The Outlook for U.K. Private Debt

With Europe concerned about the long-term impact of the war in Ukraine as well as the likelihood of recession, the private credit and equity market is wondering what’s next. Globally, transactions are down from 2021 levels, despite nearly $2 trillion in private equity dry powder. Competition is increasing, with banks reported to be developing global […]

The Outlook for European SPACs

SPAC fever is cooling off, and that’s good. Due to the frenzy of global issuance last year — 613 initial public offerings valued at about $500 million — there are now a little more than 650 special-purpose acquisition companies (SPACs) in existence with $170 billion in proceeds. They are all searching for a rather limited […]

India’s Shadow Economy Needs Fixing, but How?

India’s government faces a number of complex economic decisions as it navigates an uncertain COVID recovery and rising global inflation. Because of unique challenges that come from its massive informal economy, the country’s policy leaders may not have a lot of room to change from their current expansionary fiscal policies and deficit spending, and that […]

Australia Economic Outlook 2022

Assessing this year’s growth prospects for the Australian economy, as well as growth prospects globally, is essentially a matter of arithmetic. The Three “Ps” Driving Economic Growth As the Australian Treasury pithily put it, three “Ps” drive economic growth: population, the proportion of the working population, and each worker’s productivity. Those numbers determine GDP. The […]

CEO Survey 2022: An Optimistic Outlook for the Year Ahead

For the last three years, GLG has surveyed CEOs around the world about the year that has gone by and their expectations for the one to come. This year’s GLG CEO Survey is global, with executives from every region and across a wide range of industries. The custom panel, drawn from GLG’s network of approximately […]

Low Vaccination Rates and High Debt Threaten Africa’s Recovery

African countries will recover from the pandemic at three different speeds. Meanwhile, debt sustainability risks will rise again from early 2022 onward, according to the International Monetary Fund and World Bank. The debt of low- and middle-income countries in Sub-Saharan Africa increased to a record $702 billion in 2020, more than double the level in […]

The Impact of the U.S.-China Trade War on Southeast Asia Economies

Through the lens of the pandemic, the economic outlook for Southeast Asia continues to brighten. To be sure, COVID continues to weigh on the economies of the region and is likely to do so for the foreseeable future. Fortunately, trade in goods has done well so far this year due to the strength of the […]

Dealing with China’s New Policies on Business

Recent economic policy changes in China are likely to have significant implications for non-Chinese companies doing business there. To discuss what may be coming, GLG’s Jenna Moore recently met with Craig Allen, President of the U.S.-China Business Council, and George Magnus, an independent economist and Research Associate at the China Centre at Oxford University and […]

The Economic Risks of Australia’s COVID-19 Lockdowns

Are Australia’s economic fortunes in terms of recovering from the early stages of the COVID-19 pandemic coming to an end? Australia’s economic performance, along with that of New Zealand and Taiwan, has been better than that of almost any other advanced economy. It is among only a few advanced economies where the level of real […]

Is Inflation Coming to the United States?

On June 23, GLG held a Remote Roundtable for select clients with Dr. Anthony Chan, former Chief Economist at JPMorgan Chase. During the event, entitled “Inflation Metrics and Indicators — Impact of Modern Monetary Theory,” Dr. Chan discussed the key metrics around short- and long-term inflation, the role of international pricing today versus the 1970s, […]

The Chinese Enterprise: Secrets to Building a Global Brand

Recently, an increasing number of Chinese companies have gained more mindshare among overseas consumers and performed well in mobile, cross-border e-commerce, fintech, automotive, and other industries. However, challenges in the market often stem from different cultural backgrounds. To address these challenges, many enterprises need to gain a comprehensive understanding of overseas markets, consumers, and trends. […]

Southeast Asia’s Digital Economy: An Update  

Before the coronavirus pandemic, the economies of Southeast Asia were undergoing major transformations due to widespread digitization. COVID-19 has only hastened the changes. To look at how technology is rapidly reshaping the region, GLG recently met with three executives whose perspectives offer unique insights: Howard Soh, former Head of Strategy and Corporate Development at Sea […]

Speaker Biographies

Hilary Malone PhD, has over 25 years of experience in global drug development, regulatory &government affairs, manufacturing and commercialization within the biopharma industry. Hilary hassignificant board level and executive committee experience including large scale organizationalrestructuring/transformation/integration, major M&A, biotech start-up, capital raising, investorrelations and pre-IPO.​

Hilary is currently CEO of Stylus Medicine, a private genetic medicine biotech company. Previously sheserved as CEO of a Series-A neuroscience company. Prior to these roles, Hilary served as COO & EVP atValo Health Inc., Chief Regulatory Officer & SVP at Sanofi Inc., and Chief Regulatory Officer & SVP atPfizer and Wyeth. Previous experience also includes senior regulatory and drug development roles atReata Pharmaceuticals Inc., AstraZeneca plc and GlaxoSmithKline plc.​

Hilary also serves on the Board of Directors of Hansa Biopharma and Adthera Bio. Hilary holds a PhD inMolecular Neuropharmacology and a BSc in Physiology.

