Navigating Regulations and Embracing AI in Investment Strategies | 2min snip from In Good Company with Nicolai Tangen

Speaker 1
We've started
Speaker 2
to see that correct, but those scars take a while to heal. Is there a danger that in order to attract companies, you loosen up on the rules and regulations to the extent that it becomes,
Speaker 1
you know, Wild West? Well, that's the argument that a lot of people will make. The other question is if you take no risk, you don't get a return. And so I think the answer is you have a set of rules. And if companies abide by those rules, they can list in the UK. And then it's for active managers to choose which they want to own and which they don't want to own. And I think the UK has always been good at active risk taking. And I think you're slightly careful that you don't set a set of rules which are so prohibitive
Speaker 2
that no one wants to be here. And that's where we were five years ago. That's changed. Do we need a unified European equity capital market? And will we get it? No. AI, how is that going to change the way you do things? Everything. In what ways?
Speaker 1
Well, I
Speaker 2
think it fundamentally changes
Speaker 1
the landscape of the companies we invest in. In the very short term, we will spend a lot of time trying to do things better. In the, probably far more quickly than we realize, we will find we do things very, very, very differently. And the moment we're all thinking about the better bit, but actually the real change will come from when we do it differently. So I think the first place we'll see a major change is in wealth because my sense is that people will turn to their beautiful AI assistant who will know them better than anybody and ask them for wealth advice in a way that they currently ask people. And I don't believe our portfolio managers are different from any other industry. If AI is helping understand the human genome backwards, the microbiome backwards, it can certainly help you become a better investor. I think it's beholden on us to make sure those tools and that data is in front of our portfolio managers when they make decisions.

HIGHLIGHTS: Peter Harrison - CEO of Schroders

In Good Company with Nicolai Tangen

Remember Everything You Learn from Podcasts