David Hunt
Showing 1–6 of 6 transcripts.
- Milken Institute57 min
The Future of Capitalism
Zanny Minton Beddoes, Rebecca Henderson, David Hunt, Ronald O'Hanley, Raghuram Rajan, Zadie Minton-Bedders
A panel of four prominent economists and business leaders critically reexamines the legacy of Milton Friedman's shareholder primacy model, diagnosing deepening market failures such as unpriced externalities, rising inequality, and eroded public trust. The group reached a consensus that pricing carbon and reforming antitrust regulations are essential prerequisites for sustainable growth, while debating the precise boundaries between corporate social provision and government responsibility. Ultimately, the discussion identified climate change, strengthening democracy, and rebuilding institutional resilience as the defining challenges for the future of capitalism.
- Milken Institute1h 0m
Restarting the Economic Engine
Erik Schatzker, Todd Boehly, Charles W. Scharf, Kerry Healey, David Hunt, Charlie Scharf
Experts David Hunt, Charlie Scharf, Kerry Healy, and Todd Boley forecast a two-year economic recovery marked by persistent unemployment and deep disparities, warning that minority-owned businesses face structural exclusion due to inadequate capital access. The panel emphasized shifting from broad government shutdowns to targeted behavioral compliance and digital infrastructure to balance public health with financial stability, while urging a second wave of fiscal aid for vulnerable sectors. Furthermore, participants called for private credit expansion, antitrust reform, and state-level experimentation to build system resilience, noting that current high-yield markets require specific interventions to prevent a prolonged downturn.
- Milken Institute1h 24m
LIVE: Part 1: A Conversation With Christine Lagarde | Part 2: The Investors' View
Christine Lagarde, Michael Klowden, Gerard Baker, Stephanie Flanders, Tom Finke, David Hunt, Scott Minerd, Ronald O'Hanley, Lara Warner
IMF Managing Director Christine Lagarde and a panel of investors convened to address global economic fragility characterized by synchronized growth slowdowns, persistent low inflation, and rising sovereign and corporate debt risks. Discussions highlighted divergent regional trajectories with the US showing resilience while Europe faces structural vulnerabilities, alongside critical concerns regarding China's Belt and Road sustainability and the potential for a US-China trade agreement. The event concluded with urgent calls for structural reforms in infrastructure, labor participation, and digital investment to combat inequality, warning that future crisis response capacity is limited by high debt levels and political polarization.
- Milken Institute59 min
Asset Management Outlook
Kate Kelly, Steven Goulart, Nobel Gulati, David Hunt, Ron Mock, Ronald O'Hanley
Industry leaders from Two Sigma, PGIM, MetLife, and State Street convened to analyze the projected growth of global assets to $145 trillion by 2025 and the resulting strategic bifurcation between passive and active management. Participants detailed critical shifts in portfolio construction, noting a massive migration toward private assets and direct ownership by pension funds like Ontario Teachers' to overcome compressed public yields and liquidity constraints. The discussion further highlighted the urgent need for technological adaptation and specialized talent acquisition to navigate complex ESG mandates, AI capabilities, and regulatory changes threatening the traditional asset management ecosystem.
- Milken Institute1h 12m
The Asset Management Outlook
Jason Kelly, David Druley, Nobel Gulati, David Hunt, Michelle McCloskey, Ron Mock
Leading institutional investors and asset managers, including representatives from PGM, Ontario Teachers, and Two Sigma, converge to declare traditional asset classifications obsolete as the industry pivots toward a scarcity-based model where only managers delivering true alpha command premium fees. The panel anticipates significant market consolidation over the next five years, driven by the dominance of technology in filtering noise, the rise of non-traditional talent in private markets, and capital flows shifting from liquid beta strategies to illiquid alternatives among a new generation of family offices. While geopolitical volatility is normalized, the primary long-term challenge remains the structural pressure to close the gap between projected global equity returns and historical pension targets, necessitating active management and strategic partnerships to achieve required risk-adjusted outcomes.
- Milken Institute1h 6m
The Age of Asset Management: Harbinger of Stability or Chaos?
Tracy Alloway, David Hunt, Jim McCaughan, Hilda Ochoa-Brillembourg, Ronald O'Hanley, Nouriel Roubini
Experts including Jim McCaughan, Hilda Ochoa-Brillemburg, and Nouriel Roubini analyze how post-crisis re-regulation has shifted global capital flows from bank-dominated systems to asset managers, creating a structural disconnect between macro liquidity and market execution. This transition has fostered a liquidity paradox where ETFs and algorithmic trading amplify volatility while the correlation between equities and bonds inverts, forcing active managers to seek alpha in illiquid sectors like emerging markets. Ultimately, the panel concludes that investors must adjust return expectations downward and that future systemic risks stem primarily from political balkanization, cyber threats, and the need for multilateral institutional reform to sustain global capital mobility.