Dr. Thomas Lönngren is Director at his own company PharmaExec Consulting AB. He is the Chairman of the Board of directors at Egetis Therapeutics AB, Sweden. Dr Lönngren also serves as board member at Compass Pathways PLC, London UK and NDA Group, Sweden. He acts as advisor to the following companies and organizations: NDA group, Sweden, Sweden, Artis Venture, San Francisco, US, Fujimoto Japan, Skin2Neuron Pty Ltd, Sydney, Australia, US, Special advisor to the Centre for Innovation in Regulatory Science (CIRS), London UK. From 2001 until2011, Mr.Lönngren served as the Executive Director of the European Medical Agency. He was previously Deputy General Director of the Swedish Medical Product Agency until 2000. He has a degree in pharmacy and MSc in Social and Regulatory Pharmacy from Uppsala University. He is also an Honorary Member of the Royal Pharmaceutical Society of Great Britain, Honorary Fellow of the Royal College of Physicians in Great Britain, Honorary Doctorate from the University of Uppsala, Honorary Doctorate from University of Bath, UK.

Speaker Biographies

Marie-Anne Aymerich

Marie-Anne has built a portfolio of senior advisory and non-executive roles, following a successful international career in the FMCG and Luxury sectors. She is a non-executive director of Haleon, a FTSE100 company listed in 2022 after the demerger from GSK. She is also chairwoman of Haleon Environment and Societal Sustainability committee. She is the executive director of the Pierre Fabre Group where she also sits on the Strategic Committee, and she is a Board Member of The Academy of St. Martin-in-the-Fields, one of the world’s most prestigious chamber orchestras. She is also an angel investor and focuses her time and investments on start-ups with the strongest purpose and impact.

Marie-Anne is also a regular lecturer at HEC Paris on purposeful leadership, and she has created a serious game called “Planet Purpose” to upskill people on sustainability and purpose. Throughout her 35year executive career she delivered a strong track-record of business performance and growth in brands and portfolio in both developed and emerging economies.

As a senior leader with Unilever, she led a number of different personal care categories across France, Spain and the USA – including managing the Dove brand worldwide and culminating in leading Unilever’s global Oral Care division. She also worked for LVMH as Brand General Manager of Dior Perfumes and Cosmetics worldwide. Marie-Anne was also Vice-President of Imagine for Margo – Children with Cancer for ten years, a charity she helped found in 2011 with the goal of eradicating children’s cancer. The charity is the #1 charity focused on child cancer in France and has fundraised more than €14m since its creation. Marie-Anne is a graduate from HEC Paris. She is married and has two children aged 29 and 26.

Patrick Jephson

Patrick Jephson is a consultant, journalist, broadcaster and New York Times bestselling author, based in Washington D.C. He is a published authority on corporate and personal branding and crisis communications, addressing conferences worldwide as well as events at the U.S. State Department, the American University and the Annenberg School for Communication and Journalism.

With more than twenty-five years’ experience in the government, luxury and family office sectors, Patrick’s portfolio has included globally admired brands as well as national agencies and NGOs. He has also worked on reputation and legacy briefs with European, Middle Eastern and Asian families, including royalty. He now writes, presents, and advises on factual and drama TV programs, appearing on every major American and many international networks. He was recently an expert consultant to the award-winning Netflix series The Crown and provided live commentary on the Coronation of King Charles.

Patrick owes much of his practical communications and protocol experience to Princess Diana, who chose him to be her equerry and only private secretary/chief of staff. He served the Princess for eight years, responsible for all aspects of her public life, global humanitarian initiatives, and private organization. Having worked for an internationally high-profile woman (and as the father of two professionally successful daughters) he feels a special affinity for cross-cultural, gender and perception issues.

Patrick was born and raised in Ireland and holds a master’s degree in political science from Cambridge University. As an officer in the British Royal Navy, he served all over the world before being selected for royal duty. He is a citizen of the U.K., U.S.A., Ireland, and Canada.