# Money Maze Podcast: the investor podcast, by episode

> Money Maze Podcast: Leading investors and allocators on how they run money, from London. 246 episodes, each linked to the investors in it.

Source: https://millionrounds.com/podcasts/money-maze (Millionrounds; every figure on the page links to its filing or article)

LPs · new episode 22 Oct 2026

# Money Maze Podcast

Hosted by **Money Maze**

Leading investors and allocators on how they run money, from London.

Follow on Apple PodcastsBrowse the episodes

**246** episodes

**42** investors heard as guests

**45 min** an average episode

27 in the last 12 months

## The regulars

Investors named as guests in the most episode titles on Money Maze Podcast.

[AS *2* **Anthony Scaramucci** SALT Fund](https://millionrounds.com/person/anthony-scaramucci)[CW *2* **Chris Wood** Fino Advisors LLC](https://millionrounds.com/person/chris-wood)[GH *2* **Guy Hands** Terra Firma](https://millionrounds.com/person/guy-hands)[KB *2* **Kate Bingham** SV Health Investors](https://millionrounds.com/person/kate-bingham-3)[PF *2* **Philipp Freise** KKR](https://millionrounds.com/person/philipp-freise)[XR *2* **Xavier Rolet** Harvard University](https://millionrounds.com/person/xavier-rolet)[AD *1* **Ann Davies** 1 episode](https://millionrounds.com/person/ann-davies)[DD *1* **David Durlacher** 1 episode](https://millionrounds.com/person/david-durlacher)[DE *1* **David Einhorn** 1 episode](https://millionrounds.com/person/david-einhorn)[DH *1* **David Haber** Andreessen Horowitz](https://millionrounds.com/person/david-haber)[DN *1* **David Neal** TAG](https://millionrounds.com/person/david-neal)[DN *1* **David Novak** Ahren Innovation Capital](https://millionrounds.com/person/david-novak)

