What podcasts say about Adam Dwinells
Every statement, with the speaker, the exact quote and the moment it was said.
What Adam Dwinells has said on podcasts
19 statements · 17 positive · 1 negative · 1 mixed
Electronic credit-market infrastructure is reducing barriers and accelerating systematic strategy adoption.
“those kind of changes have led to reduced barriers to entry to systematic strategies, which is another driving reason why I think they're taking off today.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 3:34
Individual credit bonds often deviate from fundamental fair value, creating relative-value opportunities.
“what we often see is quite a lot of cross-sectional dispersion opportunities. where individual bonds may deviate from their fundamental fair value.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 11:25
Avoiding fundamentally deteriorating firms can generate excess credit returns.
“if you can identify firms that are fundamentally deteriorating, and keep them out of your portfolios, you can produce excess return.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 16:55
Investment-grade technology issuers offer potential excess spread despite heavy debt issuance.
“we think there's some very interesting opportunities for investors there to earn excess spread relative to the market with some very high quality balance sheets”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 18:46
Structural credit models can assess companies undergoing major capital-structure changes.
“it's an example of something that's a very good use case for the type of structural model that we use to assess credit risk, I think.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 20:25
Less-correlated spread sources improve diversification in credit portfolios.
“it's certainly helpful when there's sources of spread that we can access that are driven by different factors or are less correlated with the market broadly.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 22:13
AI coding assistants produce over 90% of Blackstone’s newly written code.
“Over 90% of the code that we're writing today is being done with various different coding assistants.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 26:02
- on AI-native investment tools at BlackstonePositiveOct 8, 2026· The Credit Edge by Bloomberg Intelligence
AI-native tools will enter Blackstone’s investment process within a few years.
“if we're sitting here talking a couple of years from now, they certainly will be in the investment process.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 27:58
Current credit spreads are tight while overall credit quality is high.
“spreads are reasonably tight and credit quality is really high.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 30:13
- on Corporate credit-market liquidity disruptionsPositiveOct 8, 2026· The Credit Edge by Bloomberg Intelligence
Future corporate-credit liquidity disruptions are likely to be short-lived.
“if we do have an event that causes a meaningful removal of liquidity for the market, it's quite likely to be short-lived.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 33:04
Post-shock credit-market rationalization tends to generate excess returns for systematic strategies.
“the sorting out period turned out to be a fruitful source of excess return as rationalization returned the market.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 34:49
Systematic credit managers are not yet large enough to drive correlated market-wide sell-offs.
“we're quite a ways away from having a concern of correlated sell-offs driven by a subset of systematic. players.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 35:20
Systematic credit investing is transparent because it is rules-based and repeatable.
“Systematic is rules-based, process-oriented, repeatable, consistent. And so once you understand what it's trying to do, it's incredibly transparent.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 37:33
Systematic credit strategies have delivered benchmark-beating, risk-adjusted returns, increasing investor interest.
“Systematic has been delivering that. And so you're seeing a wave of interest.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 40:53
Systematic credit investing can become a $100 billion business.
“this can and should be a $100 billion business”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 43:38
Systematic approaches will manage a much larger share of credit markets within two years.
“this could be a much, much bigger business and a much bigger segment of the overall credit markets can be managed with systematic approaches over the next two years.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 44:02
Credit’s systematic-strategy share could eventually approach equities’ 20–25%.
“over the next decade, I think that's a very reasonable possibility.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 44:47
Backtested systematic-credit performance does not establish real-world excess-return delivery.
“it's very different to be able to produce a backtest that looks like it's going to do well in systematic credit. That's a very different proposition than actually delivering excess returns in the real world to investors.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 45:51
Systematic credit strategies could become widely adopted globally.
“it has the potential to be a very widespread and widely adopted product.”
Open the episode · Blackstone Is Predicting a Big Surge in Quant Credit InvestingListen at 47:39
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.