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Every Monday we head across the Tasman to discuss the big stories with our correspondent Brad Foster. [picture id="4JOZLU7_AFP__20180831__18Q8D1__v1__HighRes__RacingAus_jpg" crop="16x10" layout="full"]
We catch up with Brad Foster, our friend across the Tasman, to find out what's hitting the headlines in Australia.
Brad Foster joins Jesse to talk about the stories hitting the headlines in Australia. Today he'll cover Australia's most decorated soldier Ben Roberts-Smith, Victoria's new Minister for Boys and Men and some sport.
We take ten minutes to catch up on what's hitting the headlines in Australia. Our man on the ground, Brad Foster joins Jesse.
Welcome back to the Alt Goes Mainstream podcast.Today's episode takes us to a hub of market structure, a powerhouse of trading, and a crossroads of public and private markets to discuss how private markets are in the midst of a market structure evolution.We sat down at Bloomberg's NYC headquarters with Bloomberg's Head of Fixed Income & Private Markets Brad Foster to discuss how technology and data are driving a convergence between public and private markets, particularly as it relates to the credit space.Brad is the Head of Fixed Income & Private Markets at Bloomberg, where he's focused on delivering the data, analytics, and tools clients need to power public and private market investment strategies and workflows. Brad joined Bloomberg in June 2017 to lead its Enterprise Data Content business as well as its Fixed Income Evaluated Pricing (BVAL) offering. He was appointed Head of Fixed Income, including Securitized Products, in early 2023 and Head of Fixed Income & Private Markets in early 2024. Prior to joining Bloomberg, Brad spent almost 20 years on the sell-side in multiple locations, including London, Tokyo, and New York, for Deutsche Bank as a Managing Director in Global Markets across Global Finance, Fixed Income & Currencies, Structured Finance, Special Situations, Structured Lending and Front Office Risk Management, including CVA and Counterparty Risk, where he managed a team that built a Cross-Product Risk and Portfolio Margining Platform. Prior to Deutsche Bank, he was at Credit Suisse in the Market Risk Management Group.Brad and I had a fascinating conversation about public and private credit and how data and technology are shaping these markets. We covered:How Bloomberg's history shaping other market structures are informing how private markets market structure is evolving.How public and private credit are converging.Definitions and perspectives on liquidity vs illiquidity, what's risky and what's not risky.What private markets needs from a market infrastructure perspective to scale.Why borrowers are choosing private credit and the investment grade private credit option.How Bloomberg is approaching private credit and private markets market structure.Bloomberg's build vs. buy vs. partner strategy with private markets tech.Thanks Brad for sharing your wisdom, expertise, and passion at the intersection of credit, market structure, and financial technology.Show Notes00:00 Scaling Private Markets01:12 Welcome to the Alt Goes Mainstream Podcast02:13 Brad Foster's Background04:31 From Trading to Bloomberg05:27 Client Empathy Product Mindset06:25 Fixed Income as Blueprint07:11 Bloomberg Shaping Market Structure08:19 Electronification Turning Points09:10 Efficiency and Regulation Drivers09:45 Blurring Public and Private Credit10:34 Three Legs of Credit11:43 Why Borrowers Go Private13:09 Missing Data and Workflow13:57 Security Master Foundations16:12 Transparency and Retail Pressure22:07 Private Deal Data Uploads22:29 Same Analytics for Private22:50 Sold Not Bought Debate23:43 When Private Gets Liquid24:38 Desktop Real Estate Idea26:21 Reimagining Terminal with AI27:21 Chat as Market Connector28:19 Build Buy Partner Strategy28:51 Bloomberg Private Track Record30:09 Daphne Investment Rationale30:58 Fixing GP LP Workflow32:01 Most Valuable Data Masters33:45 Taxonomy as Missing Piece34:49 Standardizing Valuation Methods35:29 Extending Evaluated Pricing37:27 Liquidity Versus Illiquidity40:18 Portfolio Risk for Asset Owners44:16 Foundations to Scale PrivatesEditing and post-production work for this episode was provided by The Podcast Consultant.
We catch up with Brad Foster, our man on the ground in Australia. He tells us about the news hitting the headlines across the Tasman.
