The asset management industry in Scotland – and the rest of the UK, for that matter – is grappling with a problem that cuts to the very heart of its existence. No, it’s not the pressure on fees. Nor is it investors growing love affair with passively-managed funds.
Fund managers are suffering from a dearth of fund managers. If not tackled robustly, the problem may persist for many years to come.
Why are fund managers in such short supply?
Being a fund manager is viewed as a glamorous and lucrative career – certainly within the context of the financial services