Fintech key to industry future, says Aberdeen chief
Martin Gilbert, CEO of Aberdeen AM, foresees partnerships and acquisitions between fund houses and financial technology firms, saying the spend on digital needs to be massive.
Asset managers will need to invest heavily in their digital offering amid a generational shift among savers and advances in technology, says Martin Gilbert, chief executive of Aberdeen Asset Management.
Speaking to AsianInvestor about the future of the asset management industry, Gilbert pointed to financial technology (fintech) firms as at the heart of this story. Such start-ups provide software solutions to financial services firms.
Gilbert is putting his money on a wave of new…
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