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Future State

by State Street
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Latest episodes

  • From Plumbing to Operating System: The Future of Custody

    October 6, 2026 · 25 min

    Custody is being transformed from a post-trade utility into strategic market infrastructure. As AI, data, digital assets, faster settlement, cyber risk and real-time cash converge, the winners will be the institutions that can make…

  • What’s Really Driving Inflation? Rethinking Price Signals in Real Time

    September 22, 2026 · 19 min

    What’s really driving inflation today? In this episode, Rajeev Bhargava, Head of PriceStats, and Marvin Loh, Senior Macro Strategist, explore how investors can move beyond lagging inflation indicators using real-time pricing data. Discover…

  • From Assets to Outcomes: The New Retirement Imperative for Wealth Management

    September 17, 2026 · 14 min

    As retirement evolves from a savings goal into a decades-long income challenge, wealth management must evolve with it. Jennifer Stokes, Head of Wealth Custody and Clearing at State Street, explores how longevity, personalization…

  • The Changing Economics of ETFs

    September 1, 2026 · 19 min

    ETFs have moved from disruptive challenger to a dominant force in global investing—and the conversation is shifting from growth to economics. In this episode, Jeff Sardinha, Global Head of ETF Solutions at State Street, joins hosts Tadhg…

  • Defending the financial system in the age of AI

    August 25, 2026 · 20 min

    In this episode, Nick Adam, Deputy Chief Information Security Officer at State Street, explores how AI is reshaping both cyber threats and cyber defense. From industry collaboration initiatives like Project Glasswing to the growing…

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  • The Growing Importance of Liquidity in Private Markets

    August 18, 2026 · 15 min

    In this episode, Scott Carpenter, Global Head of Alternatives, and Ken Grogan, Global Head of FX Sales for Alternatives, discuss insights from our fifth annual Private Markets Study. They examine the rising importance of liquidity as…

  • The Eurozone and Stablecoins

    August 4, 2026 · 20 min

    In this episode, Elliot Hentov, Chief Macro Policy Strategist at State Street Investment Management, and John Orchard, Chairman at OMFIF Digital Monetary Institute, discuss how digital money and stablecoin innovation could create new…

  • Scaling the Future of Private Markets

    July 21, 2026 · 15 min

    In this episode of Future State, hosts Anna Bernasek and Tadhg Young speak with Yvonne Garcia, Head of Asset Manager Clients, North America at State Street, about the next phase of growth in private markets. Drawing on insights from State…

  • The signals emerging from the State Street Markets Research Retreat

    July 9, 2026 · 20 min

    What makes the State Street Markets Research Retreat one of the industry's most distinctive investor events? In this episode, join Michael Metcalfe, Head of Macro Strategy at State Street Markets, as he shares the history and evolution of…

  • The Irish EU Presidency and Why It Matters

    June 25, 2026 · 20 min

    As Ireland prepares to assume the EU Council Presidency in July 2026, Future State explores the implications for Europe’s financial services landscape. With key reforms underway across retail investment, pensions and UCITS, the episode…

  • A Sneak Peek at State Street’s 5th Annual Private Markets Survey

    June 16, 2026 · 13 min

    State Street has been tracking private markets longer—and more deeply—than most in the asset servicing industry. In this sneak peek of our fifth annual Private Markets Survey, we reflect on five years of findings and explore what’s new in…

  • The ETF Signals heard across three continents

    June 1, 2026 · 21 min

    As ETFs continue to evolve from a product wrapper into core market infrastructure, global perspectives are becoming increasingly important. In this episode of Future State, we explore how the ETF landscape is changing across regions—and…

Full episode archive on Apple Podcasts →

About the show

Future State is a bi‑weekly investing podcast focused on the future of asset management, financial markets, and investment innovation. Hosted by Tadhg Young and Anna Bernasek of State Street, the podcast explores how technology, data, and product innovation are reshaping the business of investing. Each episode features industry leaders and subject‑matter experts discussing the trends that matter most to institutional investors—AI, digital finance, ETFs, alternatives, regulations, operational transformation and more—helping listeners stay informed, competitive, and future‑ready.