Chris Senyek, Chief Investment Strategist at Wolfe Research goes into why he thinks the cyclical nature of the market has changed in the years since the 2008 financial crisis. As central banks grapple with sticky inflation and high debt to GDP ratios, we discuss the delicate balancing act between yields and interest rates and how they differ globally. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Chris Senyek, Chief Investment Strategist at Wolfe Research https://bit.ly/3scDZml EFGAM: h...
Jun 17, 2025•39 min
Friend of the podcast Dan Clifton returns to Beyond the Benchmark to help make sense of the ongoing Trump tariff saga and his ‘big beautiful bill’. Trump’s economic trials and tribulations are also set against the backdrop of a radical shift in the way the US conducts foreign affairs, as signalled on his recent trip to Qatar in a speech which has been surprisingly overlooked by most. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guests: Dan Clifton, Head of Policy Research at Strategas http://...
Jun 04, 2025•41 min
José Pedro Almeida, Executive in Residence at INSEAD, explains how he helps governments, investors and businesses lead AI and digital transformations, with a particular focus on healthcare. From how to get CEO buy-in to the dos (and don’ts) of measuring success, Jose explains the human role in a GenAI enabled business. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guests: José Pedro Almeida https://bit.ly/43hdhdf EFGAM: https://www.newcapital.com/ Important disclaimers The value of investments...
May 16, 2025•39 min
What role do global platforms such as Meta have in managing misinformation? What is the difference between misinformation and fake news, and what impact does it have on society? What lessons has Meta learnt from the challenging geopolitical environment of the past few years? Moz talks to Tom Bonsundy O’Bryan, Head of misinformation policy for EMEA at Meta to gain a fascinating insight into the world of combating misinformation at the world’s largest social media company. Our host, Moz Afzal: htt...
Apr 28, 2025•38 min
The Trump administration has an infamously dim view on sustainability, but what does this really mean for the landscape of sustainable investing? Melanie Beyeler, Senior Portfolio Manager at New Capital, talks to Moz about why it’s not necessarily all bad news for the segment, and what sustainable investing opportunities may arise out of the new global dynamic. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guests: Melanie Beyeler https://bit.ly/4cuNGBK EFGAM: https://www.newcapital.com/ Import...
Apr 10, 2025•32 min
In this special episode of Beyond the Benchmark, the tables are turned as EFG’s Global Chief Investment Officer, Moz Afzal, steps into the hot seat. Fresh off being named CIO of the Year at the 2025 WealthBriefing European Awards, Moz shares insights into his journey from junior analyst to managing $25 billion in assets. He discusses the key challenges he’s faced, the importance of leadership and integrity in asset management, and why embracing uncertainty is crucial for investment success. Our ...
Mar 31, 2025•30 min
Is it really the case that the first to invent a technology is the one who benefits from it in the long term? Is it a myth that we can accurately predict the outcomes of new innovation? In this final episode of the 3 part Laws of Technology series, Nathan Furr dispels two oft-held but statistically untrue myths about human innovation. This episode was recorded on 12th September 2024. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest, Nathan Furr, Professor of Strategy at INSEAD https://bit.l...
Feb 26, 2025•32 min
Chinese generative AI contender, DeepSeek, caused huge waves in markets across the globe at the end of January. Investors and analysts were caught flat footed after the Chinese company, operating on inferior hardware, revealed a generative AI comparable to leading Western models while claiming that development costs had been a fraction of their American counterparts. This week with the help of Jonathan Rawicz and Henry Walters we delve into the technical details behind why this development was s...
Feb 11, 2025•42 min
Will Trump successfully cut a deal with Russia on the Ukraine conflict? Will we see the emergence of a new great power paradigm? Where does an aggressive 'America First' policy leave the rest of the world? The next decade is beset by geopolitical questions following great change in Washington. Against this backdrop, Gideon Rachman, Chief Foreign Affairs Commentator at the Financial Times, talks at the EFG Investment Summit 2025, outlining his views on the likely scenarios that may unfold. Our ho...
Jan 21, 2025•39 min
Donald Trump's election victory brings with it a plethora of unknowns about the next four years. After a highly unusual election cycle, change is on the horizon, from a reordering of the existing power structures of the West to tariffs on China, from Elon Musk's DOGE to deregulation. In this special episode, Dan Clifton, Head of Policy Research at Strategas, delivers his thoughts on Trump 2.0 at the EFG Investment Summit 2025. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Dan Clifton, H...
