Podcast appearances and mentions of harriet agnew

Billionaire financiers such as Ken Griffin pioneered what's known as the multi-manager model for hedge funds, where big spending begets big returns. In 2022, Griffin's Citadel became the best-performing hedge fund of all time. But now, cracks in the sector are beginning to form. The FT's Harriet Agnew and Ortenca Aliaj examine what a downturn could mean for investors and the broader financial sector. Plus, do you have a question about markets, finance or economics? Get in touch with Michela, and we may use it in an upcoming joint show with Unhedged. Email Michela at michela.tindera@ft.com, or message her on X at @mtindera07.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Are hedge fund pioneers facing the end of a golden era? Bobby Jain's hedge fund launch falls short of $8bn-$10bn targetHow Ken Griffin rebuilt Citadel's ramparts - - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Harriet Agnew (@HarrietAgnew), Ortenca Aliaj (@OrtencaAl) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This week we're revisiting an episode from earlier this year about the London Stock Exchange's decline. The exchange once held the top spot in global financial markets, but that's changed completely in recent years. The FT's Harriet Agnew and Katie Martin explain how a yacht floating off the Canary Islands 30 years ago played a critical role in changing the stock market.Clips from CBS, Thames News- - - - - - - - - - - - - - - - - - - - - - - - - -For further reading:Britain's ‘capitalism without capital': the pension funds that shun risk‘There are no domestic equity investors': why companies are fleeing London's stock marketWhy Europe's stock markets are failing to challenge the US- - - - - - - - - - - - - - - - - - - - - - - - - -On X, follow Harriet Agnew (@HarrietAgnew), Katie Martin (@katie_martin_fx) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The London Stock Exchange once held the top spot in global financial markets. In recent years, that's changed drastically. The FT's Harriet Agnew and Katie Martin explain how a yacht floating off the Canary Islands 30 years ago played a critical role in changing the stock market. Clips from CBS, Thames News - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Britain's ‘capitalism without capital': the pension funds that shun risk ‘There are no domestic equity investors': why companies are fleeing London's stock marketWhy Europe's stock markets are failing to challenge the US- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Harriet Agnew (@HarrietAgnew), Katie Martin (@katie_martin_fx) and Michela Tindera (@mtindera07)Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Walt Disney sued Florida governor Ron DeSantis over the state's ‘retaliation' for the company's stance on ‘Don't Say Gay' law, UK regulators have blocked Microsoft's $75bn acquisition of Activision Blizzard, and the FT's Harriet Agnew explains why conservative UK pension funds are leading start-ups to look for capital in different countries. Mentioned in this podcast:US growth set to have cooled in first quarter as Fed pushed rates higherWalt Disney sues Ron DeSantis over ‘retaliation' for ‘Don't Say Gay' stanceActivision blasts UK as ‘closed for business' after regulator blocks $75bn Microsoft dealBritain's ‘capitalism without capital': the pension funds that shun riskThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show's editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Our guest this week is Sarah Ketterer. She is CEO and fundamental portfolio manager at Causeway Capital Management, the firm she co-founded in 2001. In her role, she is responsible for overseeing investment research across all sectors and is a member of the firm's operating committee. As a part of her duties, Ketterer manages Causeway's flagship international value strategy, including the Causeway International Value fund, which she has run since its 2001 inception. Prior to founding Causeway, she was a senior leader and portfolio manager at Hotchkis & Wiley. She earned her bachelor's degree in economics and political science from Stanford University and an MBA from the Tuck School, Dartmouth College.Background BioCausewayGirls Who Invest100 Women in FinanceWomen in Institutional Investments NetworkCauseway International Value Fund Investment Team Named Morningstar's 2017 International-Stock Fund Manager of the YearInvestment Approach“A Topnotch Foreign Large-Value Vehicle for the Long Haul,” by William Samuel Rocco, Morningstar.com, Nov. 8, 2021.“Growth and Value Equity Opportunities: Morningstar Investment Conference,” by Charles Paikert, familywealthreport.com, May 23, 2022.“Combining our Time-Tested Abilities in Developed and Emerging International Markets,” causewaycap.com.“Investors Should Be Ready to Buy When We Are Clearly in a Recession,” by Cristoph Gisiger, causewaycap.com, Dec. 6, 2022.“Where to Invest $10,000 Right Now,” by Suzanne Woolley, Bloomberg.com, May 18, 2022.The StarMine Analyst Revisions Model (ARM) Value Investing and Turnarounds“'We Started Jumping Out of Our Shoes': Auto Share Drop Revs Up Value Shop,” by Vicky Ge Huang, citywireusa.com, April 2, 2018.“Buy ‘Dull' Cash-Flowing Stocks, Causeway's Ketterer Says,” by John Gittelsohn, financialpost.com, June 5, 2022.“Top Global Value Manager Sarah Ketterer Identifies Some ‘Outstanding' Bear Market Opportunities,” Wealthtrack podcast, wealthtrack.com, July 8, 2022.“Why This Top Manager Thinks Markets Are Less Risky Now,” by Katie Rushkewicz Reichart, Morningstar.com, May 17, 2022.“Where a Value Manager and a Growth Manager See Opportunities, Risks Now,” by Dinah Wisenberg Brin, thinkadvisor.com, May 23, 2022.“Activist Investors Descend on ‘Bargain Basement' UK Companies,” by Harriet Agnew and Arash Massoudi, ft.com, Feb. 1, 2022.Portfolio Positioning “Sarah Ketterer's 5 Favorite Energy Stocks,” by Sydnee Gatewood, gurufocus.com, June 20, 2022.“Sarah Ketterer's 5 Favorite Tech Stocks,” by Sydnee Gatewood, gurufocus.com, June 15, 2021.

