Schroders CEO: 'Private is a much easier place to exist than public'

Speaking at the Schroders London Conference last week, group chief executive Peter Harrison said the relationship between public and private markets will be a "defining characteristic" in the future. "The reality is that every private markets firm is trying to get into public and every public firm is trying to get into private," he said. Harrison compared the situation to the relationship between equities and fixed income in the 1990s, defining people working in each as being of "two different degrees, with two different languages".  He said the same was true for public and private...