## Every episode 246 · page 1 of 9

- 246 **How Can We Educate Our Children Better As the World of AI Envelops Us? Peter Frankopan in Conversation With Sir Anthony Seldon** 22 Oct 2026 · 41 min About this episode We are releasing as episodes, two panels from the recent Money Maze Allocator Summit. This, the second invitation-only event we have held, gathered some of the world's most significant allocators at the London Stock Exchange for two days of intense discussions and debates. The agenda ranged from Re-militarisation,… ▶Show page
- 245 **The Black Box Dilemma: Who Controls What AI Can Say? With CTGT’s Founder & CEO, Cyril Gorlla.** 15 Oct 2026 · 1h 3m [Google](https://millionrounds.com/fund/google-assistant-investments) About this episode If you are a West Coast based tech start-up, profiled in the Wall Street Journal, Forbes, and Business Insider, are asked to present at JPMorgan's Investor Summit alongside Jamie Dimon, are backed by Google's AI fund, and have a mission to help organizations detect and correct biased or unreliable outputs from AI… ▶Show page
- 244 **The Region that Defies Prediction. The Middle East’s Past Upheavals and the Storms Yet to Break. With Author Simon Sebag Montefiore** 25 Sept 2026 · 1h 3m About this episode Today we welcome a reappearance of author Simon Sebag Montefiore. These few lines set the tone for an outstanding book and brilliant guest: “ But even in easier times, the Middle East has the ability to surprise even the most informed observers and intelligence maestros. After all, the experts failed to predict the… ▶Show page
- 243 **Fraud, Fees and Fake Degrees! Where is the Allocation to Alternatives Headed? Albourne’s CEO, John Claisse, Explains their approach, Why Due Diligence Matters, and Where the Investment Flows are Secular, Not Cyclical.** 17 Sept 2026 · 59 min About this episode John Claisse explores the evolution of alternative investing, from private markets and hedge funds to AI, digital assets, due diligence and opportunities across Asia. Albourne has expanded from its genesis in Sussex in 1994, to one of the most recognized global investment advisors in the world of alternatives. It is… ▶Show page
- 242 **Come Fly with Me! Delta Air Lines, The World’s Biggest Airline Discusses Why it’s Not the Business Warren Buffett Used to Avoid - With CEO, Ed Bastian.** 3 Sept 2026 · 51 min [Ed Bastian](https://millionrounds.com/person/ed-bastian) About this episode “Airlines are a terrible business. They’re capital‑intensive, unionized, and heavily regulated… there’s very little moat.” So Warren Buffett once observed. But is that still true? In this episode, we examine the thesis for investability and try to understand the direction and shape of flying. Ed discusses the… ▶Show page
- 241 **AI and the Investment Edge: Enhancement, Replacement, or Reinvention?** 20 Aug 2026 · 56 min About this episode It is already changing how firms conduct research, construct portfolios, manage risk, and make investment decisions. In this special compilation episode, we bring together three perspectives from across public markets, hedge funds and private markets, to explore how AI is transforming investment management today and… ▶Show page
- 240 **A New Era: Richard Oldfield on the Future of Schroders and the Asset Management Industry** 6 Aug 2026 · 45 min [Richard Oldfield](https://millionrounds.com/person/richard-oldfield) About this episode Most CEOs take years to make their mark. But after three decades dissecting and helping other people’s businesses at PwC, our guest today spent just two years inside Schroders before deciding it was time to sell the 222-year-old business. In this conversation, Richard Oldfield explains why he was convinced it… ▶Show page
- 239 **The Golden Age of Absolute Returns? With Davidson Kempner’s Managing Partner and CIO, Tony Yoseloff** 23 Jul 2026 · 54 min About this episode In the world of global credit and event-driven investing, there are few firms that have been both quietly competitive, whilst simultaneously successful and long-standing. Founded over 40 years ago, Davidson Kempner may not be a household name, but they have navigated cycles by identifying the opportunities which… ▶Show page
- 238 **What Do You Call an Institution That Can Play Anywhere in the Capital Stack? With Sixth Street’s Co-CIO & Co-President Julian Salisbury** 9 Jul 2026 · 52 min [Sixth Street](https://millionrounds.com/fund/sixth-street) About this episode In a world where investment classification rules supreme, Sixth Street believes that its flexible architecture, approach, and culture make the firm different. Sixth Street, founded in 2009, manages more than $130 bn, suggesting flexible capital unlocks opportunities in a world that never stands still. Sixth… ▶Show page
- 237 **The Future of Flight? Building an Electric Aviation Business with the Man in the Pilot’s Seat - Kyle Clark, CEO & Founder, BETA Technologies** 25 Jun 2026 · 1h 0m About this episode BETA Technologies is a Nasdaq-listed aircraft manufacturer breaking new ground with its advanced pursuit of building world-beating electric planes. Kyle Clark, Founder and CEO, explains the economic advantages of electric aircraft. He discusses assembly to operating systems, and then explains how oil majors are… ▶Show page
- 236 **What Does It Take to Run One of the World’s Most Powerful Law Firms? With Alan Mason, Global Managing Partner, Freshfields** 11 Jun 2026 · 54 min About this episode For the first time in our 6-year existence, the MMP wanted to dive into this somewhat opaque world, in line with our mission to de-mystify areas of business and finance vital to us all. Alan discusses the evolution of the top law firms, why US competition is ferocious, why he relocated to the US to help drive their… ▶Show page
