Opinion certainty 4/5 debate potential 3/5

Braga: Hiring quotas cannot solve female underrepresentation in finance

Leda Braga · Leda Braga – Systematica Investments (Manager Meetings, EP.10) · Sep 9, 2021 · at 17:14

Leda Braga, CEO of Systematica Investments, explains her view on addressing the pipeline issue for women entering quantitative finance.

0:00 / 0:09exact quote · 10.0s
720p mp4 · rendered on demand · StarZero watermark
“You can't fill the positions based on quotas. So you need to go upstream from the problem and encourage more women to get qualified.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Leda Braga

Insight
Braga: Fearful discretionary traders derisk while systematic algorithms short
“Human beings, I think on average tend to take risk off if they fear. Whereas if you've got a systematic strategy, you have a good chance of carrying on with your investment process and just saying, no, no, the signal says I should short.”
Leda Braga Sep 9, 2021 ▶ 28:28 Leda Braga – Systematica Investments (Manager Meetings, EP.10)
Insight
Braga: Trend following is portfolio insurance investors get paid to hold
“That strategy in itself has positive expectation of return. So this is a bit like the insurance policy that I get paid to hold because the thing will have positive expectation of return. And yet when the rubbish hits the firm, I expect it to help my portfolio.”
Leda Braga Sep 9, 2021 ▶ 25:13 Leda Braga – Systematica Investments (Manager Meetings, EP.10)
Insight
Braga: Alternative datasets suffer from forecasting decay and become worthless over time
“Some of these alternative quirky data sets, their forecasting ability has a bit of decay. So they forecast for a while and then they become worthless.”
Leda Braga Sep 9, 2021 ▶ 39:01 Leda Braga – Systematica Investments (Manager Meetings, EP.10)
Opinion
Braga: Investing in China is a no-brainer for large allocators
“And so we've really made a push into China. We've started our Shanghai office. And so China is, I think, a no brainer.”
Leda Braga Sep 9, 2021 ▶ 41:32 Leda Braga – Systematica Investments (Manager Meetings, EP.10)
Opinion
Braga: Multi-manager platforms enforce siloed teams that hoard intellectual property
“The platform approach is naturally, from what I gather in the industry, is naturally a more siloed approach, right? Is the small team that wants to do their own thing and keep their own intellectual property and not share with anybody else.”
Leda Braga Sep 9, 2021 ▶ 50:28 Leda Braga – Systematica Investments (Manager Meetings, EP.10)
Insight
Braga: Unwinding during drawdowns stems from poor upstream risk sizing
“Career-wise, in the running of the various strategies that we have run over the years, the mistakes that I have made, which I regret, have Almost all of them probably being related to unwinding strategies in the drawdown. Then you say, okay, what is the mistak…”
Leda Braga Sep 9, 2021 ▶ 59:17 Leda Braga – Systematica Investments (Manager Meetings, EP.10)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.