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Artwork for Alpha Exchange

Alpha Exchange

Dean Curnutt
Risk Management
Volatility
VIX
S&P 500
Inflation
Bitcoin
Options Trading
Gold
Monetary Policy
Derivatives
Central Banks
Investment Strategies
Financial Markets
Market Volatility
Financial Crisis
Exchange-Traded Funds
Equity Derivatives
Federal Reserve
Market Risk
Covid-19

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

PublishesWeeklyEpisodes257Founded8 years ago
Number of ListenersCategories
InvestingBusinessManagement

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Artwork for Alpha Exchange

Latest Episodes

It was a pleasure to welcome Colin Lancaster, Global Co-Head of Discretionary Macro and Fixed Income at Schoenfeld Strategic Advisors, back to the Alpha Exchange. Our discussion focuses on the evolution of the multi-manager model, portfolio construct... more

It was a pleasure to host a discussion with Ronnie Wexler, Global Head of Equities Distribution at Barclays, and solicit his insights on change – in markets, in client relationships and in the growing role of technology across the financial ecosystem... more

I was excited to host this conversation with Rob Flatley, Founder and CEO of TS Imagine, on prediction markets, AI-driven workflows, and the structural changes reshaping financial market infrastructure.

We begin with Rob’s path from software enginee... more

It was a pleasure to host a conversation with Hari Krishnan, Head of Volatility Strategies at SCT Capital, on the changing nature of volatility markets, portfolio hedging, and why commodities may offer increasingly valuable diversification in today’s... more

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Recent Guests

Ronnie Wexler
Global Head of Equity's Distribution at Barclays
Barclays
Episode: Ronnie Wexler, Global Head of Equities Distribution, Barclays
Rob Flatley
Founder and CEO of TS Imagine
TS Imagine
Episode: Robert Flatley, Founder & CEO TS Imagine
Hari Krishnan
Head of Volatility Strategies at SCT Capital
SCT Capital
Episode: Hari Krishnan, Head of Volatility Strategies at SCT Capital Management
Rob Kaplan
Vice Chairman of Goldman Sachs; former President of the Dallas Fed
Goldman Sachs
Episode: Robert Kaplan, Vice Chairman of Goldman Sachs, and former President of the Dallas Fed
Wayne Dahl
Co-Portfolio Manager, Global Credit Strategy at Oaktree Capital Management
Oaktree Capital Management
Episode: Wayne Dahl, Co-Portfolio Manager, Oaktree Capital Management
Dean Curnutt
Founder and host of the Alpha Exchange, sitting in the hot seat as guest for retrospective
Alpha Exchange
Episode: Alpha Exchange 250th Episode: A Retrospective
Alex Kazan
Head of Geopolitical Practice, Brunswick Group
Brunswick Group
Episode: The Shock Heard ‘Round the World: US Government Bonds
Mark Rosenberg
Founder
GeoQuant
Episode: The Shock Heard ‘Round the World: US Government Bonds
Zach Buchwald
CEO and Chairman of Russell Investments
Russell Investments
Episode: Zach Buchwald, Chairman and CEO, Russell Investments

Host

Dean Curnutt
Host of The Alpha Exchange, focused on risk, macro markets, and capital allocation in the alternatives space.

Reviews

4.8 out of 5 stars from 198 ratings
  • Excellent

    Excellent podcast. Informative. I came across it while looking for Mandy Xu interviews— I like her vix analysis — wound up here and I’m hooked.

    Apple Podcasts
    5
    sp312_IOMT
    United States7 months ago
  • Nice Vol Review

    Nice Vol Review

    Apple Podcasts
    5
    san_prod
    Switzerland3 years ago
  • Glad I found it

    Thanks so much for creating it public

    Apple Podcasts
    5
    Collar John
    United States3 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 States5 years ago

Listeners Say

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

Guests consistently bring high-caliber expertise and practical insights.
Dean drives focused, actionable conversations without bias.
Discussions are technically rich and analytically rigorous.
Listeners appreciate the breadth of topics from macro to derivatives, with real-world implications.
The show is viewed as a trusted source for understanding risk in evolving markets.

Chart Rankings

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

Talking Points

Recent interactions between the hosts and their guests.

Hari Krishnan, Head of Volatility Strategies at SCT Capital Management
Q: Tell us a little bit about how you came to write the book and then the big picture thrust of what's in there.
Hari Krishnan describes stumbling into tail risk hedging around 2007, aiming to provide practical protections that respond to worsening market conditions. He outlines how the book presents a framework for hedging that can be efficient and scalable, detailing how tails are fatter on short horizons and how strategies like short-dated gamma hedges and long-dated calls can capture convexity while managing costs.
Wayne Dahl, Co-Portfolio Manager, Oaktree Capital Management
Q: What does your current portfolio construction look like given macro uncertainty and the desire to balance yield and risk?
The approach emphasizes diversifying across liquid credit markets, strategic use of RMBS and shorter-duration high-income instruments, and a disciplined reaction to rate moves, aiming to preserve capital while capturing attractive yields without taking on excessive duration or concentration risk.
Wayne Dahl, Co-Portfolio Manager, Oaktree Capital Management
Q: Take us a little bit through your career history.
Dahl describes starting in convertible arbitrage in the 90s, moving through Canyon Capital Advisors and Prosiris with a focus on risk management, and eventually returning to California to work on Oaktree's global credit strategy, synthesizing those experiences into a cohesive framework for managing risk across rates, credit, and equity exposures.
Robert Kaplan, Vice Chairman of Goldman Sachs, and former President of the Dallas Fed
Q: Tell us just a little bit about, as you sort of think back on your six years running the Dallas Fed.
Rob Kaplan reflects on the balance between structural drivers and cyclical data, discusses the balance of risk and the Fed's stance during major policy shifts, and notes how fiscal policy and regulation shape outcomes alongside monetary policy.
Zach Buchwald, Chairman and CEO, Russell Investments
Q: You'd love to learn a little bit more about how Russell has incorporated privates and private markets into client portfolios; how do you approach that within your framework?
He explains the mix of private markets within Russell's portfolio offerings, the range of client risk tolerances, liquidity considerations, and how private assets are integrated alongside public markets to enhance diversification and outcomes.

Audience Metrics

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Gender Skew
Location
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Frequently Asked Questions About Alpha Exchange

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

The show curates deep-dive conversations with leading practitioners across finance, macro, and risk management, focusing on risk premia, monetary policy, derivatives, and market structure. Episodes emphasize practical frameworks for understanding volatility, credit, and regulatory dynamics, with guests ranging from central bankers to asset managers and fintech founders. Notable strengths include a rigorous, data-informed approach, a willingness to explore complex concepts (e.g., volatility regimes, tokenization, and AI-enabled workflows) and a track record of high-caliber guests who illuminate how macro forces translate into investment opportunities and risk. This program is especially useful for professionals seeking actionable insights on... more

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Which podcasts are similar to Alpha Exchange?

These podcasts share a similar audience with Alpha Exchange:

1. Macro Hive Conversations With Bilal Hafeez
2. Top Traders Unplugged
3. The Market Huddle
4. Monetary Matters with Jack Farley
5. Excess Returns

How many episodes of Alpha Exchange are there?

Alpha Exchange launched 8 years ago and published 257 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. Ronnie Wexler
2. Rob Flatley
3. Hari Krishnan
4. Rob Kaplan
5. Wayne Dahl
6. Dean Curnutt
7. Alex Kazan
8. Mark Rosenberg

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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