In Good Company with Nicolai Tangen Schroders CEO: Navigating industry shifts, family ownership and embracing risk
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Oct 30, 2024 
In this engaging discussion, Peter Harrison, CEO of Schroders, shares insights from one of Europe’s leading asset managers. He emphasizes the critical shift towards private markets and the transformative role of AI in investment strategies. Harrison also highlights the need for resilient teams and strong leadership, advocating for a culture that embraces risk. Reflecting on challenges in the UK market post-Brexit, he frames the importance of adapting to geopolitical dynamics, especially in China. A must-listen for those navigating the evolving finance landscape!
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Longevity Secret
- Committed long-term ownership allows businesses to adapt and evolve.
- This is key for surviving for centuries, like Schroders, backed by a family with a 20-year vision.
Industry Shifts
- Investment management has changed drastically in the past decade: passive and private investments grew, fees collapsed.
- Public companies are declining as private companies rise, along with governance and climate agendas.
US vs. UK Finance
- American financial firms succeeded due to their large domestic market, enabling scale and investment in technology.
- UK companies didn't adapt as well, choosing to shrink rather than invest for growth in a changing market.
