Are we relevant to our clients? This is the question one of the top four asset management CEOs ask in the seventh instalment of our series.
Merger activity may be driven by an urge to stay relevant, according to Investec's Hendrik du Toit. On the other hand, competition with companies across the US is another factor driving acquisitions, says Martin Gilbert, CEO of Aberdeen.
In another lively discussion held at Citywire’s London HQ and chaired by Citywire executive chairman Lawrence Lever, the CEOs discuss why asset managers need scale and the factors that will drive it.
The four CEOs were:
· Martin Gilbert, Aberdeen Asset Management
· Richard Buxton, Old Mutual Global Investors
· Anne Richards, M&G Investments
· Hendrik du Toit, Investec Asset Management
You can see other videos in the series below