Asset Management

Martin Gilbert: Asset managers must be paranoid to survive

Be wary — talk of a ‘new normal’ may result in a period of inertia

Asset managers cannot rest on their laurels as huge shifts occur, Gilbert says
Asset managers cannot rest on their laurels as huge shifts occur, Gilbert says Photo: Newsline Media Limited

Andy Grove, the former Intel co-founder and chief executive, once said that “success breeds complacency”.

It is five years since Grove sadly passed away. His life story of fleeing war-torn Europe after the Second World War, graduating from the University of California and establishing a global PC company is inspirational.

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