Alpha Exchange · 2026-06-02 · 59 min
It was a pleasure to host a discussion with Ronnie Wexler, Global Head of Equities Distribution at Barclays, and solicit his insights on change - in markets, in client relationships and in the growing role of technology across the financial ecosystem. We begin with Ronnie’s early years at Goldman Sachs during the final stages of the technology bubble and the sharp market reversal that followed. He reflects on how periods of market stress, from the post-dot-com bear market to the GFC, have shaped his perspective on risk and the importance of being adaptable in markets that are constantly moving. The conversation then turns to the changing structure of institutional investing. Ronnie discusses the growth of hedge funds in pursuit of industrial-scale alpha generation, highlighting how client needs have become increasingly cross-asset, and solutions-oriented. He explains how a sell-side equities business today functions as an integrated ecosystem that spans prime brokerage, derivatives, electronic trading, and financing. A major theme throughout the discussion is the accelerating pace of technological change.
The Three Types of Risk-Off82 / 100Aaron Brown, Wall Street Quant and Author: Wrong NumberDavid Dredge, Founder and CIO, Convex StrategiesSamir Patel, Global Head of Global Market Sales, Nomura SecuritiesColin Lancaster, Global Co-Head of Discretionary Macro and Fixed Income at Schonfeld Strategic Advisors