Unlocking Liquidity: The Evolution of Structured Financing in Private Markets
In this episode of JPMorgan's Making Sense, host Shaini Das and John Neubauer, Global Head of Structured Equities Financing, discuss how structured financing—particularly subscription lines, NAV lending, and hybrid solutions—is evolving to meet the heightened liquidity demands of private equity and hedge fund managers amid higher rates and slower exits. Neubauer explains that subscription lines are shifting from short‑term working‑capital tools to longer‑term funding for specialized vehicles, while NAV loans unlock unrealized equity value in portfolio companies, offering a middle‑ground financing option. The conversation also highlights parallels in hedge fund financing, the importance of robust risk management and real‑time transparency tools like Finance and Connect, and forecasts broader adoption of fund‑level structures as the private markets continue to expand.
The Hidden Costs of Resilience: Financing the New Supply Chain Reality
The episode examines how the long‑standing just‑in‑time supply‑chain model is being upended by geopolitics, AI‑driven capex, critical‑mineral shortages and ongoing disruptions from conflicts such as the Middle East war. Guests Natasha Condon (JP Morgan Global Head of Sales for Trade and...
The Interplay Between Liquidity and Collateral
In this episode of the JP Morgan Making Sense podcast, Eileen Hurley talks with Michael Wynn, global head of liquidity and FX, and Adele Burke, global head of mortgage services, about how clients are managing intraday liquidity, the shifting balance between...
ETFs and Mutual Funds: What Dual Share Classes Could Mean for Investors
In this episode of JP Morgan’s Making Sense, Thumi Oshiale talks with Dimensional Fund Advisors’ Joel Schneider and Lauren Olson about the emerging dual‑share‑class model, where a single portfolio is offered both as a traditional mutual fund and as an ETF....
The Credit Mosaic: A Unified Approach to the Future of Trading
In this 17‑minute episode, J.P. Morgan’s Olivier Cashfinger and Nick Adrella explain how the firm’s Global Investment Grade and Macro Credit Trading units were created to break down silos, integrate balance‑sheet risk, and combine high‑touch and systematic trading. They highlight...
March Jobs Report: Healthy Labor Market, Slower Supply, More Volatility
In the March employment report, the U.S. added 178,000 jobs—well above expectations—driven by rebounds in construction, leisure, hospitality, and a resolution of a health‑care strike that had hurt February’s numbers. Chief U.S. Economist Michael Ferole highlighted that the unemployment rate...
EMEA in Conversation | Eyes on Europe
In this inaugural episode of JPMorgan’s EMEA in Conversation, Stu Cofer and Alison Livesey discuss how Europe’s payments landscape is rapidly accelerating, driven by instant payments, evolving regulations like PSD3, and a push toward interoperability and programmable finance. They highlight...
Portfolio Trading Is Reshaping Credit - Here's How
In this episode of JP Morgan’s Making Sense, hosts Shaini Das, Gustav Bogle (EMEA head of portfolio trading) and Marcus Imbert (North America head of portfolio solutions) examine how portfolio trading is reshaping global credit markets. They compare the faster‑growing, more transparent North...
Why Clean Tech Companies Are Critical for Energy Security
In this episode, JP Morgan’s Chukur Amunat hosts climate scientist Dr. Sarah Kaepnick and clean‑tech investment banker James Janowski to examine how clean‑technology firms are essential for energy security amid rising AI‑driven power demand and geopolitical turbulence. They note that global...
Examining the AI Value Chain with Horizon Global Partners
In this episode, JP Morgan’s Eloise Goulder talks with Fawaz Chaudhry, CIO of Horizon Global Partners, about the firm’s thematic equity strategy and how it navigates today’s unprecedented macro shocks—pandemic, European land war, and trade war—and the rise of AI. Chaudhry...
How Are Geopolitics and AI Trends Impacting Leveraged Finance?
In this episode, JP Morgan’s Amaury Guzman, Kevin Foley (global head of capital markets) and Tarek Hamid (head of North American Credit Research) debrief the themes from their Global Leveraged Finance Conference, focusing on how heightened geopolitical risk—especially the Iran‑related oil...