Day in the life of a CEO: Impax Asset Management's Ian Simm

TL;DR

This video provides insights into the daily routine and responsibilities of Ian Sim, CEO of impact asset manager.

Transcript

have you ever wondered what fun groups do to earn their fees we've all seen the Slick marketing but what really goes on inside Britain's investment managers I'm Sam benad from interactive investor and for the second part of our day in the life series I'm going even deeper into the world of fund management today I'm meeting Ian Sim CEO of impact ass... Read More

Key Insights

• ❓ Ian Sim developed a passion for sustainable development, which influenced his career choices.
• 🫠 His day is filled with meetings, both planned and ad hoc, where he discusses various business matters.
• 🤗 Sim takes a hands-on approach to leadership, hiring talented individuals and providing guidance.
• ❓ He is actively involved in overseeing the investment process and performance analysis.
• 😃 Sim finds joy in the success of the business and embraces calculated risk-taking.
• ✳️ He dislikes unnecessary bureaucracy, politics, and excessive risk aversion.
• 🤔 Sim ensures that he has time to think strategically and reach out to colleagues.

Questions & Answers

Q: How did Ian Sim become interested in sustainable development?

Sim was inspired by the idea of sustainable development after reading the report of the Bruntland Commission during his university years.

Q: What is Sim's leadership style?

Sim believes in hiring talented individuals and allowing them to make decisions within the framework of the company's vision and business plan.

Q: Does Sim make investment decisions himself?

In the listed investment space, Sim focuses on overseeing the investment process and monitoring performance. In private investments, he serves as the chairman of the investment committee and makes collective decisions with senior colleagues.

Q: What are the best and worst parts of Sim's day as CEO?

Sim finds great satisfaction in the successes of the business, such as winning clients or achieving investment returns. On the other hand, he dislikes bureaucracy, politics, and undue risk aversion.

Summary & Key Takeaways

• Ian Sim developed an interest in sustainable development during his university years and went on to establish impacts Asset Management.

• His day is filled with a variety of meetings, both planned and ad hoc, as well as time for thinking and discussing business ideas.

• Sim takes an active role in managing his team and ensuring the success of the company's investment strategies.