Jan 15, 2025•28 min
Economic resilience, shifting policies, and global uncertainties set the tone for 2024. In this episode, Moz and Daniel reflect on a year marked by strong US growth, challenges in Europe, and the lingering effects of Covid stimulus. They share their perspectives on the key factors shaping the outlook for 2025, from trade tariffs to potential stimulus in China, and discuss what these trends could signal for global markets and economies moving forward. Our host, Moz Afzal: https://bit.ly/31XbkTR O...
Dec 20, 2024•38 min
In this episode of Beyond the Benchmark, Moz is joined by Jeff deGraaf, a leading technical analyst from RenMac, for an insightful discussion on 2024’s market performance and opportunities in 2025, as well as touching on China’s resilience and the global influence of the US dollar. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Jeff deGraaf, CMT, CFA, Chairman and Head of Technical Research at Renaissance Macro Research https://www.renmac.com/jeff-degraaf/ EFGAM: https://www.newcapital.c...
Dec 11, 2024•39 min
Breaking companies down into modular systems that drive value and understanding their self-reinforcing cycles are key in navigating the technological landscape. Nathan Furr takes us through two laws of technology in the next of this three-part series, providing examples of how today’s leaders are utilising these elements to their advantage. This episode was recorded on 12th September 2024. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest, Nathan Furr, Professor of Strategy at INSEAD https:/...
Nov 12, 2024•28 min
Polls on a knife edge, multiple assassination attempts, a convicted felon running for president, a candidate campaigning for just 100 days pre-election; these are just a few of the reasons this US election cycle is unlike anything we have ever seen. Thankfully, Dan Clifton, Head of Policy Research at Strategas, is here to bring some clarity to the turmoil, and what all this might mean for investors. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Dan Clifton, Head of Policy Research at St...
Oct 28, 2024•56 min
As central banks around the world appear to be successfully getting a handle on inflation, we look at the changing market narrative going into the final quarter of 2024. Labour market numbers start to take precedence in shaping market sentiment, while the US gears up for an election that, despite intense volatility, is surprisingly normal in its impacts on markets so far. Meanwhile further afield, China shows signs of struggling to hit their 5% growth target. Our host, Moz Afzal: https://bit.ly/...
Oct 10, 2024•40 min
Does the conventional wisdom around technology and business really hold up to scrutiny? Nathan Furr guides us through the 6 Laws of Technology, each law turning a piece of conventional thinking on its head when it comes to how companies deploy technology for the best outcomes. This is part 1 of a 3 part series, each episode covering 2 of the laws in detail. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest, Nathan Furr, Professor of Strategy at INSEAD https://bit.ly/4ehEeBY Important disclai...
Sep 24, 2024•28 min
As inflation across the globe falls back closer to Central Bank target levels, Central Bankers face a new question: how quickly and how deeply should interest rates be cut? EFG's Chief Economist Stefan Gerlach joins Moz to help understand how different Central Banks are plotting this course. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest, Stefan Gerlach, Chief Economist at EFG: https://bit.ly/3veyR4U Important disclaimers The value of investments and the income derived from them can fall ...
Sep 05, 2024•37 min
Did investors overreact to the recent equity market sell off? This week Gerry Fowler, Head of European Equity Strategy at UBS, talks Daniel Murray through his current view on the equity landscape and recent volatility. Surprising opportunities in European equities, China's EV dominance and the US Consumer are all in focus in this episode. Our host, Daniel Murray, CEO of EFGAM Switzerland: https://bit.ly/3NBVBC2 Our guest: Gerry Fowler, Head of European Equity Strategy at UBS https://bit.ly/3WUjy...
Aug 20, 2024•26 min
An attempted assassination, a new Democratic candidate and a controversial choice of running mate are just some of the reasons this US election is shaping up to be one of the most tumultuous in recent memory. Sarah Bianchi, Senior Managing Director at Evercore ISI and former deputy US Trade Representative helps Moz understand the various moving parts in this dynamic election. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Sarah Bianchi, Senior Managing Director, Evercore ISI and former d...
Jul 30, 2024•39 min
With the US economy so far experiencing a 'soft landing' scenario, Wolfe Research's Stephanie Roth discusses the current state of play for the world's largest economy and the emerging risk factors for the year ahead. With the Fed looking at continued rate cuts, and a presidential election only months away, it's all eyes on the US economy. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Stephanie Roth, Chief Economist at Wolfe Research, LLC https://bit.ly/46ku3cm EFGAM: https://www.newcapi...
