A call for compassion in investment

Asset management will be renewed and reinvigorated by a sense of authenticity and compassion, argues the founder and MD of Arkadiko Partners.

by Colin Melvin

It was not the usual way to end a client meeting. Having run through the numbers after what had been a turbulent time in the markets, a friend was startled to be embraced, vigorously, by a grateful investor. For once the distance that can exist between asset manager and client had been closed. On this occasion it was closed completely, and with feeling.

This expression of gratitude and affection was not simply about the preservation of wealth and the temporary avoidance of painful losses. There was also a recognition, in this hug, that a family’s long term interests and well-being had been protected, in a harsh climate. The recognition was deep, heart-felt – and mutual. It was, in a way, a display of compassion.

Compassion is a surprising (and perhaps provocative) word to introduce in the supposedly impersonal world of finance. But a sense of compassion – “fellow feeling”? – could be useful at a time when a lot of heat is being generated about labels, buzzwords and seeming fads in investment. It might help us bypass futile rows about what “ESG” is or isn’t, and reveal how we might work together to achieve mutual benefit and sustainable outcomes through investment.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 3 free articles every 90 days
  • Free email bulletins

Register Now

Take a free trial

Get 30 days unrestricted access to:

  • All the latest news, trends, and developments.
  • Exclusive interviews with CEOs and thought-leaders
  • MT Classroom - giving you an academic grounding without expensive courses
  • Management Matters and other in-depth content.
  • Daily bulletins straight to your inbox

Take a free trial today