Fiduciary Investors Series

The risks building in the US financial system may not come from a single dramatic policy decision, but from the quiet accumulation of individually defensible changes that together encourage excessive risk-taking.

That was the warning from Stanford University economist Ross Levine, who said a series of regulatory and supervisory changes in the US are expanding explicit and implicit government backstops while weakening the mechanisms designed to constrain risk-taking.

In this live recording from the Fiduciary Investors Symposium, hosted by Top1000funds.com at Stanford University in September 2026, Levine examines the “quiet accumulation” of risk across the US financial system and what it could mean for institutional investors.

What is Fiduciary Investors Series?

Through conversations with academics and asset owners, the Fiduciary Investors Podcast Series is a forward looking examination of the changing dynamics in the global economy, what a sustainable recovery looks like and how investors are positioning their portfolios.
The much-loved events, the Fiduciary Investors Symposiums, act as an advocate for fiduciary capitalism and the power of asset owners to change the nature of the investment industry, including addressing principal/agent and fee problems, stabilising financial markets, and directing capital for the betterment of society and the environment. Like the event series, the podcast series, tackles the challenges long-term investors face in an environment of disruption, and challenges investors to look differently at how they make decisions and allocate capital.