How big index fund and ETF providers have increased their sway over publicly-traded companies while potentially discouraging competition. What can be done about it?Topics covered include:How market share for assets under management has become increasingly concentrated with big fund complexes like Vanguard and BlackRockWhat is a fiduciary relationship and how do asset managers serve as fiduciariesWhy do investors in index funds and ETFs have no input as to how fund sponsors vote on shareholder proposalsWhat percentage of outstanding shares do Vanguard and BlackRock own of publicly traded companies like Apple, Target, or gun manufacturersHow Vanguard and BlackRock use engagement and voting policies to influence publicly traded companies, particularly when it comes to climate risk and diversityHow ownership by Vanguard and BlackRock in publicly-traded companies in the same industry could discourage competition.What can be done through regulation or through individual action to reduce Vanguard and BlackRock's influenceSponsorsPolicygenius - save over 50% on life insuranceWealthfront - get your first $5,000 managed for free for lifeShow NotesWhat BlackRock, Vanguard and State Street Are Doing to the Economy by Farhad Manjoo—The New York TimesInvestment Company Fact BookWorld's Top Asset Management Firms—ADV RatingWest Virginia Treasury Drops BlackRock Over Stance on Climate Risk by Alicia McElhaney—Institutional InvestorHow an Organized Republican Effort Punishes Companies for Climate Action by David Gelles and Hiroko Tabuchi—The New York TimesThe Future of Corporate Governance Part I: The Problem of Twelve by John C. Coates, IVLarry Fink's 2022 Letter to CEOs: The Power of CapitalismBlackRock's gun money by Dan Primack—AxiosInvestment Stewardship 2021 Annual Report—VanguardProxy Voting Policy for U.S. Portfolio CompaniesAnticompetitive Effects of Common Ownership by José Azar, Martin C. Schmalz, and Isabel TecuCommon Ownership and Industry Profitability: A Crossindustry View by Haifeng Wang, Jan-Carl Plagge, James Rowley, Roger A Aliaga-DiazHow ESG investing came to a reckoning by Harriet Agnew, Adrienne Klasa and Simon Mundy—Financial TimesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Germany's largest publishers and advertisers are demanding that the EU intervene over the Google's plan to stop the use of third-party cookies, Sony has plans to enter the electric vehicle market. Plus, the FT's asset management correspondent, Harriet Agnew, discusses the discord at the global consumer goods conglomerate Unilever. Mentioned in this podcast:German publishers oppose Google plan to phase out third-party cookiesActivist hedge fund Trian builds stake in UnileverSony launches electric vehicle unit to ‘explore entering' market The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show's theme song is by Metaphor Music. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9db04e62-720a-47b6-89a8-3fc0f383b489The US Federal Reserve is expected to announce a swift scaling back of its enormous stimulus programme and boost its expectations for interest rate increases next year, and the UK's Advertising Standards Authority has taken the crypto industry to task for “widespread” problems with misleading and irresponsible ads. Plus, Ark Invest's CEO, Cathie Wood, is known as the queen of the bull market. But the FT's asset management editor, Harriet Agnew, explains that Wood's concentrated bets on disruptive companies have left the pioneering ETF manager vulnerable. Fed poised to announce acceleration of stimulus taper - with Colby Smith https://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05UK advertising regulator issues rebukes to crypto industryhttps://www.ft.com/content/b48040e5-d510-4ac8-9e6c-6af568e587adCathie Wood's Ark: a tech-driven bull market on steroids - with Harriet Agnew https://www.ft.com/content/67289726-85d3-47e2-9f1c-942f5f95d37dRentokil to buy US extermination specialist Terminix in $6.7bn dealhttps://www.ft.com/content/9182feea-3dd5-406b-8b70-d3e1e7090227The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show's editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show's theme song is by Metaphor Music. The FT's global head of audio is Cheryl Brumley. See acast.com/privacy for privacy and opt-out information.

