Asset Managers can learn a lot from Gen Z: Merryn Somerset Webb

In the world of investment, experience and credentials often reign supreme. Yet, a surprising trend has emerged, shaking the foundations of traditional wisdom. In the UK, seasoned fund managers find themselves outpaced by a new breed: young, unencumbered amateurs. Despite lacking formal education and industry accolades, these novices boast impressive returns, leaving seasoned pros in their wake. As the industry grapples with this paradigm shift, questions arise: Is traditional expertise losing its edge? Can the allure of passive investments be countered? Amidst this uncertainty, a beacon of hope emerges: artificial intelligence. But alongside technological innovation, a call for true active management resounds—a return to fundamentals, a rejection of benchmark constraints, and a pursuit of absolute returns. In this evolving landscape, embracing risk becomes the cornerstone of success.

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By Merryn Somerset Webb

Imagine you're an investment pro at one of the UK's big asset managers. You've been doing this for 20 years, made many hundreds of company visits and listened to thousands of brokers' calls.

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