Lisa Gray
Showing 1–2 of 2 transcripts.
- Milken Institute58 min
Institutional Investors: Thriving Amid Change
Lisa Gray, Raphael Arndt, Russell Read, Dilhan Pillay Sandrasegara, Tokihiko Shimizu
Representatives from Temasek, the Future Fund, the Alaska Permanent Fund, and Japan Post Investment convene to reassess global asset allocation amidst rising leverage risks, demographic shifts, and the headwinds of populism. Major sovereign investors are pivoting from traditional growth equities toward defensive alternatives and emerging market opportunities in Africa and South Asia to capitalize on a projected $1 trillion consumer class. While acknowledging challenges from nationalism and liquidity tightening, these leaders emphasize that superior execution in private markets and strategic flexibility will be critical for generating long-term sustainable returns over the next half-century.
- Milken Institute56 min
Global Institutional Investors: Assessing U.S. Opportunities
Stefan Dunatov, Sophia Cheng, Lisa Gray, Juan Manuel Valle Pereña, Xiaoliang Zhao, Lisa Graham
Representatives from sovereign wealth funds and major pension administrators in China, Taiwan, Mexico, and Australia convened to discuss the strategic allocation of over $500 billion in assets toward the U.S. market despite fully priced valuations. The panelists outlined a shift toward private credit and a barbell approach mixing passive liquidity with illiquid alternatives, while employing complex hedging strategies to mitigate currency risks associated with non-dollar liabilities. Although consensus anticipates a low-return environment over the next two to five years, the group maintains the U.S. as a preferred destination due to its robust growth fundamentals, innovation ecosystem, and critical role in global diversification.