Sanlam must be 'a disruptor' to take on UK giants

Firm urged to be more ambitious in growth plans

Mike Sheen
clock • 1 min read

Sanlam Investments must "adopt the mindset of being disruptors" in order to achieve its growth goals, according to head of asset management Tom Carroll, who said the firm needs to build-out its thematic offering if it is to compete with UK industry "giants".

Speaking last week, Carroll provided an update on Sanlam Investments' strategy of building out its thematic fund range as part of its 2019 three-year plan to fuel business growth. Last year, Sanlam Investments closed a series of deals, bringing in a fixed income team from Tideway, a global equity team from Martin Currie and real estate expertise from Catalyst.  In February, the firm took over eight Smith & Williamson Investment Management funds, including the £629m Artificial Intelligence strategy. Carroll said the firm had made progress on its "need to strengthen depth across the ...

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