Quants Are Key to Survival for This Boutique Manager
- Automation is not about replacing jobs with robots: Frick
- She says firm must grow 5-10% a year to invest in technology
Photographer: Krisztian Bocsi/Bloomberg
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Unigestion SA boss Fiona Frick says her firm needs to grow 5 percent to 10 percent a year just so it can keep investing in the technology that will safeguard the asset manager’s future.
“As a boutique manager you have to be innovative -- if you don’t innovate you die,” the chief executive officer said in an interview from the firm’s offices in the West End of London. “It’s very Darwinistic.”