Episode 357: Ryan Boothroyd of Border to Coast Pensions Partnership: On Partnering and Stewardshi...

Ryan Boothroyd is Head of External Management at Border to Coast Pensions Partnership. We start by learning about his path into finance - some of his early interests that were from far outside finance.  from a non-finance background, early career “wobbles,” and formative mentors.  Ryan explains his investment beliefs: skepticism about consistent active outperformance, whey to have a high bar for manager skill, what he thinks of efficiency in markets, and a shift from contrarian valuation to greater respect for momentum and catalysts.  He describes what makes effective external partnerships- mutual understanding, proactive support, and feeling like an extension of the team rather than a simple offering of “bells and whistles.” Ryan discusses Border to Coast’s growth priorities: demonstrating benefits of scale beyond cost savings, institutionalizing processes, and exploring AI cautiously. In addition, we cover developing advisory and investment management services, a coherent fund range, his sustainability master’s, stewardship impact, and the nascent “nature” investment opportunity set, This podcast is kindly sponsored by Benefit Street Partners and PIMCO. Founded in 2008, Benefit Street Partners – BSP – is Franklin Templeton’s specialised private credit manager with $92 billion in assets under management.    The firm provides a wide range of private credit strategies across the US, Europe, Middle East and Asia Pacific, including direct lending, special situations, commercial real estate debt, infrastructure debt, asset backed finance, structured credit and liquid credit.   PIMCO (Pacific Investment Management Company LLC) is a premier global investment management firm founded in 1971, specializing in active fixed-income with over $2 trillion in assets under management. Headquartered in Newport Beach, California, it offers diversified investment solutions across public and private markets, serving institutional and individual investors worldwid