LGIM Blog – John Southall, Head of Solutions Research

Disclaimer: Views in this blog do not promote, and are not directly connected to any L&G product or service. Views are from a range of L&G investment professionals, may be specific to an author’s particular investment region or desk, and do not necessarily reflect the views of L&G. For investment professionals only.

John Southall24

John is the Head of Strategic Research in L&G's Asset Management division. John used to work as a pensions consultant before joining L&G in 2011. He has a PhD in dynamical systems and is a qualified actuary.

Other articles by John Southall

Part3_0

Equity valuations uncovered (part 3): Short-term insights

A common refrain is that valuations are irrelevant over short horizons, but that they become strong predictors in the longer term. What motivates such statements and is there any truth in them?

Valuations part2

Equity valuations uncovered (part 2): Valuation regressions – handle with care

What are the pitfalls of regressing equity returns against starting valuations, how can we correct for them and what is the upshot for expected returns?

murky waters

Equity valuations uncovered (part 1): Fathoming murky waters

I introduce a series of blogs exploring the role of valuations in forecasting equity returns.

Cash Money Bars

Should investors hedge currency risk?

In a new whitepaper, John Southall investigates the question of how the strategic currency hedge ratio should depend on the time horizon.

Game surplus

Unlocking surplus in the endgame

What key trade-offs do schemes need to weigh up as they choose to run on and target benefit uplifts for members?

weight game

Playing the ‘weighting’ game

Amid low spreads, some investors have been hesitant to allocate more to credit. But is waiting the right strategy?

Binoculars searching

Expected returns: boosting our binoculars

How should investors capture the shape of returns when making long-term return estimates across different asset classes?

Run on

Running on into retirement?

Strategies for maintaining scheme health and unlocking surplus.

Mind risk

Mind the risk: The value of valuations

We believe changes in risk should be considered alongside changes in return when tilting portfolios through time, as they can have a surprisingly large impact on efficient decision-making.

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