Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

CEO Tapes: dangerous data and great technology

This was meant to be a CEO Tapes discussion which gave specific examples of how access to new sources of data could make fund managers better investors.

But we quickly veered off into the controversial area of some data sets being made available to a few or maybe one fund manager prepared to pay a lot for it.

The participants were animated in their objection to this.

There needs to be sound practices making the data available to all. Then fund managers could bring their insights to it, and the quality of those insights would differentiate them.

The discussion then turned to technology and the huge impact it is and will continue to have on fund management and distribution. 

One participant gives an example which has “completely transformed” the way they have been investing. Wisdom and judgement (from the humans) will still be important for the foreseeable future on the fund management side.

From the customers’ point of view there are times when they might prefer an automated system to deal with and others when they want a human. The reality is people want both, says one of the CEOs.

The participants were:

*Andrew Schlossberg - chief executive officer, Invesco EMEA

* Hanneke Smits - chief executive officer, Newton Investment Management

* Lucy Macdonald - chief investment officer global equity, Allianz Global Investors GmbH

* Sridhar Chandrasekharan - global chief executive officer, HSBC Global Asset Management

You can view the previous two episodes of the CEO tapes below: 

CEO Tapes: women - ask what's in it for you?

CEO Tapes: ESG - we need to get better at the 'G'


Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Hugh Young: the buck stops with me on Asia recovery

Hugh Young: the buck stops with me on Asia recovery

The Veteran Asia Pacific fund manager discusses how he is going to improve the performance of Aberdeen Standard Asia Focus and the other investment trusts run by his team.

Play Tim Steer: fund managers will have to get 'stuck in'

Tim Steer: fund managers will have to get 'stuck in'

The second part of our film with former Artemis and New Star fund manager Tim Steer looks at how his profession has evolved over the past two decades.

2 Comments Play Tim Steer: how to spot a stock disaster coming

Tim Steer: how to spot a stock disaster coming

The former Citywire AAA-rated fund manager has written a book on 22 stock disasters and how forensic examination of annual reports could have spotted them coming.

Read More
Your Business: Cover Star Club

Profile: 'Growing pains' - inside a boutique profit battle

2 Comments Profile: 'Growing pains' - inside a boutique profit battle

South London-based Fowler Drew has moved back into the black after spending a couple of years in the red

Wealth Manager on Twitter