In a recent interview with HNGN, Stephen Bird, CEO of UK-based asset management company Abrdn, shared his insights on various economic issues, including inflation, the post-pandemic economy, and the future of work.
Bird highlighted the importance of understanding inflationary trends to make better investments. He explained that while inflation can be beneficial in certain circumstances, it can create problems if left unchecked. According to Bird, investors should pay attention to long-term inflationary trends and use them to guide decisions.
Stephen Bird also spoke about the post-pandemic economy and suggested it may be better than many expect. He pointed out that the pandemic could bring new opportunities for those willing to take risks and innovate. He believes that businesses need to take a proactive approach to adapt their operations to survive in the current climate and beyond.
Stephen Bird noted that inflation is a global phenomenon driven by factors such as supply chain disruptions, government stimulus spending, and increased consumer demand. While he predicted that inflation rates would remain high for some time, he also expressed confidence that they would eventually stabilize as supply chains and labor markets adjust to the current economic landscape.
Regarding the UK’s post-pandemic economic recovery, Bird expressed optimism and cited the country’s skilled workforce, strong institutions, and innovative businesses as critical factors that would help the economy bounce back quickly. He also discussed the importance of digital technology in the modern economy and predicted that remote work would become increasingly common in the future.
Bird also highlighted Abrdn’s focus on sustainable investing and its commitment to supporting the United Nations’ Sustainable Development Goals. He emphasized the company’s goal of becoming a net-zero emissions company by 2050 and stressed the importance of using finance as a force for good in society.
Overall, Stephen Bird’s interview with HNGN demonstrated his expertise in various economic and financial issues. His insights on inflation, the economy, and sustainable investing provide valuable perspectives on the challenges and opportunities facing businesses and investors today. Source: https://www.ft.com/stream/b1335c0d-40f2-4d8c-8fb1-891bcfd21dcb