Iain Stewart, fund manager and investment leader at Newton Investment Management, talks with Richard Romer-Lee about science, patience and finance as an art
How did you get into the industry? I needed to earn some money! I was a scientist - a marine biologist with a PHD in Fisheries Science - but by 1984 it was getting tough to get work in science, especially with the job cuts under the Thatcher and Reagan administrations. The competition for proper jobs was huge. I had a few friends in finance and was interested in how markets and economies work - other systems alongside biological and ecological ones. I was offered a job by Reed Stenhouse, an Anglo-Canadian insurance operation, as Stewart Newton's assistant. It was on a Thursday and they...
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