability.

She then explains more about investment interest in local LATAM debt & Middle Eastern inflows to the region, and why - as a significant player in the UK market - the investment opportunities here remain compelling. Interview recorded in June 2024. 

Sign up to our Newsletter | Follow us on LinkedIn | Watch on YouTube | *As of March 2024

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DISCLAIMER - SANTANDER ASSET MANAGEMENT UK LIMITED
This podcast has been approved by Santander Asset Management UK Limited (SAM UK). This podcast is for information purposes only and does not constitute an offer or solicitation to buy or sell any securities or other financial instruments, or to provide investment advice or services. Opinions expressed within this podcast, if any, are current opinions as of the date stated and do not constitute investment or any other advice; the views are subject to change and do not necessarily reflect the views of Santander Asset Management as a whole or any part thereof. While we try and take every care over the information in this podcast, we cannot accept any responsibility for mistakes and missing information that may be presented. The value of investments and any income is not guaranteed and can go down as well as up and may be affected by exchange rate fluctuations. This means that an investor may not get back the amount invested. Past performance is not a guide to future performance. All information is approved by Santander Asset Management UK Limited (Company Registration No. SC106669). Registered in Scotland at 287 St Vincent Street, Glasgow G2 5NB, United Kingdom. Authorised and regulated by the FCA. FCA registered number 122491. You can check this on the Financial Services Register by visiting the FCA’s website: www.fca.org.uk/register. Santander and the flame logo are registered trademarks: www.santanderassetmanagement.co.uk.

DISCLAIMER - MONEY MAZE PODCAST
All content on the Money Maze Podcast is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents.Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast, which is funded by third party advertising.

Ruffer contend that positive absolute returns “will not be achievable for most long only investors in the coming market cycle”. To articulate why they believe this, Matt Smith, Partner and Investment Director, explains Ruffer’s origins, before describing the investment process, their view of “the changed investment climate”, the tools and assets they are using in this environment and how portfolios are positioned.

In describing themselves as “an alternative to alternatives”, Matt explains how they run a global macro, absolute return strategy, without a benchmark, and how they discuss return expectations with clients and review their returns.

The conversation covers the sticky nature of the inflation they see persisting, the dangers of hidden leverage and why a structural market in bonds and equities may characterise the investment landscape for a while. All this whilst seeking positive returns “come rain or shine”

Sign up to our newsletter for more in-depth insights |  Follow us on LinkedIn | Connect with Ruffer

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DISCLAIMER (RUFFER LLP)

Podcast recorded: November 2022

Ruffer performance to 31 Dec %

2018 -5.8 | 2019 7.0 | 2020 16.7 | 2021 8.2 | 2022 5.7

Source: Ruffer

All mentions of Ruffer performance refer to Ruffer’s representative portfolio, which shows the performance of an unconstrained, segregated portfolio of £1 million set up in 1995, and follows Ruffer’s investment approach.

Past performance is not a guide to future performance. The value of investments and the income derived therefrom can decrease as well as increase and you may not get back the full amount originally invested. Ruffer performance is shown after deduction of all fees and management charges, and on the basis of income being reinvested. The value of overseas investments will be influenced by the rate of exchange. For further information on Ruffer’s performance, please see the Performance page on Ruffer’s website at ruffer.co.uk.

The views expressed in this podcast are not intended as an offer or solicitation for the purchase or sale of any investment or financial instrument, including interests in any of Ruffer’s funds. The information contained in the podcast is fact based and does not constitute investment research, investment advice or a personal recommendation, and should not be used as the basis for any investment decision. This podcast does not take account of any potential investor’s investment objectives, particular needs or financial situation. This podcast reflects Ruffer’s opinions at the date of publication only, the opinions are subject to change without notice and Ruffer shall bear no responsibility for the opinions offered.

Ruffer LLP is authorised and regulated by the Financial Conduct Authority in the UK and is registered as an investment adviser with the US Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training.

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DISCLAIMER (MONEY MAZE PODCASTING LTD)
All content on Money Maze Curated Podcasts is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast (which is funded by third party advertising). Full disclaimer here.

Today in this Money Maze Podcast Curated edition we travel to Canada, to understand Sagard, with its Chairman and CEO, Paul Desmarais III.

Sagard is an intriguing alternative asset management business, that is striking in both the freshness of its approach and clarity of its ambitions.

In this conversation, Paul explains Sagard’s genesis and vision. He then describes their core investment activities, investment process, and disciplines, as well as their thoughtful approach to issues relating to ESG and sustainability.

He then elaborates on their priorities and growth opportunities by geography and theme, the importance of “the network”, and Canada’s advantages for both inward and external flow of opportunities.

Paul finally explains why innovation and entrepreneurship are core values in the organisation and how culture is an essential underpinning of their approach to business.

Sign up to our newsletter for more in-depth insights |  Follow us on LinkedIn | Connect with Sagard here

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DISCLAIMER
All content on Money Maze Curated Podcasts is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast (which is funded by third party advertising). Full disclaimer here.

Learn more about Curated Podcasts in this short trailer. Produced by the Money Maze Podcast team, these episodes offer in-depth insights into a range of investment organisations and other exciting businesses.

Whilst this series is produced with the professional investor in mind, episodes are not intended to address your particular requirements.

We recommend that this resource be utilised in conjunction with your wider portfolio research and expert advice.

