Advisers may also wish to discuss with outsourced discretionary managers and external fund managers how they are mitigating the market and portfolio risks posed by automation.
And if you are tempted to ignore all this but want an entertaining evening, then I would suggest watching (or rewatching) The Big Short. It may not offer any CPD accreditation points, but it pays us all to remind ourselves occasionally of the folly of leaving confident assumptions unchallenged.
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James Horniman is a partner and portfolio manager at James Hambro & Partners
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