Betsy Gorton
Showing 1–2 of 2 transcripts.
- Goldman Sachs26 min
Large-cap investing with Jennison Associates’ Kathleen McCarragher
Kathleen McCarragher, Betsy Gorton
Kathleen McCarriger, the Head of Growth Equity at Jenison Associates, discusses the firm's fundamental research approach and its substantial success in identifying structural growth opportunities, exemplified by a transformative 2016 Nvidia investment. Leveraging a team with an average of 25 years of industry experience, McCarriger distinguishes current AI spending from historical bubbles while emphasizing a 3-to-10-year client horizon that prioritizes active management outperformance. She further attributes the firm's enduring culture to the legacy of late founder Sig Sigalis and a strict discipline in adhering to known fundamentals rather than speculative trends.
- Goldman Sachs43 min
Capital Group’s Rob Lovelace on long-term investing, succession planning, and leadership lessons
Capital Group leverages its unique multi-manager "Capital System" to manage $2.5 trillion in assets by utilizing five to six distinct portfolio managers per fund, a structure designed to smooth volatility and ensure continuity without relying on star manager branding. This private-ownership model, supported by custom proprietary software and an eight-year bonus cycle, enables the firm to withstand market cycles while advising on macro trends such as avoiding direct Chinese equity exposure in favor of multinationals and capitalizing on Japan's recovery from deflation. By prioritizing long-term style consistency over short-term client demands for single-point accountability, the firm maintains active equity leadership in public markets while cautiously exploring partnerships in alternative assets.