We get the latest from our man in Australia, Brad Foster, on what's hitting the headlines there.
Brad Foster joins us from Sydney to give us the latest update on what's hitting the headlines across the Tasman.
We find out what's hitting the headlines in Australia with our man on the ground there, Brad Foster. This week we're discussing: The Federal Government considering a request for military assistance from the Gulf States that have been attacked. Concerns for the safety of the Iranian women's soccer team that has been playing in the Women's Asia Cup and are due to return home. And in brief: the F1, flooding in the NT, and a wrap of weekend footy. There is something for everyone!
Our chance to check in with Brad Foster, our man on the ground in Australia, about what's hitting headlines over there.
Brad Foster joins Jesse to discuss the latest developments across the Tasman. Today, he's talking about the return of the so-called ISIS brides, who are seeking to come back to Australia from Syria.
Brad Foster joins Jesse to talk about what's going on across the Tasman. Today he's looking at the news that State of Origin is coming to Auckland plus other stories of interest.
The Israeli President has just arrived in Sydney for an official state visit in the wake of last year's Bondi terror attack. Police have been given special powers ahead of the protests against Isaac Herzog's visit. Brad Foster joins Jesse to discuss this and other notable stories from across the Tasman.
We get the latest on news from Australia with our man on the ground Brad Foster.
It's an anniversary day for many in the North Island, but today also marks Australia Day so to find out what's happening in OZ to mark it, we're joined by our man on the ground Brad Foster. Brad shares this year's Australian of the Year, update on the recent spate of shark attacks and some sport!
As vigils for victims are held and more information about the alleged gunmen of the Bondi Beach attacks is revealed, Sydney residents are still reeling from the event. Brad Foster joins Jesse to offer a local perspective.
Australian officials are describing the deadly attack at Sydney's Bondi Beach as a targeted, antisemitic terror attack. Police say the two people behind the shooting were father and son. The father has died, the son is in critical condition in hospital. Vigils are being held around the world to pay tribute to the victims, who range in age from 10 to 87. Friend of the show Brad Foster lives in Sydney, he chats to Jesse about how locals are reacting.
Let's find out what's happening in Australia, our man on the ground there is Brad Foster and he joins Jesse. Today he'll talk about the bushfires, why Communications Minister and Minister for Sport Anika Wells is getting some heat, plus new shark detecting technology.
Let's chat about what's happening in Australia and here to share the news from across the Tasman is Brad Foster. Today Brad looks at the move to extend the lifespan of the largest coal fired power station; the new survey showing how teenagers feel about social media ban and the latest sports news.
Brad Foster joins Jesse to talk about the latest news from Australia. Today he is talking about Meta reacting to the social media ban for under 16-year-olds; Pauline Hansen's latest stunt in Parliament and a teenager who has been charged with murdering another teen.
Jesse catches up with Brad Foster about the news across the Tasman. Today he'll chat about The Liberal Party's decision to abandon net zero by 2050 climate target; where Australia is at with the play sand recall and the latest in sport.
Let's find out what's happening in Australia now Brad Foster is with us now to tell us what everyone is talking about across the Tasman. Today's topics - How a Neo-Nazi rally in Sydney on Saturday got permission to be held and why tobacco sales are soaring on the Australian black market.
It's Melbourne Cup day! We talk to Brad about the issues that have got Australians talking. Today we're looking at a new public register of child sex abusers, head knocks in the NRL, abandoning Australia's emissions reduction target of net zero and of course Melbourne Cup.
Today Brad talks to Jesse about police recruitment, cracking down on Australian telcos after those network outages, and sport.
Time to find out what's hitting the headlines in Australia, our usual guy Brad Foster is on a well-deserved holiday, so we're pleased to have TVNZ's One News' Australia correspondent Jacob Johnson joining us. Jacob is going to chat about a superannuation tax change, YouTube's appearance before a Senate Committee, Victoria's crime problem and that Bathurst win.
Time now to find out what's got people talking across the Tasman, our man on the ground in Australia Brad Foster chats to Jesse about the Sydney shooting spree; Australia and Papua New Guinea signing a new alliance and the appeal over Erin Patterson's sentence.
