Pensions & Investments

Pensions & Investments EIC/CCO Jennifer Ablan interview with Mellody Hobson and John W. Rogers Jr. of Ariel Investments. John W. Rogers Jr. and Mellody Hobson, who share the co-CEO title at Ariel Investments, one of the most influential minority-owned global asset management firms, sat down in early April for their first joint Face to Face interview with Pensions & Investments in Chicago, against the backdrop of the Silicon Valley Bank collapse and another dose of Federal Reserve rate hikes. Mr. Rogers and Ms. Hobson discussed Ariel's active patience approach to value investing in out-of-favor small and mid-cap companies as well as Ariel's long-term business and societal philosophy, which spark comparisons to another famous partnership: Warren Buffett and Charlie Munger.

Ashby Monk, Executive Director of the Stanford Research Initiative on Long-Term Investing joins Jennifer Ablan, EIC and CCO for Pensions & Investments to discuss a new project to modernize pension plans with technology and new data.

Jeffrey Gundlach, the founder of DoubleLine Capital LP, speaks to the editor-in-chief and chief content officer of Pensions & Investments Jennifer Ablan about recent bank failures, the potential for a U.S. economic recession (which he predicted will begin in four months), and what the Fed is likely to do with rates the rest of the year.

Pensions and Investments Enterprise Editor Erin Arvedlund interviews Ken Tropin, the chairman, founder and principal of Graham Capital Management and a long-time veteran of the managed futures space. Macroeconomic hedge funds aim to anticipate moves in financial markets, such as the direction of interest rates, currencies, stocks, bonds, and commodities, and these funds were among the few to make money in 2022. Kenneth "Ken" Tropin's hedge fund Graham Capital Management was among the winners.

The U.S. economy is "not in a recession," and the Federal Reserve is likely to raise interest rates "one or two more times," said fixed-income expert and economist Mohamed El-Erian. "I suspect they'll hike one to two more times," Mr. El-Erian said of the central bank, led by Chairman Jerome H. Powell, in the interview with Jennifer Ablan, Pensions & Investments' editor-in-chief .

In a two-hour interview with P&I Editor-in-Chief Jennifer Ablan, Mr. Chanos compared so-called "legal frauds" such as Enron, which collapsed two decades ago, to FTX and financial bubbles today. He shorts — or bets against — share prices through his hedge fund Chanos & Co., New York.