Shows / Talking Capital
Talking Capital
Talking Capital explores the big questions facing sophisticated, long-term investors. Join Ian Barnard and guests on a monthly basis, as they answer market and investment questions posed by our own clients, covering any asset class in any region of the world. Capital Generation Partners LLP is authorised and regulated by the Financial Conduct Authority and is registered as an Investment Adviser by the US Securities and Exchange Commission. This podcast and any opinions expressed do not…
Episodes
- Talking Capital
In conversation with Greenbriar's Noah Roy: from sector specialisation to value creation
In this episode, Ian is joined by Noah Roy, Managing Partner of Greenbriar Equity Group, a growth-oriented, sector specialist private equity investor. Together…
- Talking Capital
Private Equity: identifying specialist managers in a maturing market
In this episode, Ian is joined by Enrica Dacomo, Director and Private Equity Lead at CapGen, to discuss the theme of sector specialisation in private equity…
- Talking Capital
Private Equity: navigating the market through sector specialisation
In this episode, Ian is joined by Chady Jouni, CapGen's new CIO, to discuss the theme of sector specialisation in private equity, including: The current…
- Talking Capital
In conversation with Clean Energy Transition's Per Lekander: the origins, philosophy and practice of energy investing
In this episode, Ian is joined by Per Lekander, Founder & CEO of Clean Energy Transition, a thematic investment manager which seeks to capitalise on the…
- Talking Capital
Energy Transition: opportunities, processes and manager selection
In this episode, Ian is joined by Mario Acquistapace, Investment Research Director at CapGen, to discuss the theme of energy transition, including: An overview…
- Talking Capital
Energy Transition: market drivers, portfolio integration and long-term implementation
In this episode, Ian is joined by Donald McFarlan, Portfolio Management Director at CapGen, to discuss the theme of energy transition, including: Market…
- Talking Capital
Responsible Capital: ESG requirements, regulation and the future for commercial real estate
In this episode, Ian is joined by Ross Davies, Head of Real Estate at CapGen, to discuss the role of ESG in the real estate industry, including: The evolution…
- Talking Capital
The Iran conflict: what it means for markets, investors and portfolios
In this standalone episode, Ian is joined by Quintin Price, Chair of our Asset Allocation Committee, and Donald McFarlan, Portfolio Management Director, to…
- Talking Capital
Responsible Capital: the economics of natural capital, how to measure it and the UK's progress
In this episode, Ian is joined by Kate Russell, Managing Director of Tellus Natural Capital and Dimitri Zenghelis, Chair of our Responsible Capital Committee…
- Talking Capital
Responsible Capital: navigating Trump’s influence, China’s renewable leadership, and the progress of natural capital
In this episode, Ian is joined by Dimitri Zenghelis, Chair of our Responsible Capital Committee and Senior Associate at the Cambridge Institute for…
- Talking Capital
2026 primer: 2025 recap, private market performance and new opportunities
In this episode, Ian and Robert discuss: 2025 recap: how should we reflect on market performance in 2025? Private markets: have private markets recovered and…
- Talking Capital
In conversation with Carrhae Capital's Ali Akay: exploring their selection process and investment philosophy in action
In this episode, Ian is joined by Ali Akay, Chief Investment Officer of Carrhae Capital, an investment manager specialising in emerging market equities, to…
- Talking Capital
Emerging Market Equities: navigating cycles, risks and opportunities
In this episode, Ian is joined by Mario Acquistapace, Investment Research Associate Director at CapGen, to discuss emerging market equities, including: An…
- Talking Capital
Emerging Market Equities: opportunities, risks and investment strategies
In this episode, Ian and Robert discuss emerging market equities from a macro perspective: Market overview: how have emerging market equities performed over…
- Talking Capital
In conversation with Stoneshield Capital's Felipe Morenés: from investment strategies to opportunity identification and value creation
In this episode, Ian is joined by Felipe Morenés, Founding Partner of Stoneshield Capital, a distressed and opportunistic long-term investment firm, to…
- Talking Capital
Real estate: opportunities, how to access them and the selection process
In this episode, Ian is joined by Ross Davies, Head of Real Estate at CapGen, to discuss real estate, including: Current opportunities in Europe and the US Our…
- Talking Capital
Real estate: market trends, its place in portfolios and the current opportunities
In this episode, Ian and Robert discuss Real Estate from a macro perspective: Market overview: how has real estate performed over recent years and what do we…
- Talking Capital
In conversation with Berkshire Partners’ Mike Ascione: investment strategies and success stories
In this episode, Ian is joined by Mike Ascione, Managing Director of Berkshire Partners, a US-based private equity manager, to discuss: Berkshire’s origins…
