A New Era: Richard Oldfield on the Future of Schroders and the Asset Management industry
Most CEOs take years to make their mark. But after three decades dissecting and helping other people’s businesses at PwC, our guest today spent just two years inside Schroders before deciding it was time to sell the 222-year-old business. In this conversation, Richard Oldfield explains why he was convinced it was the right path to take, and why the family-controlled business and its board were persuaded. He describes the irresistible forces changing the investment business and specifically analyses the co-existence of private and public assets, the potential paths of passive and active…