Kate Kelly
Showing 1–2 of 2 transcripts.
- 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 Institute54 min
The Global M&A Outlook
Kate Kelly, John Huwiler, Leon Kalvaria, Steve Krouskos, Virginie Morgon, Greg Weinberger
With 56% of C-suite executives planning acquisitions within the next year, the current M&A landscape is defined by robust activity in transactions under $5 billion and the energy sector despite hesitation over mega-deals due to U.S. and European regulatory uncertainty. Strategic buyers are prioritizing top-line growth and innovation through acquisitions of niche technology firms, while private equity activity has shifted toward co-investing models as club deals above $5 billion have vanished. Although geopolitical tensions and tax reform ambiguities continue to complicate cross-border valuations, pent-up demand and a stabilizing regulatory environment are expected to drive record volumes in the coming years.