The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:The Three Impacts of Fintech, According to a Retired Fundster Chief Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, March 09, 2018

The Three Impacts of Fintech, According to a Retired Fundster Chief

Reported by Neil Anderson, Managing Editor

A freshly retired ex-chief of an asset management titan recently joined a Bay Area venture capital shop focused on the financial technology sector. Yet he may take on more new ventures soon, too.

"I'm building a portfolio of activities, some business, some philanthropy," Doug Hodge tells MFWire. "I'm not ready to go into ... permanent retirement."

Hodge, the former Pimco CEO who retired in December, has already added at least one piece to that portfolio: he recently joined San Francisco-based Sway Ventures as a venture partner. Since he's not an operating partner, Hodge notes, the role is not a full-time one, meaning he still has more of that portfolio of activities to flesh out.

Hodge puts his work with Sway in the context of digital technology (specifically artificial intelligence, big data, and machine learning) "transforming industry after industry." Yet in financial services, he says, it's "just scratched the surface."

The way Hodge sees it, fintech is affecting financial services in three broad ways: 1) by "redefining the client experience"; 2) changing "how markets operate" and even creating "new marketplaces where financial transactions can take place"; and 3) in risk management.

In asset management in particular, Hodge says, PMs and other fundsters have to figure out how to "extract information or establish relationships from all this historical data that you're trying to manage." And he also sees fintech transforming "how asset managers interface with clients", both institutional and individual.

"The consumption of information is just extraordinary," Hodge says.

An alumnus of both Dartmouth and Harvard Business School, Hodge worked as a bond trader before joining Pimco in 1989 and spending the next 28 years at the company.

"This is a new part of the investment universe for me," Hodge says of fintech. "I've been a bond guy." 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  2. FinReg Outlook 2021, March 10
  3. Irish Funds North American Digital Seminar, March 11
  4. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  5. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  6. Women for Impact - A Call to Action, March 16
  7. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  8. Expect Miracles Foundation's Virtual Mystery Game Night, March 24
  9. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  10. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  11. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  12. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  13. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  14. ETF.com Awards 2020, April 20
  15. The 31st Sub-Advised Funds Forum, Apr 20-21
  16. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  17. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  18. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  19. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  20. ICI 2021 General Membership Meeting - Day 1, May 6
  21. ICI 2021 General Membership Meeting - Day 2, May 13
  22. 2021 FINRA Annual Conference, May 18-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  25. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  26. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use