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Artwork for Alpha Exchange

Alpha Exchange

Dean Curnutt
Risk Management
Inflation
VIX
Volatility
The Alpha Exchange
Market Risk
Central Bank Policy
Asset Allocation
Financial Crisis
Covid-19
Stock Market
Hedging Strategies
Central Banks
Bond Market
China Trade War
Personal Finance
Distressed Investing
Investment
Collateralized Loan Obligations
Volatility Risk Premium

The Alpha Exchange is a podcast series launched by Dean Curnutt to explore topics in financial markets, risk management and capital allocation in the alternatives industry. Our in depth discussions with highly established industry professionals seek to uncover the nuanced and complex interactions between economic, monetary, financial, regulatory and geopolitical sources of risk. We aim to learn fr... more

PublishesWeeklyEpisodes220Founded7 years ago
Number of ListenersCategories
InvestingBusinessManagement

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Artwork for Alpha Exchange

Latest Episodes

The clearing price of optionality in the market is impacted by a myriad of factors. To be sure, the economy and corporate profit cycle, the stance of monetary policy and geopolitical risk all matter. Flows in the derivatives markets are also of conse... more

It was a pleasure to welcome John Marshall, Head of Derivatives Research at Goldman Sachs, to the Alpha Exchange. Our conversation explores a number of critical topics starting with the meaningful growth of equity funds deploying options as part of a... more

Greetings and salutations loyal listeners, welcome to what promises to be another exciting addition to our Sayings on Vol and Risk. To set the table, last year, I did a 5-part series with 25 Sayings. These are concise statements I’ve wound up using m... more

Today’s world of ETFs and mutual funds increasingly features new flavors, a popular one of which is derived from embedding optionality. There are plenty of ways in which one might contemplate risk managing and shaping the distribution of equity retur... more

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Recent Guests

Benn Eifert
Founder and CIO of QVR Advisors, a long short relative value hedge fund focused on trading volatility
QVR Advisors
Episode: Benn Eifert, Founder and CIO, QVR Advisors
John Marshall
Head of Derivatives Research at Goldman Sachs
Goldman Sachs
Episode: John Marshall, Head of Derivatives Research, Goldman Sachs
Dan Villalon
Global Co-Head of Portfolio Solutions at AQR Capital Management
AQR Capital Management
Episode: Dan Villalon, Global Co-Head of Portfolio Solutions, AQR Capital Management
Mitch Garfin
Co-Head of Leveraged Finance at BlackRock
BlackRock
Episode: Mitchell Garfin, Co-Head of Leveraged Finance, BlackRock
Ben Bowler
Global Head of Equity Derivatives Research at Bank of America Merrill Lynch
Bank of America Merrill Lynch
Episode: Benjamin Bowler, Managing Director and Global Head of Equity Derivatives Research at Bank of America
Steven Englander
Head of G10 FX Research at Standard Chartered Bank
Standard Chartered Bank
Episode: Steve Englander, Head of G10 FX and North America Macro Strategy, Standard Chartered
Campbell Harvey
Professor of Finance at Duke University's Fuqua School of Business
Research Affiliates
Episode: Campbel Harvey, Professor of Finance, Fuqua School of Business, Duke University
Owen Lamont
Senior Vice President and Portfolio Manager
Acadian Asset Management
Episode: Owen Lamont, Senior Vice President, Acadian Asset Management
Roxton McNeal
Lead Portfolio Manager at the QIS franchise at Simplify Asset Management, with extensive experience in quantitative investment strategies.
Simplify Asset Management
Episode: Roxton McNeal, QIS Lead Portfolio Manager, Simplify Asset Management

Host

Dean Curnutt
Host of discussions focusing on financial markets, risk management, and capital allocation, particularly within the alternatives sector. Curnutt aims to provide insights from expert guests while avoiding political discourse, fostering a deeper understanding of market dynamics and risk considerations.

Reviews

4.9 out of 5 stars from 173 ratings
  • Nice Vol Review

    Nice Vol Review

    Apple Podcasts
    5
    san_prod
    Switzerland2 years ago
  • Glad I found it

    Thanks so much for creating it public

    Apple Podcasts
    5
    Collar John
    United States2 years ago
  • Love it!

