All episodes of Masters in Business

Masters in Business · 2025-12-06 · 69 min · 12,615 words

How to Think About Alternatives with JPMorgan's Alternative Asset Management CIO Paul Zummo

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AI is entering its most consequential phase where scale, safety and sovereignty will determine who leads and who lags. Join Bloomberg Tech in London on November 2nd and 3rd as global leaders across business, finance and policy examine the defining trade-offs shaping the future of AI. Thank you to our presenting sponsor Salesforce and supporting sponsors IDA Ireland and Schneider Electric. Learn more at BloombergLive.com slash Tech London. Bloomberg Audio Studios podcast radio news.

This is Masters in Business with Barry Rithholz on Bloomberg Radio. On the latest Masters in Business podcast, I sit down with Paul Zumo. He's chief investment officer at JP Morgan's Alternative Asset Management. He co-founded this group back in 1994 with essentially pocket change. It now runs over $35 billion in assets for institutions and high net worth investors at JP Morgan.

Really just a fascinating concept of everything about how to stand up a division within a large company, how to think about alternatives, how to recognize when an industry may be average, but the best players in that industry generate significant alpha. I thought this was fascinating and I think you will also. With no further ado, JP Morgan's Paul Zumo. Paul Zumo, welcome to Bloomberg.

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