GLOBAL INVESTMENT INSIGHTS

“Decarbonisation in fixed income is no longer a theoretical ambition—it’s a practical necessity. The challenge is to do it smartly: reducing carbon emissions without compromising returns or increasing risk unnecessarily."

- Ralph Berkien is Head of Fixed Income Client Portfolio Management at Robeco, where he leads the global effort to represent Robeco’s fixed income strategies to institutional clients. With over two decades of experience in asset management, Ralph has held roles spanning investment advisory, product management, and communications. His current focus is on systematic fixed income strategies, including enhanced indexing strategies in credits and quant strategies in government bonds, which integrate sustainability and factor-based investing.

Ralph will be presenting at Global Investment Institute’s upcoming Fixed Income & Alternative Credit Investment Forum, taking place on Thursday, 11 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“To successfully deliver a multi-asset credit portfolio, top-down macro research must be combined with specialised bottom-up insights to 'see' the complete picture across the entire fixed income landscape. The application of a dynamic credit hedge, guided by those insights, can enable portfolios to deliver more reliable returns whilst reducing sensitivity to growth-led shocks, helping to balance the portfolio and smoothen investor returns through time.”

- Aakash Thombre is the Global Head of High Yield and Bank Loans at Goldman Sachs Asset Management, where he is responsible for the portfolio management of high yield and multi sector credit portfolios (i.e. portfolios spanning high yield, bank loan, emerging markets, and securitised asset classes. Aakash is accountable for the overall performance as well as investment process applied in these portfolios.

Aakash will be presenting at Global Investment Institute’s upcoming Fixed Income & Alternative Credit Investment Forum, taking place on Thursday, 11 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“We estimate the addressable market for Asset-Based Finance (ABF) to be approximately $11 trillion, with private fund capital penetration currently sized at just ~4% of that total. For early movers, ABF presents a chance to access premium yields and portfolio diversification before broader market participation compresses returns.”

- Tracy Jones is a Vice President at Blue Owl Capital, where she is responsible for representing Blue Owl’s unique suite of private markets strategies to Australian investors. Tracy’s focus is on deepening institutional relationships and driving strategic growth as Blue Owl continue to expand their presence across Australasia.

Tracy will be presenting at Global Investment Institute’s upcoming Family Office Investment Forum, taking place on Tuesday, 9 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“An unusual valuation dislocation has given rise to an immediate opportunity to allocate to the long-term outperforming small and mid cap equities segment just as those earnings are set to accelerate. Moreover, the diversification of that market segment mitigates the growing concentration risk within traditional large cap indices, while also providing a greater opportunity for alpha generation for active investors.”

- Andrew Gowen is a Portfolio Manager and Director of Research at Bell Asset Management. Andrew’s role at Bell spans both investment research and portfolio management, which enhances cross functional communication and ensures consistent execution throughout the investment process. 

Andrew will be presenting at Global Investment Institute’s upcoming Equities Investment Forum, taking place on Wednesday, 10 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“It’s a good environment to be a liquidity provider in private equity. But to do it successfully, you need a strong PE platform with core relationships around the world. This is not something you can build overnight.”

- Pauline Wetter is an Investment Partner and Co-Portfolio Manager of the Private Equity portfolio for the Princely Endowment at LGT Capital Partners, where she is responsible for origination, due diligence, execution of private equity investments on the one hand, but also for portfolio construction of PE portfolios, with a specific focus on Secondaries. 

Pauline will be presenting at Global Investment Institute’s upcoming Family Office Investment Forum, taking place on Tuesday, 9 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“The Trump Administration is carving an alternative Sovereign Wealth Fund path – one that is distinctly bottom-up, ad hoc and industrial strategy-driven, using sovereign capital not for national savings but as an instrument for strategic investments.”

- Winston Ma, CFA & Esq., is an investor, attorney, author, and adjunct professor in the global AI-digital economy. He is a partner of Dragon Global, an AI-focused family office (founding member: Dragon.AI), and he is also the Executive Director of Global Public Investment Funds Forum and an Adjunct Professor (on Sovereign Investors) at New York University (NYU) School of Law. He has been a member of NYU President's Global Council since its inception.

In this exclusive interview with Global Investment Institute, Winston discusses the proposal by the US federal government to create a United States Sovereign Wealth Fund (SWF), including how it would differ from a traditional SWF, the US Government’s strategic objectives in establishing a SWF, its role in public-private investment partnerships, the types of strategic investments it may attract and how the SWF’s asset allocation might differ from a traditional SWF.

“Unlike prior innovation cycles, the speed of adoption of AI and unprecedented progress, make this wave more disruptive. However, as AI disruption accelerates and new winners emerge while incumbents falter, passive strategies face a growing challenge - indices are slow to reflect leadership changes. This creates risk for investors relying on static benchmarks and an opportunity for active managers who can identify new leaders early.”

- Pawel Wroblewski is the Managing Director, Portfolio Manager at ClearBridge Investments, where he is responsible for overseeing approximately US$17 billion in assets under management. Pawel’s responsibilities cover all aspects of portfolio management, including stock selection and strategic positioning. In addition to managing the portfolio, he also covers the Technology, Industrials and Commodity sectors, providing insights into companies and broader industry trends.

Pawel will be presenting at Global Investment Institute’s upcoming Equities Investment Forum, taking place on Wednesday, 10 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“As most passive strategies allocate capital broadly and without regard to valuation, we believe passive investing exposes investors to greater risk of loss. We believe risk is more efficiently managed by ensuring prudent diversification of the underlying business drivers to which one’s portfolio holdings are exposed, where the positive impact of one may offset the negative impact of another.”

- Aziz Hamzaogullari is the Chief Investment Officer and founder of the Growth Equity Strategies team at Loomis, Sayles & Company. He is the portfolio manager of the Loomis Sayles Large Cap Growth, All Cap Growth, Global Growth, and International Growth long-only strategies as well as the Long/Short Growth Equity Strategy. Aziz has over 25 years of investment industry experience.

Aziz will be presenting at Global Investment Institute’s upcoming Equities Investment Forum, taking place on Wednesday, 10 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.

“It is worth considering the cheapest space within emerging markets; EM Value, has broadly out-performed EM, when EM has out-performed DM (and vice versa). To a large extent, EM Value magnifies the issues, and opportunity, of EM.”

- Steven Gray is the Head of Global Emerging Markets (GEM) and Regional Asia Value Equities at Eastspring Investments, where he is responsible for the firm’s GEM and Asia Value equity capabilities. Steven is also the Lead Manager for Eastspring’s GEM Dynamic strategy.

Steven will be presenting at Global Investment Institute’s upcoming Equities Investment Forum, taking place on Wednesday, 10 September 2025 in Melbourne CBD, Victoria. To register your interest in attending, click here or for more information email zlatan@globalii.com.au.