Jul 26, 2024•32 min
As we look ahead to Q3 of 2024, the interface between politics and economics comes into sharp relief. With around 49% of the global population going to the polls in 2024, we explore the potential fiscal and market impacts these elections have had or threaten to have over the coming months. From the UK's new Labour government, to the fiery Trump-Biden showdown in the US, to Modi's re-election in India, this is the Q3 Insight. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guests: Daniel Murray h...
Jul 17, 2024•42 min
In this special episode on the regulation of AI, and the opportunities and investment themes that accompany the nascent technology, we listen in to highlights from key presentations at the recent Gamma Foundation Summit in Rome on the 29th May. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Luciano Floridi Professor and Founding Director of the Digital Ethics Center, Yale University https://bit.ly/4cKe9KA EFGAM: https://www.newcapital.com/ Important disclaimers The value of investments a...
Jul 01, 2024•20 min
Saj-nicole Joni, renowned as the first female professor of mathematics at MIT and a pivotal executive in Microsoft's formative years, now dedicates her expertise to advising top CEOs as a 'CEO whisperer.' With a wealth of experience in leadership and innovation, she helps high-performing leaders navigate complex challenges, make strategic decisions, and elevate their organizations to new heights. Discover the insights and strategies that have made her a trusted advisor to some of the world's mos...
Jun 05, 2024•58 min
Not many people can say they are a published author and Global Head of Trust at an international banking group, but Head of EFG Wealth Management Julie Collins can. Moz talks to the Jersey-based Julie on her career and writing. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Julie Collins, Global Head of Trust and Managing Director of EFG Wealth Solutions Jersey https://bit.ly/3wEwbOS Henry Walters, CFA, Equity Analyst at EFGAM https://bit.ly/44mM74F EFGAM: https://www.newcapital.com/ Imp...
May 17, 2024•49 min
The boom in the Artificial Intelligence value chain over the past 18 months has made stocks such as NVIDIA household names and delivered significant returns for well placed investors. However, as AI usage and commercialisation evolves and matures, who will the next winners be in this rapidly changing space? Moz talks with Jonathan Rawicz and Henry Walters to identify the future battlegrounds, looking at how AI will be deployed, who the main players are, or could be, and what system architectures...
May 01, 2024•41 min
Join us on Beyond the Benchmark as we review the Q2 2024 Insight document. The macro A-team come together to talk through the thinking behind the publication. The worst predictions for the state of the global economy fail to materialise once again, while the markets wake up to the new reality of a higher interest rate environment that's here to stay, with the Fed holding rates in the March FOMC. In other areas, we ask is it the end of the ICE age? Our host, Moz Afzal: https://bit.ly/31XbkTR Our ...
Apr 16, 2024•45 min
While Japan and China have received a lot of attention in recent years for their unfavourable demographics, James Pomeroy, Global Economist at HSBC, points to research showing that much of the world is facing similar conditions. This is a fact that goes largely unreported yet could have enormous impacts on the global economy. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: James Pomeroy, Global Economist at HSBC https://bit.ly/38Y9plu EFGAM: https://www.newcapital.com/ Important disclaime...
Apr 04, 2024•50 min
Is there a 'no-landing' scenario for the global economy? Moz talks to Chris Senyek, Chief Investment Strategist at Wolfe Research about the unexpected strength of the US and global economy, with inflation numbers going in the right direction and the market bull run extending its 18 month run, repeatedly proving sceptics wrong. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Chris Senyek, Chief Investment Strategist at Wolfe Research https://bit.ly/3scDZml EFGAM: https://www.newcapital.com...
Mar 25, 2024•41 min
In the world of Healthcare, few recent innovations have caused as much of a stir as the emergent GLP-1 agonist drugs, which have proven to have a material impact on weight loss. In this episode Moz is joined by New Capital's Mike Clulow and Chelsea Wiater to talk through what GLP-1s are, how they work and the potentially far reaching impacts they may have on the consumer staples and healthcare industries. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guests: Mike Clulow, Senior Portfolio Manag...
Mar 14, 2024•39 min
This week we dive into the little-known world of Catastrophe Bonds, a sub category of Insurance Linked Strategies, exploring how they work and their potential upsides and downsides. To help understand this unique instrument, Moz is joined by Rhodri Morris, Head of ILS Analytics at Twelve Capital. Our host, Moz Afzal: https://bit.ly/31XbkTR Our guest: Rhodri Morris, Head of ILS Analytics at Twelve Capital https://bit.ly/3V9phuR EFGAM: https://www.newcapital.com/ Important disclaimers The value of...
Mar 08, 2024•41 min