The French luxury goods group LMVH has made a surprise $14.5bn offer for Tiffany’s, the New York jeweller immortalised in the 1961 film Breakfast at Tiffany’s. Harriet Agnew and Vanessa Holder talk to Katie Martin about whether the takeover bid will succeed and the merits for both sides in the current geopolitical climate.Contributors: Katie Martin, capital markets editor, Harriet Agnew, Paris correspondent and Vanessa Houlder, Lex writer. Producers: Persis Love and Fiona Symon See acast.com/privacy for privacy and opt-out information.

Amid concerns about a slowdown in global economic growth, there is one industry telling a completely different story: luxury goods. Aimee goes to Paris to find out why. With guests Harriet Agnew, Paris correspondent for the Financial Times, and Robert Burke, chairman and chief executive of the consultancy Robert Burke Associates. See acast.com/privacy for privacy and opt-out information.

Sotheby’s has gone under the hammer for $3.7bn ending 31 years of public ownership, with the venerable auction house sold to Patrick Drahi, billionaire founder of the European telecoms group Altice. Arash Massoudi discusses the sale and what it means for the art market with Harriet Agnew and Melanie Gerlis.Contributors: Suzanne Blumsom, executive editor, Arash Massoudi, corporate finance and deals editor, Harriet Agnew, FT Paris correspondent, and Melanie Gerlis, FT art market columnist. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.

We take the temperature of France’s luxury sector with writer Dana Thomas, ‘Financial Times’ Paris correspondent Harriet Agnew and UBS equity strategist Claudia Panseri. Plus: why a toy giraffe is the must-have French object for one Monocle producer.

A French plan to levy an extra tax on big tech companies has sparked criticism from entrepreneurs and investors, who warn the move damages President Macron’s attempt to transform the country into a start-up nation. Josh Noble spoke to Harriet Agnew in Paris about the controversy.Contributors: Suzanne Blumsom, executive editor, Josh Noble, weekend news editor and Harriet Agnew, Paris correspondent. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.

An online protest against a proposed fuel tax rise has morphed into a wide-ranging, mass protest against stagnating wages, a decrease in purchasing power and the French president himself. Gideon Rachman discusses why Emmanuel Macron's reforms have met such resistance and how badly the weekend riots have damaged him with Harriet Agnew and Ben Hall See acast.com/privacy for privacy and opt-out information.