    It’s definitely worth your time if you are trying to stay informed.

    Apple Podcasts
    5
    Mariann!!
    United States4 years ago
  • Colin Lancaster interview was great

    Alpha Exchange is one of my favorite podcasts. Really smart discussions around global macro, volatility, convexity. Great guests and Dean is a fantastic interviewer

    Apple Podcasts
    5
    Derivatives Trader
    United States4 years ago
  • Great content, great host

    I learn a lot whenever I listen to Alpha Exchange. Dean is able to secure terrific practitioners and knows how to draw out valuable insights from his guests. I always look forward to Alpha Exchange podcasts.

    Apple Podcasts
    5
    Blingo gold
    United States4 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Dean Curnutt is recognized as an exceptional interviewer who draws valuable insights from guests, creating engaging and educational episodes.
Listeners appreciate the depth and quality of discussions, emphasizing the informative nature of content related to financial structures and risk management.
Listeners find the content resonates well with those seeking to enhance their knowledge in finance, making it a must-listen for professionals in the sector.
The podcast is noted for featuring well-established professionals who can provide unique insights and actionable market strategies.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#240
United States/Business/Investing
Apple Podcasts
#244
United Kingdom/Business/Investing
Apple Podcasts
#39
Italy/Business/Investing
Apple Podcasts
#111
Germany/Business/Investing
Apple Podcasts
#144
Italy/Business
Apple Podcasts
#130
Hong Kong/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

John Marshall, Head of Derivatives Research, Goldman Sachs
Q: What is your perspective on the volatility risk premium and its relevance to investors?
The current low volatility environment suggests that the volatility risk premium is eroding; investors should focus on asymmetries rather than just harvesting this premium.
John Marshall, Head of Derivatives Research, Goldman Sachs
Q: Can you reflect on the evolution of clients' interests in derivatives over time?
Client demands evolve with market cycles; during robust economic growth, there's focus on individual company performance and catalysts, while in lower yield environments, clients look to extract yield from the options market.
Dan Villalon, Global Co-Head of Portfolio Solutions, AQR Capital Management
Q: Did you get a sense as to how significant a driver of the underperformance that might be?
Dan discusses that while management fees contribute to underperformance, the inherent costs of buying options and implementation frictions are also significant factors.
Dan Villalon, Global Co-Head of Portfolio Solutions, AQR Capital Management
Q: What got you interested in doing this work?
Dan Villalon explains that the research was initiated by a partner at AQR, Brad Jones, who identified a growing interest in options-enhanced strategies in the industry.
Matt King, Founder, Satori Insights
Q: Tell us where we can find the work that you're doing at Satori.
Come to satoriinsights.com and subscribe for updates and insights into market dynamics.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
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Age Range
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Social Media Reach

Frequently Asked Questions About Alpha Exchange

What is Alpha Exchange about and what kind of topics does it cover?

Offering deep dives into the intricate world of financial markets and risk management, this podcast serves as a platform for seasoned industry experts to unpack the complexities of capital allocation within the alternatives sector. Aiming to illuminate the nuanced relationships among economic indicators, monetary policies, and geopolitical events, the discussions provide historical context relevant to contemporary market dynamics. Episodes frequently feature explorations of derivative products and risk premium evaluations, assessing compensation attractiveness in an era heavily influenced by central bank policies. The format avoids political commentary, focusing instead on market implications stemming from regulatory changes and economic de... more

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Which podcasts are similar to Alpha Exchange?

These podcasts share a similar audience with Alpha Exchange:

1. Flirting with Models
2. Top Traders Unplugged
3. Forward Guidance
4. Macro Hive Conversations With Bilal Hafeez
5. The Market Huddle

How many episodes of Alpha Exchange are there?

Alpha Exchange launched 7 years ago and published 220 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Alpha Exchange?

Recent guests on Alpha Exchange include:

1. Benn Eifert
2. John Marshall
3. Dan Villalon
4. Mitch Garfin
5. Ben Bowler
6. Steven Englander
7. Campbell Harvey
8. Owen Lamont

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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