- Talking Capital
Private Equity: opportunities, and the importance of building long-term relationships
In this episode, Ian is joined by Enrica Dacomo, Investment Research Director at CapGen, to discuss Private Equity from a research perspective, including…
- Talking Capital
Private Equity: from fundamentals to opportunities
In this episode, Ian and Robert discuss Private Equity from a macro perspective: First principles: what is the role of private equity in portfolios? Building a…
- Talking Capital
The outlook for inflation, US growth and China
In this episode, Ian and Robert discuss: Inflation: what are we expecting and how might markets react? Growth forecasts: where might we see growth surprises in…
- Talking Capital
Investment Opportunities: dispersion, Emerging Markets and commodities
In this episode, Ian and Robert discuss: Dispersion: what does it mean in a financial context when does it represent an investment opportunity? Emerging…
- Talking Capital
Trump 2.0 policy, interest rates, and what bank earnings can tell us
In this episode, Ian and Robert discuss: Trump inauguration: why are tariffs important to investors and how might the changes to immigration policy impact the…
- Talking Capital
2025 primer: 2024 recap, inflation risk and new opportunities
In this episode, Ian and Robert discuss: 2024 recap: how should we reflect on 2024, where did we see surprises and how did the opportunities we had highlighted…
- Talking Capital
Active vs passive and the outlook for bitcoin and private equity
In this episode, Ian and Robert discuss: Active vs passive: what are the pros and cons and how should investors approach a thematic investment such as BioTech?…
- Talking Capital
Commercial real estate special: The current state of the UK market, opportunities vs risks, and real estate investment strategy
In this commercial real estate special, with guest, Ross Davies, Head of Real Estate at CapGen, Ian and Ross discuss: What is the current state of the UK real…
- Talking Capital
The credit cycle, and the post-election opportunities in small-caps and BioTech
In this episode, Ian and Robert discuss: Credit: how has the credit cycle reacted to the recent increase in rates and how are we managing credit in client…
- Talking Capital
US election market impacts and opportunities in commodities
In this episode, Ian and Robert discuss: US election: what were the Trump trades? Market implications: what are some of the bigger picture impacts of the…
- Talking Capital
Earnings season, US growth momentum and inflation divergence
In this episode, Ian and Robert discuss: Earnings season: what have we learnt so far and what effect will AI have on big tech? US growth: is momentum shifting…
- Talking Capital
Middle East escalations, the outlook for gold, and the China stimulus package
In this episode, Ian and Robert discuss: Middle East: how might the recent escalations affect markets in the short and long term? Gold: what is driving the…
- Talking Capital
Private Equity special: finding, assessing and accessing top managers
In this Private Equity special, Ian is joined by special guest Enrica Dacomo, Investment Research Director at CapGen. Ian and Enrica discuss: The…
- Talking Capital
Signal vs. noise: what the summer showed us, interest rates, and private equity
In this episode, Ian and Robert discuss: Summer recap: what did the market movements over summer teach us? Interest rates: how should investors think about…
- Talking Capital
Economic slowdown vs AI revolution: three potential paths for the global economy
In this episode, Ian and Robert discuss three potential paths for the global economy and the likelihood of each: AI revolution: could investment in AI power a…
- Talking Capital
Navigating geopolitics, market concentration and Q2 markets wrap
In this episode, Ian and Robert discuss: Geopolitics: how do elections and political risk influence our approach to portfolio construction? Markets wrap: what…
- Talking Capital
BioTech Special: trends, opportunities and the discipline of manager selection
In this BioTech special, with guest, Steve Sawyer, Investment Research Director at CapGen, Ian and Steve discuss: The current opportunities in BioTech What…
- Talking Capital
Oil prices, UK equities and the outlook for BioTech
In this episode, Ian and Robert discuss: Oil: what has been driving the oil price recently? UK equities: why have UK equities recently hit all-time highs and…
- Talking Capital
US consumption, 'Dr Copper' and the legacy of Jim Simons
In this episode, Ian and Robert discuss: US Consumer: what is the state of consumption in the US and how does wealth disparity impact the consumer segment?…
- Talking Capital
China, the outlook for the Yen, and the US jobs market
In this episode, Ian and Robert discuss: China: What is our prognosis on the equity rebound and how are we managing Chinese exposure within client portfolios?…
- Talking Capital
Earnings season, active vs passive and the outlook for bonds
In this episode, Ian and Robert discuss: Earnings season: what have we learnt from recent earnings announcements about investor positioning, and what are our…
- Talking Capital
Inflation rates, commodity markets and real estate opportunities