Sign up to our newsletter for more in-depth insights | Follow us on LinkedIn

 

In this episode, with Tamer Ozmen, CEO of Mintus, we have the opportunity to discuss Mintus’s approach to investing in the art market, through their FCA authorised fractionalisation platform.

Tamer describes his earlier experience with Priceline, Orange, and then as CEO of Microsoft Turkey, and how those formative lessons led to the genesis of Mintus. 

He describes art as an asset class, its long-term drivers and behaviours, supply and demand changes, as well as the growth in demand for private assets. He also speaks about the technology itself, which allows for fractionalisation, and creating the marketplace to combine buyers and sellers.

Tamer describes the investment process that leads to the selection of artists and their paintings, the disciplines and requirements around valuation, as well as the steps to ensure authentication and quality.

Finally, he describes the significance of key board members like Tad Smith, Brett Gorvy and Martin Slendebroek, who bring gravitas and decades of art insights to this exciting venture.

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DISCLAIMER
All content on Money Maze Curated Podcasts is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast (which is funded by third party advertising). Full disclaimer here.

As the alarm bells sound on the urgency to build a new energy order, whilst balancing the need for pragmatism, the key priorities of investing in energy infrastructure continue to accelerate. In particular, decarbonization and electrification are focusing the minds of investment managers and capital allocators.

In this Curated Podcast episode, Anthony Catachanas, CEO of Victory Hill Capital Advisors LLP, explains their mission, including their private equity approach, making direct investments in global energy infrastructure, and targeting the energy transition.

Anthony also explains the relevance of his career up to founding Victory Hill Capital Advisors LLP, with specific emphasis on the work with energy transactions at Mizuho as well as time at Goldman Sachs. He explains their broader investment philosophy, before examining the distinct character of local energy markets and the varying opportunities presented in the mid-market space.

Furthermore, he discusses the identification, acquisition and management of assets, and alongside this he describes their priorities, the geographic dispersion of investments and potential returns.

Finally he explains their sustainability and ESG credentials and the speed with which change is taking place in this regard.

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DISCLAIMER
All content on Money Maze Curated Podcasts is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast (which is funded by third party advertising). Full disclaimer here.

In this Money Maze Podcast curated discussion, we explore Lansdowne Partners’ European Long Only Equity Fund with Daniel Avigad, its manager.

Daniel has been with Lansdowne Partners since 2006, and has achieved striking results in a concentrated, large cap portfolio, investing in European and UK stocks.

Daniel’s modest and quiet passion for the opportunities he and his team have identified shine through in this conversation. He explains the approach of seeking long-term investments in European equities based on deep diligence, fundamental analysis and active engagement.

He describes the library of knowledge accumulated, their approach to meeting management teams - and presenting them with potential routes and opportunities - and how this can make allies of the companies in which they invest.

Daniel explains their approach to capital cycles, leading to a discussion on the key themes of digitisation, decarbonisation and electrification. He talks about some of the key investments they own, the excellence residing in capital goods in Europe, the challenges of ESG, and why the potential for compelling returns may reside more in Europe than is the general consensus.

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DISCLAIMER
All content on Money Maze Curated Podcasts is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast (which is funded by third party advertising). Full disclaimer here. 

The Fat Gladiator is a unique and exclusive investment club that tracks the world’s most powerful trends, and identifies the companies and asset classes most likely to profit from them.

In this interview, Nick Finegold, Founder and long time investor, describes the growth of this business which seeks to identify compelling and potentially profitable investment themes, through collaboration and idea sharing with a growing club of institutional and seasoned investors.

Nick describes how the club operates, and provides examples of some of the investment themes discussed, and pursued by club members. These have included nuclear renaissance, MIPS smart cycle helmet technology, to the new world of digital marketing and communication, and a solution to the world’s food security problems – cell cultured foods.

Nick also describes how speakers from multiple disciplines are asked to join and explains their investment concepts, as well as to discuss their relevance. The range of ideas has incorporated Nick Jones of Soho House to Sir Martin Sorrell at S4 Capital, and in the year ahead there is a dazzling list of investment ideas which will be explored.

For further information please contact James@fatgladiator.com

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DISCLAIMER
All content on Money Maze Curated Podcasts is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast (which is funded by third party advertising). Full disclaimer here.

In 2017 Brian founded and continues to serve as Chairman and CEO of TechMet Ltd, an investment vehicle for a portfolio of technology metal projects. TechMet acquires and manages projects that produce, process and recycle the key strategic technology metals that go into batteries, electric vehicles and renewable energy systems – cobalt, lithium, nickel, tin, tungsten, rare earth metals and vanadium.

He explains how the world is undergoing a seismic transformation in how it produces and uses energy. A part of this is a mobility revolution with the mass adoption of electric vehicles. These radical shifts represent ‘once-in-a-century’ investment opportunities and will re-shape not just whole industries, but also the geopolitical landscape. A key to success will be the ability to secure the supply of its building blocks – the technology metals.

Please note, this episode was released in May 2022. In November 2023, Brian re-appeared on the show. Watch or listen here!

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DISCLAIMER
All content on Money Maze Curated Podcasts is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions. We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Guests, presenters and other individuals involved in the production of this podcast may have positions in any of the investments discussed. Please note, Money Maze Curated Podcasts are funded by the interviewee or their featured organization, unlike the Money Maze Podcast (which is funded by third party advertising). Full disclaimer here.