Nomura Holdings ($NMR) podcast mentions
Timestamped Nomura Holdings ($NMR) mentions across our podcast corpus.
Traders, welcome to an exciting episode of Chat with Traders. Today we're going to learn from an experienced global macro portfolio manager how he turned turns policy, liquidity, market structure, and price into actual trades, and why timeframe, adaptability, and risk management matter more than being right all the time. Uh, so today we are joined by Andrew Perry, the founder of Macro Pillars. Andrew, he spent more than 35 years at the intersection of institutional macro research, foreign exchange trading, and active portfolio management. His career includes running foreign exchange risk and helping build internal investment funds at Commonwealth Bank of Australia, uh, 5 years of portfolio manager at Tudor Investment Corporation under Paul Tudor Jones, and then later serving as a managing director and portfolio manager at Nomura. Those experiences eventually contributed to the development of Macro Pillars.
Aaron Fifield · Chat With Traders · What $450M Portfolio Manager Learned From Paul Tudor Jones · 2026-10-14Well, definitely all the above. I think my observation is that, I mean, I think, you know, this is a, I'm sure Peter made this yesterday. I don't know Peter, by the way, but I I do respect his work a lot and he's a bit older than I am, but I'm 58, so I've been around a bit. I would argue, look, it's a game of patience. There's always another train at the station. Don't think you're going to miss it. You got to stay. It's a long game. Sometimes, for example, I was fortunate that I was living in Singapore in 2012, 2013. I was working for Nomura and just by chance they had a gutful, they being the Bank of Japan. And the government. So they came in with a new administration under Abe and they decided to basically really monetise these circumstances. So Dolly went from 80 to 115 in like 6 weeks. Nikkei doubled and that was a trade.
Andrew Perry · Chat With Traders · What $450M Portfolio Manager Learned From Paul Tudor Jones · 2026-10-14Yeah, so the best way to think about financial conditions indices is that they are an amalgamation of equity volatility. So equity volatility has been really low, really low. Yeah, there's arguments. Nomura made a great argument last week and saying all of these investors who are putting, effectively doing these like call option strategies to increase income, selling call options to increase income from their existing portfolios, that's effectively suppressing volatility. You see volatility suppression in a whole bunch of other ways in the equity, in the options market. Also within financial conditions are equity valuations, which have fallen, but credit spreads are included as well. You have liquidity markets. So if you look at short-term funding liquidity, that has remained very well contained. The dollar is part of it. Interest rate levels are part of it.
Cameron Dawson · Thoughtful Money with Adam Taggart · It's A New World Order For Markets | Cameron Dawson · 2026-10-13