Perspectives: Episode 130 – The holiday from history is over
About this episode
Tracey McNaughton discusses the shift from efficiency to resilience in global investment strategies, highlighting the role of private capital in funding infrastructure.
In this episode of Perspectives, Escala Chief Investment Officer, Tracey McNaughton, explores why the world is shifting from efficiency to resilience. Drawing on insights from General David Petraeus, the discussion examines how nations are rebuilding strategic capability, why private capital is increasingly funding critical infrastructure, and what the rise of the Sovereignty Trade means for investors. (0:56) For years investors thought of geopolitics and technology as separate conversations. (2:33) What changed? Why are governments suddenly prepared to sacrifice efficiency in favour of resilience? (5:48) Why does the pursuit of resilience inevitably lead governments back to infrastructure? (6:52) And artificial intelligence is the most recent example of that? (8:24) We've talked about AI as infrastructure. You have spoken to clients about an interesting example in the health sector. (10:59) So, if resilience requires infrastructure, and infrastructure requires investment, are we witnessing the beginning of a new capital cycle? (12:07) Another difference this time around is that many of these infrastructure projects aren't being funded by governments – they're increasingly being…
More episodes of 'Perspectives' by Escala
- Perspectives: Episode 132 - We Need to Talk About Productivity
- Perspectives: Episode 131 – The Price of Sovereignty
- Perspectives: Fund Manager Interview with Paul Moore from PM Capital
- Perspectives: Episode 129 – AI Native: The Great Operating Model Reset
- Perspectives: Episode 128 – Dispatches from the US
- Perspectives: Fund Manager Interview with Richard Blackburn from CVC Capital Partners
Explore listener stats, chart rankings, contacts and more on the 'Perspectives' by Escala podcast page.