Political uncertainty over Brexit and the threat of global trade wars has overshadowed a remarkable corporate success story in Europe. Martin Arnold discusses how companies on the Continent have bounced back since the financial crisis with Sarah Gordon, FT business editor and regional correspondents Harriet Agnew, Olaf Storbeck and Michael StothardRead more on Europe's corporate comeback hereContributors: Susanne Blumsen, executive editor, Martin Arnold, deputy companies editor, Sarah Gordon, business editor, Olaf Storbeck, Frankfurt correspondent, Harriet Agnew, Paris correspondent and Michael Stothard, Madrid correspondent. Producer: Fiona Symon See acast.com/privacy for privacy and opt-out information.

Emmanuel Macron, France's reforming president, has seen his popularity plunge as former political allies jump ship. Josh Noble talks to FT Paris correspondent Harriet Agnew about what has gone wrong for Mr Macron and what impact his reforms are having on the wider society.Read more on this topic here and here See acast.com/privacy for privacy and opt-out information.

Two of Europe’s biggest supermarkets, Carrefour in France and Tesco in the UK have agreed to team up to purchase supplies, hoping their combined purchasing power will enable them to win better deals from suppliers and beat off competitors. Vanessa Houlder discusses the pressures the supermarkets are facing in their search for profitability with the FT’s Harriet Agnew and Jonathan EleyRead more on the Tesco-Carrefour deal here See acast.com/privacy for privacy and opt-out information.

French billionaire Vincent Bolloré has been placed under formal investigation over corruption allegations relating to the activities of his family holding company Bolloré Group in Africa. Elaine Moore asks the FT’s Harriet Agnew and Alan Livsey how this will affect his long-running battle to create a European media powerhouse to rival Netflix See acast.com/privacy for privacy and opt-out information.

The dispute between Europe's media barons Silvio Berlusconi and Vincent Bolloré sees their groups Mediaset and Vivendi battle it out in court next week just days before Italy's crucial election. Rachel Sanderson and Harriet Agnew trace the story of how their business relations soured. See acast.com/privacy for privacy and opt-out information.

The coming of age of the French startup scene has coincided with the rise of one of its biggest proponents: Emmanuel Macron, who was elected president in May. Zosia Wasik and Harriet Agnew report from Station F, a giant startup campus in Paris that is luring companies and investors from around the world. See acast.com/privacy for privacy and opt-out information.

Sunday's first round of voting in France's legislative elections are a crucial test of the level of support behind the new president Emmanuel Macron. Harriet Agnew discusses the polls with Anne-Sylvaine Chassany and Michael Stothard See acast.com/privacy for privacy and opt-out information.

France's newly elected president has co-opted politicians from the left and the right to try to win enough support to push through his ambitious reforms. Harriet Agnew discusses the battles ahead with Anne-Sylvaine Chassany, the FT's Paris bureau chief, and Michael Stothard, Paris correspondent See acast.com/privacy for privacy and opt-out information.

France's presidential rivals took part in a bitter final debate this week that was richer in insults than policy discussions. FT Paris correspondents Harriet Agnew and Michael Stothard discuss the final days of the campaign ahead of Sunday's poll. See acast.com/privacy for privacy and opt-out information.

As France prepares for Sunday's first round of voting in its presidential election, any two of the four leading candidates could still reach the run-off, and an apparent attack in Paris on Thursday has brought terrorism back to the top of the agenda in a campaign already shaped by questions of security and identity. Harriet Agnew talks to the FT's Anne-Sylvaine Chassany and Michael Stothard about a remarkable campaign that has upended French politics and will have wide ramifications for France and beyond. See acast.com/privacy for privacy and opt-out information.