- 235 **“The Craft of Active Equity Ownership.” The Cevian Approach to Activism, with Managing Partner & Co-Founder, Lars Förberg.** 28 May 2026 · 58 min [Carl Icahn](https://millionrounds.com/person/carl-icahn) About this episode “Activism” might be one of the less helpful terms in modern investing, a label that conjures everything from boardroom bust-ups, to terse exchanges between disgruntled shareholders and incumbent managements. However, in this conversation, Lars explains the early insights gained from collaborations with the great… ▶Show page
- 234 **Is the 60/40 Portfolio Still Fit for Purpose? State Street Investment Management’s CEO, Yie Hsin Hung, Discusses Flows, Valuations, EM, Private Equity Returns and Tokenisation, the Next Investment Frontier** 14 May 2026 · 39 min About this episode We were surprised, when researching for this interview, to learn that State Street Investment Management are the fourth largest asset manager globally, with circa $6 Trillion of assets. Size confers both opportunity and challenges, however, and in this conversation Yie-Hsin talks about the global savings gap and the… ▶Show page
- 233 **Can A.I. Improve Investment Results? With Rob Arnott, Founder & Chair of Research Affiliates.** 30 Apr 2026 · 39 min About this episode Rob Arnott, Founder & Chair of Research Affiliates, discusses where AI works well & can assist across the money management ecosystem, the risk of ‘AI hallucination’ & over-reliance, quant vs human judgement, and the future of work. Amidst the volumes written about AI’s impact on the business and investing worlds, we… ▶Show page
- 232 **Inside Saudi Arabia’s Sports and Investment Strategy: The Why, Where and How, with Danny Townsend, CEO.** 16 Apr 2026 · 56 min [Saudi Arabia](https://millionrounds.com/person/saudi-arabia) About this episode Sport is one the world’s most powerful convening forces, but the way fans connect and engage is evolving, technology is offering new experiences and the investing world increasingly wants a piece of the action. One of the powerful new players, is SURJ, Saudi Arabia’s sports investment arm, and leading their team is… ▶Show page
- 231 **From the Shadow of the Death Camps to Leading Sequoia: A Family’s Journey Through Peril & Possibility (With Sir Michael Moritz)** 2 Apr 2026 · 1h 5m [Michael Moritz](https://millionrounds.com/person/michael-moritz) About this episode Some lives trace the currents of history; a childhood in Wales, growing up in the shadow of parents who had escaped Nazi Germany, academic distinction at Oxford and Wharton, followed by a career that moved from journalism to the apex of Silicon Valley venture capital and a philanthropic record that speaks quietly, but… ▶Show page
- 230 **Scale, Strategy, and Stewardship: Rachel Elwell, CEO, on Border to Coast’s Growing Power in UK Pensions** 19 Mar 2026 · 57 min About this episode Moreover, if executed well, it offers the potential to act with a long-term horizon as true asset owners, and to unlock investment opportunities that individual funds might struggle to access alone. Today in the UK, one of the most consequential organisations in UK pensions, is Border to Coast. They sit at the… ▶Show page
- 229 **From Battlefield to Boardroom: Assessing the Cyber War Frontlines - Jen Easterly on the New Era of Cyber Risk** 5 Mar 2026 · 1h 5m [US Army](https://millionrounds.com/fund/us-army) About this episode We have had some extremely distinguished guests over the last 6 years, but we haven’t secured one who combines, a Rhodes Scholar, US Army Colonel, Counter terrorism expert, leading the US’s cyber intelligence defence agency, and a lecturer at Oxford and beyond, whilst also having worked at Morgan Stanley, and now CEO… ▶Show page
- 228 **General David Petraeus: Inside a World Glowing Red** 19 Feb 2026 · 1h 7m [David Petraeus](https://millionrounds.com/fund/david-petraeus) About this episode A first! For the first time since our inception 6 years ago, we welcome back a guest for their third visit. General David Petraeus, once described by Simon Sebag Montefiore as the ultimate soldier-scholar, is Chairman of the KKR Global Institute. Prior to this, David had a distinguished US military career and was… ▶Show page
- 227 **From Hedge Fund Roots to Alternative Credit Leadership: Soraya Chabarek, President & CEO, MCQS** 5 Feb 2026 · 51 min About this episode While women leaders in finance are gradually becoming more common, that cannot be said the alternatives industry. But as traditional investment firms increasingly acquire alternatives and private markets firms, their leaders, styles and backgrounds are experiencing a changing topography. One of those to have been… ▶Show page
- 226 **Emerging and Frontier Markets: Cyclical Bounce or the Beginning of a Secular Advance? A discussion with Peter Elam Håkansson, CEO and Founder of East Capital.** 22 Jan 2026 · 47 min About this episode Emerging Markets, once the darling of the asset allocators world, have found themselves increasingly discarded by those same allocators. Such became the re-allocation away from them and the magnetism of the US & its technology companies, that as recently as the end of 2024, Emerging Markets were at a 50 year low,… ▶Show page
