Show overview
Talking Capital has been publishing since 2023, and across the 3 years since has built a catalogue of 64 episodes. That works out to roughly 35 hours of audio in total. Releases follow a monthly cadence.
Episodes typically run twenty to thirty-five minutes — most land between 31 min and 35 min — and the run-time is fairly consistent across the catalogue. None of the episodes are flagged explicit by the publisher. It is catalogued as a EN-language Business show.
The show is actively publishing — the most recent episode landed 1 weeks ago, with 6 episodes already out so far this year. The busiest year was 2024, with 23 episodes published. Published by Capital Generation Partners.
From the publisher
Talking Capital explores the big questions facing sophisticated, long-term investors. Join Ian Barnard and guests on a monthly basis, as they answer market and investment questions posed by our own clients, covering any asset class in any region of the world. Capital Generation Partners LLP is authorised and regulated by the Financial Conduct Authority and is registered as an Investment Adviser by the US Securities and Exchange Commission. This podcast and any opinions expressed do not constitute investment advice and does not constitute an offer to sell or a solicitation of an offer to purchase any security or any other investment or product. Nothing said during this podcast should be construed as an invitation or inducement to engage in investment activity. All information and opinions expressed herein are current as of publication of the podcast and are subject to change without notice. The information contained in this podcast does not constitute research or recommendation from Capital Generation Partners to the listener. Capital Generation Partners makes no representation or warranty as to the accuracy or completeness of the statements or any of the information contained in this podcast and any liability therefore, including in respect to direct or indirect loss is expressly disclaimed. Advice is given and services are supplied by Capital Generation Partners LLP and its affiliates (“CapGen”) on the basis of our terms and conditions of business, which are available upon request. No liability is accepted, or responsibility assumed, in respect of persons who are not clients of CapGen, unless expressly agreed in writing. Please note that the value of investments referred to in this podcast and their income may go down as well as up. If you choose to invest any product referred to in this podcast, your capital will be at risk and you may lose some or all of your investment. No compensation, monetary or non monetary, or other inducement is provided, directly or indirectly, to any external third-party guest speakers appearing on this podcast. This podcast may not be copied, reproduced, further distributed to any other person or published, in whole or in part for any purpose. Further information, including our privacy statement, can be found on our website at www.capgenpartners.com
Latest Episodes
View all 64 episodesEnergy Transition: market drivers, portfolio integration and long-term implementation
Ep 63Responsible Capital: ESG requirements, regulation and the future for commercial real estate
In this episode, Ian is joined by Ross Davies, Head of Real Estate at CapGen, to discuss the role of ESG in the real estate industry, including:The evolution of ESG requirements since the 1990sThe impact of government regulation, and what this means for the future of commercial property across developers, occupiers and asset ownersThe impact of US policies on UK real estate and the diverging approaches to ESG
Ep 62The Iran conflict: what it means for markets, investors and portfolios
In this standalone episode, Ian is joined by Quintin Price, Chair of our Asset Allocation Committee, and Donald McFarlan, Portfolio Management Director, to discuss the investment implications of the conflict in Iran, including: What has happened, what are the implications and how should investors respond? How have markets reacted and what impact has that had on our portfolios?What are the longer-term possibilities for the conflict and what could this mean for asset allocation?
Ep 61Responsible Capital: the economics of natural capital, how to measure it and the UK's progress
In this episode, Ian is joined by Kate Russell, Managing Director of Tellus Natural Capital and Dimitri Zenghelis, Chair of our Responsible Capital Committee, to discuss:The importance of natural capital in the economic systemIncorporating natural capital in economics and the role of technology and AI in measuring ecosystemsThe UK's progress on natural capital
Ep 60Responsible Capital: navigating Trump’s influence, China’s renewable leadership, and the progress of natural capital
In this episode, Ian is joined by Dimitri Zenghelis, Chair of our Responsible Capital Committee and Senior Associate at the Cambridge Institute for Sustainability Leadership, to discuss the evolving landscape of responsible capital, including:Trump’s impact on the progress of sustainabilityThe transition to electrification and renewable energy and China's strategic lead in these sectorsThe progress of natural capital in the UK
Ep 592026 primer: 2025 recap, private market performance and new opportunities
In this episode, Ian and Robert discuss:2025 recap: how should we reflect on market performance in 2025? Private markets: have private markets recovered and how did our portfolios perform?Opportunities: how did the opportunities we previously highlighted perform in 2025 and what are the key opportunities for the year ahead?
