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 Citywire 20: Investec's du Toit on managing the 'jerk factor'

Citywire 20: Investec's du Toit on managing the 'jerk factor'

Investec boss Hendrik du Toit believes he has become far more decisive over the last 20 years, especially when it comes to managing 'jerk' factor.

Play Citywire 20: Hugh Young's bleak lesson

Citywire 20: Hugh Young's bleak lesson

In the latest video to mark Citywire's 20th birthday, Aberdeen Standard Investments Asia head reminisces about one of the toughest periods in his career.

Play IWD 2019 video: fund and wealth figures define diversity

IWD 2019 video: fund and wealth figures define diversity

To mark International Women's Day, we have spoken to a variety of top fund houses and wealth managers about their definition of diversity, and how they hope to achieve a more inclusive workplace.

Read More
Your Business: Cover Star Club

Profile: Richard Whitehead - 'In my 20s, I was very difficult to work with'

1 Comment Profile: Richard Whitehead - 'In my 20s, I was very difficult to work with'

Dart Capital boss Richard Whitehead is at a pivot point for the business, and looking back to assess where he is, as much as he is looking forward

Wealth Manager on Twitter