- 225 **Can We Live Longer? What it Might Mean for Medicine, Money, & Markets - With Dr Andrew Steele** 8 Jan 2026 · 1h 4m About this episode As Mike Milken said on this podcast, “the greatest achievement of humankind in the 20th century, was the doubling of life expectancy.” If living longer seems a powerful goal, the caveat would be only if it goes hand in hand with being healthy whilst being older, AND in not running out of money! In this… ▶Show page
- 224 **Marketing God. With Nicky Gumbel, Pioneer of the Alpha Course** 18 Dec 2025 · 1h 2m About this episode In this Christmas special, we reshare our conversation with Nicky Gumbel! Very occasionally one individual can have a disproportionately powerful impact on a collection of people, but very rarely does that person’s impact grow in time and reach, and expand beyond anyone’s expectations and for millions, be responsible… ▶Show page
- 223 **From Vision to Valuation: Disrupting the Future - With Cathie Wood, Founder & CEO of ARK Invest** 4 Dec 2025 · 1h 23m [Howard Marks](https://millionrounds.com/fund/howard-marks) About this episode When we interviewed Howard Marks in March of 2025, he observed, “It's the pioneers who get the arrows”. Many consider a 21st century investment pioneer to be Cathie Wood. She embraces disruptive innovation themes early, has faced intense criticism during large drawdowns, has reshaped ETF thinking and is characterised… ▶Show page
- 222 **Yield, Shield, and Scale: Inside the Ares Management Playbook (With Blair Jacobson, Co-President)** 27 Nov 2025 · 55 min [Ares Management](https://millionrounds.com/fund/ares-management) About this episode Ares is recognised as one of the leading global alternative investment managers, investing across credit, real estate, private equity and infrastructure. Listed on the NYSE, it has over 4,000 employees, $595billion in assets* and a substantial geographical footprint. Blair explains the high yielding Ares-managed… ▶Show page
- 221 **Investing & Philanthropy - With Sir Chris Hohn, Founder, TCI Fund Management & CIFF** 13 Nov 2025 · 49 min About this episode In September we held our inaugural Money Maze Allocator Summit and over the two days there was fantastic discussion, debate, insights, disagreement and a lot of learning. It proved incredibly popular & much of that was a result of the quality of panels, moderators & topics. Of all the conversations, one that… ▶Show page
- 220 **Rare Earths, Energy, and the Green Agenda (Money Maze Allocator Summit 2025)** 30 Oct 2025 · 52 min [Capricorn Investment](https://millionrounds.com/fund/capricorn-investment-group)[Brian Menell](https://millionrounds.com/person/brian-menell) About this episode On 30th September and 1st October 2025 we held our inaugural Money Maze Allocator Summit (MMAS). We gathered 120+ global investors & allocators - many of whom have been previous guests - for 2 days of fascinating investment discussions. It proved incredibly popular & much of that was a result of the quality of panels,… ▶Show page
- 219 **RIT Capital Partners: Global, Unconstrained, Undervalued? A Conversation with Maggie Fanari (RIT CEO)** 16 Oct 2025 · 42 min [RIT Capital Partners](https://millionrounds.com/fund/rit-capital-partners) About this episode Founded in 1971 as the Rothschild Investment Trust, RIT Capital Partners PLC, continues today with a mandate to preserve and grow capital across generations through a multi-asset, global and unconstrained strategy. As one of the UK’s largest investment trusts, with total assets of approximately £4bn (over 20% of which… ▶Show page
- 218 **From Westminster to Silicon Valley: A Connected World at Risk - Sir Nick Clegg on threat to Global Connection in the Age of AI & Political Conflict.** 18 Sept 2025 · 1h 19m About this episode It’s not every guest who would admit in their new book, with brutal honesty, “I’ve been vilified, satirised, protested against- a hate figure both on left and right.” But it is also uncommon, if not without precedent, for someone who has led their political party, been deputy Prime Minister for 5 years, to then… ▶Show page
- 217 **How Good of a Communicator Are You? Messaging, Reputation, Trust & Strategy in the Age of AI - With Jen Prosek, CEO and Founder of Prosek** 9 Sept 2025 · 52 min About this episode Today’s episode started as “Good Investor, Poor Communicator”, but as we researched this topic ahead of the conversation it became a bigger theme than simply, why at times, great investment managers are often less effective communicators. In this conversation, we explore how communication is changing; first in the… ▶Show page

## Who the show talks about

Firms named in its episodes, and people named in descriptions: talked about, rather than on the show.

[**BlackRock** *5*](https://millionrounds.com/fund/blackrock)[**Credit Suisse** *4*](https://millionrounds.com/fund/credit-suisse)[C **Columbia Business School** *3*](https://millionrounds.com/fund/columbia-business-school)[D **David Neal** *3*](https://millionrounds.com/person/david-neal)[D **David Petraeus** *3*](https://millionrounds.com/fund/david-petraeus)[F **Fidelity** *3*](https://millionrounds.com/fund/fidelity)[R **Ray Dalio** *3*](https://millionrounds.com/fund/ray-dalio)[R **Ronald Cohen** *3*](https://millionrounds.com/fund/ronald-cohen)[**Schroder Ventures** *3*](https://millionrounds.com/fund/schroder-ventures)[**Vista Equity Partners** *3*](https://millionrounds.com/fund/vista-equity-partners)[A **Alex Rodriguez** *2*](https://millionrounds.com/fund/alex-rodriguez)[**Bain Capital** *2*](https://millionrounds.com/fund/bain-capital)

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