Ep 58In conversation with Carrhae Capital's Ali Akay: exploring their selection process and investment philosophy in action
In this episode, Ian is joined by Ali Akay, Chief Investment Officer of Carrhae Capital, an investment manager specialising in emerging market equities, to discuss:How a chance conversation about the ex-prime minister of Turkey led to Ali’s career in investingHow Carrhae’s best-in-class emerging market equity selection process sets them apartAn example of how Carrhae’s investment philosophy works in practise
Ep 57Emerging Market Equities: navigating cycles, risks and opportunities
In this episode, Ian is joined by Mario Acquistapace, Investment Research Associate Director at CapGen, to discuss emerging market equities, including:An overview of the current landscape, how they've performed and the associated risksOur manager selection processCarrhae Capital's investment strategy and the rationale behind choosing them as a partner
Ep 56Emerging Market Equities: opportunities, risks and investment strategies
In this episode, Ian and Robert discuss emerging market equities from a macro perspective:Market overview: how have emerging market equities performed over the past year and how do we classify them?Portfolio context: what is their role in portfolios and what are the risks?Investment strategy: what are the pros and cons of active vs passive approaches?
Ep 55In conversation with Stoneshield Capital's Felipe Morenés: from investment strategies to opportunity identification and value creation
In this episode, Ian is joined by Felipe Morenés, Founding Partner of Stoneshield Capital, a distressed and opportunistic long-term investment firm, to discuss:Felipe's own professional journey, Stoneshield’s origins and what makes them distinctiveStoneshield's investment strategy and how they identify opportunitiesAn example of a successful deal, from initial concept to value creation and exit
Ep 54Real estate: opportunities, how to access them and the selection process
In this episode, Ian is joined by Ross Davies, Head of Real Estate at CapGen, to discuss real estate, including:Current opportunities in Europe and the US Our investment selection process How to access these opportunities
Ep 53Real estate: market trends, its place in portfolios and the current opportunities
In this episode, Ian and Robert discuss Real Estate from a macro perspective:Market overview: how has real estate performed over recent years and what do we mean by opportunistic real estate?Portfolio context: what is the role of real estate in portfolios and what is the opportunity cost of capital?Opportunities: what does the current opportunity set look like?
Ep 52In conversation with Berkshire Partners’ Mike Ascione: investment strategies and success stories
In this episode, Ian is joined by Mike Ascione, Managing Director of Berkshire Partners, a US-based private equity manager, to discuss:Berkshire’s origins, how they have celebrated successes and learnt from mistakes, and the future of private equity as an ownership modelTheir investment philosophy and processAn example of a transaction investment and their greatest contribution to its success
Ep 51Private Equity: opportunities, and the importance of building long-term relationships
In this episode, Ian is joined by Enrica Dacomo, Investment Research Director at CapGen, to discuss Private Equity from a research perspective, including:Opportunities in the US mid-market sectorAn exploration of our manager research and selection processHow building relationships can lead to better opportunities
Ep 50Private Equity: from fundamentals to opportunities
In this episode, Ian and Robert discuss Private Equity from a macro perspective:First principles: what is the role of private equity in portfolios?Building a portfolio: how does this work in practice and how opportunistic can you be?Opportunities: what does the current opportunity set look like?
Ep 49The outlook for inflation, US growth and China
In this episode, Ian and Robert discuss:Inflation: what are we expecting and how might markets react?Growth forecasts: where might we see growth surprises in the US?China: what is the outlook for China and the economic landscape?
Ep 48Investment Opportunities: dispersion, Emerging Markets and commodities
In this episode, Ian and Robert discuss:Dispersion: what does it mean in a financial context when does it represent an investment opportunity?Emerging Markets: why are EM equities appealing right now, and how is China influencing them?Commodities: what is the current opportunity set and are gold miners still an attractive opportunity?
Ep 47Trump 2.0 policy, interest rates, and what bank earnings can tell us
In this episode, Ian and Robert discuss:Trump inauguration: why are tariffs important to investors and how might the changes to immigration policy impact the US economy?Interest rates: what is driving recent moves in market interest rates?Bank earnings: what do the recent earnings reports indicate about the strength of markets and the economy?
Ep 462025 primer: 2024 recap, inflation risk and new opportunities
In this episode, Ian and Robert discuss:2024 recap: how should we reflect on 2024, where did we see surprises and how did the opportunities we had highlighted previously perform?Inflation: how are we positioning portfolios for a potential period of higher inflation?2025 opportunities: what are the key opportunities for the year ahead?
Ep 45Active vs passive and the outlook for bitcoin and private equity
In this episode, Ian and Robert discuss:Active vs passive: what are the pros and cons and how should investors approach a thematic investment such as BioTech?Bitcoin: what has driven the price of Bitcoin recently and does it have a role in portfolios today?Private equity: what is the current state of private markets and what has caused the recent activity?