L&G Talks Asset Management

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424

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Oct 2026

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About the show

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.

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60 recent

October 29, 2026Episode 42823 min

428: Market Talk: What AI and bond markets are telling investors

Ben Bennett, Chief Investment Strategist for Asia, shares his thoughts on the outlook for AI, inflation and bond markets. He also explores whether hyperscalers can continue to justify high expectations, what Asia can tell us about the AI trade, shifting signals from government bond yields, and the potential impact of energy prices on inflation and growth. This podcast was hosted by Sarka Halas, content manager. This podcast was recorded on 27 October 2026. All data is sourced from LSEG as of 27 October 2026 unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecast will come to pass.

October 22, 2026Episode 42726 min

427: The retirement income lens

In this episode of DC Close Up for L&G Talks Asset Management, Lesley-Ann Morgan, Global Head of DC, is joined by Micah Smith, Head of Retirement Innovation at L&G, and Paul Waters, Partner and Head of DC Markets at Hymans Robertson, to explore the growing focus on retirement income. Together, they explore why retirement income is one of the toughest challenges facing DC, how policy and new approaches are evolving, and whether the future lies in one dominant solution or a broader range of options designed around different needs. This episode was recorded on 7 October 2026. All information and views from L&G and Hymans Robertson as at date of recording.

October 21, 2026Episode 42639 min

426: French bond spreads: a warning sign for Europe?

France has moved back to the centre of investors' attention. Concerns over the country's fiscal outlook, rising debt burden and increasingly fragmented political landscape have prompted markets to demand a higher premium for holding French assets, pushing the spread between French and German government bonds to levels not seen since the eurozone sovereign debt crisis. In this episode, Amelie Chowna, Head of Fixed Income Strategic Initiatives is joined by Simon Bell, Fund Manager; Marc Rovers, Head of European Credit; and Robert Griffiths, Global Equity Strategist, to discuss why investors are suddenly paying attention to France, whether recent market moves reflect country-specific risks or a broader global bond sell-off, and why equity and credit investors should care about what appears to be a sovereign debt story. This was recorded on 13 October 2026. All data sourced from LSEG as of 13 October 2026, unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. Assumptions, opinions and estimates are for illustrative purposes only and are subject to change. There is no guarantee that any forecast or projection will be realised.

October 15, 2026Episode 42521 min

425: What do the terms OCIO and fiduciary management actually mean?

Our Head of Delegated Solutions, Tim Dougall, offers his insights into what’s driving increased interest in fiduciary management and OCIO among UK pension schemes. In this episode we discuss: What OCIO and fiduciary management services cover and how they can support clients How L&G’s approach is different to more traditional fiduciary management models Future trends in ESG and technology that trustees should be aware of This podcast was recorded on Monday 5 October 2026. For professional investors only. 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.

October 8, 2026Episode 42415 min

424: Real assets roundup – what’s moving the needle?

This week’s episode takes a broad look at real assets. We assess how investors are looking at this sector and how the macro-economic backdrop may be impacting their thinking. Joining the podcast is Neil Meikle, Head of Private Markets Distribution. Neil brings a unique perspective, drawn from experience talking to private market investors of all stripes. The episode addresses real assets across the board, touching on areas such as digital infrastructure, operational real estate and clean power. This podcast is hosted by Nick Jardine, Content Manager for Private Markets at L&G. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecast will come to pass.

October 2, 2026Episode 42323 min

423: The higher-for-longer reckoning

Ben Bennett, Chief Investment Strategist for Asia, examines one of the market's biggest puzzles: why equity markets continue to shrug off rising bond yields, elevated oil prices and tightening financial conditions. Ben discusses what a surge in US Treasury yields above 5% could mean for investors, and whether markets are underestimating the risk of a renewed inflation shock. He also explores the growing competition for capital between governments and AI-related investment, the implications of record debt issuance, mounting fiscal pressures in Europe, and what a stronger US dollar may be signalling about the global economy. This podcast was hosted by Sarka Halas, content manager and was recorded on 30 September 2026. All data sourced from LSEG as of 30 September 2026, unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. Assumptions, opinions and estimates are for illustrative purposes only and are subject to change. There is no guarantee that any forecast or projection will be realised.

September 24, 2026Episode 42227 min

422: AI: victors, vulnerabilities and value

The AI investment story is evolving beyond today's market leaders. Economist Matthew Rodger and Portfolio Manager in our Active Equities team Ewan Bowerbank discuss whether open-weight models could change where value accrues, the growing importance of energy and infrastructure, and how geopolitics and regulation could shape AI's next phase. They explore what this means for investors, including the case for diversification across the AI ecosystem, managing valuation risk and identifying potential beneficiaries beyond technology. This podcast was recorded on 21 September 2026. All data is sourced from Bloomberg as of 21 September 2026 unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecast will come to pass. It should be noted that diversification is no guarantee against a loss in a declining market.

September 17, 2026Episode 42122 min

421: A new era for rates and bonds? Market Talk

Ben Bennett, Head of Investment Strategy Asia, shares his thoughts on what higher rates could mean for inflation, equities and bond markets. He also explores diverging central bank policies, whether US Treasury yields can remain above 5%, rising energy prices, and the evolving relationship between the Fed and the Treasury. This podcast was recorded on 16 September 2026. All data is sourced from LSEG as of 15 September 2026 unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecast will come to pass.

September 10, 2026Episode 42034 min

420: What separates a good managed portfolio service from a great one?

L&G’s James Giblin, Fund Manager, and Dorian Squires, Investment Director at Apollo Investment Management, go beyond performance numbers to explore the people, processes and partnerships that sit behind a managed portfolio service. Drawing on their own experiences, they share real-world examples of how investment decisions are made, how funds are selected and monitored, and how advisers and fund managers work together through changing market conditions. The discussion includes lessons from periods of market volatility, insights into the due diligence and governance that underpin portfolio construction, and real-world examples of how investment teams respond when markets come under pressure. This podcast is hosted by Sarka Halas, Content Manager, and was recorded on 2 September 2026. For professional investors only. Capital at risk. Risk management cannot fully eliminate the risk of investment loss. It should be noted that diversification is no guarantee against a loss in a declining market. 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.

September 4, 2026Episode 41919 min

419: What’s behind the global bond selloff? Market Talk

Ben Bennett, Head of Investment Strategy Asia, shares his thoughts on how higher long-end yields shaping cross-asset performance. Also on the agenda is Japanese yen strength, the outlook for oil and Nvidia's* latest results. This podcast was recorded on 2 September 2026. All data is sourced from LSEG as at 1 September 2026 unless otherwise stated. For professional investors only. Capital at risk. Securities mentioned for illustrative purposes only. *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.