The AI productivity lift-off and opportunities in alternative assets
Different opinions 'make a market' and enrich the debate. A firm that lends to and owns companies directly sees them from the inside — their margins, their financing costs, their operating decisions — and that view often surfaces well before it reaches the macro data.
For this episode, we're delighted to sit down with Torsten Slok, Partner, Chief Economist at Apollo Global Management. Our discussion compares what we see in the macro data and in Apollo’s direct investments, and the key observations from public and private markets.
Are we already seeing real world productivity gains or will higher borrowing costs or disappointing returns halt the investment? And with market leadership evolving, how should investors think about diversification and the role of alternatives in portfolios?
The accompanying CIO Exchange report is available exclusively to HSBC clients. If you’re interested, please reach out to your HSBC Relationship Manager or Investment Counsellor.
In this video, Willem Sels, our Global CIO, and Torsten Slok, Partner and Chief Economist at Apollo Global Management, get together to debate and discuss on:
- Is AI productivity gain keeping up with the investment boom
- Will higher yields tighten credit conditions and curb risk appetite
- How do alternatives fit in today’s portfolios
- If the US builds AI, where do the next leg of global gains come from