In this episode, Ian and Robert discuss: Inflation: what is our prognosis and how do we expect the Fed to react to the data? Commodities: what should we expect…
- Talking Capital
Markets wrap: Q1 themes, IPOs and the health of private markets
In this episode, Ian and Robert discuss: Markets: what were the major themes of the first quarter and what might this mean for the rest of 2024? IPOs: what…
- Talking Capital
Japanese interest rates, the gold rally and the current state of the European economy
In this episode, Ian and Robert discuss: Interest rates: what led to the interest rate hike by the Bank of Japan and what does this mean more broadly for…
- Talking Capital
Credit special: trends, opportunities and the discipline of manager selection
In this credit special, with guest, Kunal Chavda, Investment Research Director at CapGen, Ian and Kunal discuss: The current shape of the credit fund market…
- Talking Capital
GRANOLA, recessions and the outlook for public and private credit
In this episode, Ian and Robert discuss: GRANOLA: are Europe's largest stocks healthy for markets? Is concentration no longer just a US problem? Recession…
- Talking Capital
Big tech vs bank earnings, the end of 60/40 and the outlook for China
In this episode, Ian and Robert discuss: Earnings season: what have we seen so far and have there been any surprises? 60/40: is there still merit in 60/40 and…
- Talking Capital
Earnings season, finding uncorrelated assets and the outlook for hedge funds
In this episode, Ian and Robert discuss: Earnings season: what are we expecting and how will markets react? Interest rates: in a "one trade" world, which asset…
- Talking Capital
A market hangover, long term opportunism and a year of politics: what to expect from 2024
In this episode, Ian and Robert look ahead to 2024, discussing: Q1: what has caused the market turbulence at the start of this year, and what are the key data…
- Talking Capital
End of year special: 2023 wrapped and 2024 outlook
In this end of year special, Ian and Robert discuss: Macroeconomic and market dynamics: what were the trends and how did they affect asset prices? 2023…
- Talking Capital
Commercial real estate special: trends, opportunities and how to access them
In this commercial real estate special, with guest, Ross Davies, Head of Real Estate at CapGen, Ian and Ross discuss: Key trends across different sectors of…
- Talking Capital
Value traps vs opportunities: small caps, REITS and the question of currency management
In this episode, Ian and Robert discuss: The "magnificent seven": why is there such a stark diversion between these stocks and small cap equities? Currency…
- Talking Capital
A market bounce back? Equities, debt markets and the surprising resilience of (some) emerging markets
In this episode, Ian and Robert discuss: Latest economic data: what’s behind the market bounce? Debt markets: where are the risks and opportunities in public…
- Talking Capital
Geopolitical risk: War in the near east, chances of a global conflict, and the outlook for a multi-polar world
In this episode, Ian and Robert discuss: Israel/Hamas war: how have the markets responded? World wars: how have world wars affected markets historically and…
- Talking Capital
Bond market woes and the question of a hard landing; how to protect capital without using traditional defensives
In this episode, Ian and Robert discuss: Bonds: why are bonds selling off and what does this mean for other asset classes? Hard landing: what is the likelihood…
- Talking Capital
Peak rates, oil prices and the outlook for innovation in a higher rate world
In this episode, Ian and Robert discuss: Rates: the Bank of England and US Federal Reserve held rates steady this month, does this mean we have hit peak rates…
- Talking Capital
Market roundup: outlook vs consensus, China and the opportunities we're looking at today
In this episode, Ian and Robert discuss: Current outlook: what is the status quo for markets and do our views differ to that of consensus? China: why have…
- Talking Capital
Sterling strength, the small cap rally and a peak into the latest earnings season
In this episode, Ian and Robert discuss: Currencies: what's behind the big moves we've recently seen and what's the outlook for the dollar? Small caps: what's…
- Talking Capital
Recession, stimulus or slowdown? The outlooks for the US, China and commodities
In this episode, Ian and Robert discuss: Recession: what does the recent robust set of economic data mean for our base case of a recession? China: is more…
- Talking Capital
Forks in the road: how we're tackling divergence in economic health, policy and market fundamentals
In this episode, Ian and Robert discuss divergence and disparity in markets: Economic health: what are the strengths and weaknesses and are we still expecting…
- Talking Capital
Portfolio deep dive: risk, opportunity and the outlook for private equity
In this episode, Ian and Robert take a more comprehensive look at what we're doing with client capital in terms of: Risk: are we upping the ante or hunkering…
- Talking Capital
Battle of the titans: the US and China, large vs small cap and the outlook for Japan
In this episode, Ian and Robert discuss: The US debt ceiling: major threat or tail risk? Corporate earnings: how have markets responded? Emerging markets: how…