IW's 25th anniversary: From data to diversity - the changing face of the industry

The evolution of asset management since 1995

Five asset management leaders look back at their own careers and assess how the industry has evolved over the past 25 years.

Saker Nusseibeh, chief executive officer of Federated Hermes By Lauren Mason "I actually never intended to come to the City. I just ended up here by mistake." Saker Nusseibeh, who made the 2020 New Year's Honours List, is CEO of Federated Hermes, a stewardship-focused firm running more than £33.8bn for its clients. But in 1987, while Nusseibeh was in the throes of a history doctorate and "couldn't get a job teaching", he was rejected from a job in merchant banking and told not to become a broker because "he could not sell water to the Saudis". Shortly after this, he wound up in w...