Time to talk all things Australia now and our man across the Tasman Brad Foster joins Jesse with the latest from there, starting with an incident in Melbourne yesterday, another triple zero emergency problem, but also touching on that rugby game.
Time to check what's happening in Australia with our correspondent Brad Foster.
Time to check what's happening in Australia and today Brad Foster focuses on a new report from the Australian Climate Service, the banks coming under fire and a John Farnham Musical!
Huge news out of Australia today that a resolution has been reached by the Murdoch family, after a long running legal battle for control of Rupert Murdoch's companies, News Cory and Fox Corporation. Here to share more details is our friend from across the Tasman, Brad Foster.
A week on from the shooting of two police officers in Australia's northeast town of Porepunkah, it appears investigators are changing their approach to finding the man believed to be responsible. Brad Foster fills Jesse in on the latest with that case, plus reflects on the Neo-Nazi marches, and discusses Australia's newest regional airline.
Convicted triple murderer Erin Patterson is back in front of the court, and the cameras, for her sentencing trial, which is also a chance for victims to read their impact statements. Friend of the show Brad Foster is keeping an eye on developments for us. He chats to Jesse about this and other issues hitting headlines across the Tasman.
A chance to find out what's got people talking across the Tasman, from the Wallabies triumph on the rugby field to 1800 Qantas staff's big win in court.
This week Brad will touch on Australia recognising Palestine as a state; the hunt for a huge meteor spotted in Victoria and other news that's got Australians talking.
Adding to the trans-Tasman rivalry, two New Zealanders won at Australia's TV Awards, the Logies. Sam Neill and Guy Montgomery were winners on the night.
Australian radio station Triple J has compiled a list of 100 Hottest Aussie Songs as voted by the public. Crowded House's 'Don't Dream It's Over' came in at number 5. When will Australians understand Crowded House is a New Zealand band?
It's the kind of story you can imagine becoming a Hollywood feature film, a German backpacker found alive and well after two weeks lost in the Western Australian outback. Brad Foster shares the latest on the story with Jesse.
The Mushroom Murder trial is the crime story everyone is talking about, to find out what the latest is from Australia, Brad Foster chats to Jesse.
Brad Foster talks us through how Australia has reacted to the crisis between Iran, Israel and the USA. An upcoming rugby tour of the British and Irish Lions and the news that ACDC will hit stages in Australia, for the first time in ten years.
Our Australian correspondent brings us the latest news from across the ditch.
Brad Foster is our man on the ground in Australia.
Our Australian correspondent Brad Foster gave us an update on the Death cap mushroom murder trial & discussed the new research on the growth of bowel cancer in younger people in Australia.
Our Australian correspondent Brad Foster gave us an update on the NSW floods, Olympic Breakdancer Raygun's musical.
Brad Foster joins Jesse to discuss NSW Police's blitz on domestic violence offenders and the ultramarathon runner who completed a 35-day record-breaking run from Perth to Sydney. Plus, he provides an update on flooding on the NSW mid north coast.
Brad has the latest from the Lucky Country: a new report into the urgent need for more social housing in Victoria; some of the early findings in the inquest into the Bondi shopping center stabbings a year ago and the continuing mushroom poisoning trial.
Brad Foster is joining us early this week after a hectic weekend in Australia where Labor won what's being called a landslide victory over opposition leader Peter Dutton. Brad has all the reactions and hot takes.
Brad discusses the incoming Aussie election, the huge court case of Erin Patterson (the accused mushroom poisoner) and the happy ending for a sausage dog stuck on an island for 529 days.
Brad updates us on Australia's reaction to the death of the Pope. He also describes something of a horror weekend with seven people reported as drowned; an appeal in the case of a former police officer who was found guilty of the manslaughter of a 95-year-old woman and he keeps an eye on the impending election.
Our Australian correspondent describes the latest news around a number of gunshot fatalities in New South Wales, including an accidental shooting of a nine year-old boy.
Brad Foster phones in form Australia to discuss how that country is dealing with Trump's tariff crackdown and a cybersecurity issue with Australian superannuation funds.