French billionaire Vincent Bolloré’s move to acquire Italy's Mediaset, owned by the family of former Italian prime minister Silvio Berlusconi, sets up a battle between the two media tycoons for the future of Italy’s biggest commercial broadcaster. Daniel Thomas discusses the latest twists in the story with Harriet Agnew, FT Paris correspondent. See acast.com/privacy for privacy and opt-out information.

Far-left candidate Jean-Luc Melenchon is challenging one-time front runner Francois Fillon for third place in France's presidential race and, with only two weeks to go, a third of voters are still undecided. Harriet Agnew discusses the latest twists in the French election campaign with the FT's Ann-Sylvaine Chassany and Michael Stothard. See acast.com/privacy for privacy and opt-out information.

Fewer than four weeks before the first round of voting in France's presidential election, former prime minister Manuel Valls has provoked outrage in the Socialist party by supporting centrist independent Emmanuel Macron rather than his own party's candidate, Benoît Hamon. But could an establishment endorsement join Mr Macron's investment banking past as a vulnerability against attacks from Marine Le Pen? Michael Stothard joins Harriet Agnew to discuss. See acast.com/privacy for privacy and opt-out information.

Emmanuel Macron, the centrist front runner in France's presidential race, fought off repeated personal attacks from political veterans during a three hour televised debate on Monday. Harriet Agnew asks Michael Stothard, FT Paris correspondent, who came out ahead. See acast.com/privacy for privacy and opt-out information.

The scandal that has engulfed Francois Fillon, France's centre right presidential candidate, has left supporters confused and angry. Harriet Agnew talks to the FT's Anne-Sylvaine Chassany and Michael Stothard, about the latest developments and how they will affect the vote in April. See acast.com/privacy for privacy and opt-out information.

After a turbulent week, support for François Fillon, France's Republican Party presidential candidate, is draining away. Harriet Agnew asks Michael Stothard, FT Paris correspondent, whether he can stage a recovery in time for the first round of the elections in April. See acast.com/privacy for privacy and opt-out information.

Three decades ago the management consultancy set up a private hedge fund for its partners and alumni in a bid to keep staff tempted by the financial rewards of banking and private equity. But some experts warn of possible conflicts of interest, say Harriet Agnew and Miles Johnson See acast.com/privacy for privacy and opt-out information.

The professional services sector is at a tipping point as tougher regulation forces firms to bid for business and invest big sums in technology, says Harriet Agnew​ See acast.com/privacy for privacy and opt-out information.

Patrick Jenkins is joined by Martin Arnold, Caroline Binham, Harriet Agnew, Laura Noonan and William Wright, founder and managing director of think tank New Financial, to discuss HSBC and the damage caused by the latest Swiss private banking scandal, asset manager pay, and the planned takeover of Portugal's BPI by Spain's Caixabank See acast.com/privacy for privacy and opt-out information.

Patrick Jenkins is joined by Martin Arnold, Oliver Ralph and Harriet Agnew to discuss the Davos agenda, US banks and legal charges, and why the City of London is so bad at hiring top women. See acast.com/privacy for privacy and opt-out information.

Patrick Jenkins is joined by Sam Fleming, Emma Dunkley and Harriet Agnew, as well as Clifford Chance's Simon Gleeson to discuss bankers pay, the latest on the foreign exchange trading scandal and KPMG's innovative deal to subsidise mortgages for its staff See acast.com/privacy for privacy and opt-out information.

Martin Arnold is joined by Sharlene Goff for news that Lloyds has been fined £226m for its part in the Libor manipulation scandal. Included in this was £8m for attempts to reduce the amount it paid back to British taxpayers following its government bailout. Daniel Schäfer reports on Deutsche Bank, which has received a letter from the US Federal Reserve that was highly critical of the quality and reliability of its reporting. And finally, Harriet Agnew joins Daniel and Martin to discuss the continued rise of boutiques, as former UBS chair Luqman Arnold joins former Glencore chair Simon Murray and three other senior partners so establish a new advisory business. See acast.com/privacy for privacy and opt-out information.