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<p>Our guest this week is Mike Pyle of BlackRock. Mike is managing director and deputy head of the Portfolio Management Group, which encompasses BlackRock’s fundamental and systematic investing teams across fixed income, equities, and multi-asset. He has also served as BlackRock’s chief investment strategist and portfolio manager of the Tactical Asset Allocation Team. Prior to and in between stints at BlackRock, Mike served extensively in government. He held economic policy roles in both the Obama and Biden administrations, participating in summits and negotiations. Mike holds degrees from Dartmouth, Yale, and Cambridge.</p><h2>Background</h2><p><a href="https://www.linkedin.com/in/mike-pyle-1b3398347/" target="_blank">Bio</a></p><p><a href="https://www.morningstar.com/funds/xnas/bdmix/quote">BlackRock Global Equity Market Neutral Institutional</a> BDMIX</p><h2>Tariffs, Policy, and Hedge Funds</h2><p>“<a href="https://www.bloomberg.com/news/videos/2025-05-13/us-resilience-has-been-unde...