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Schroders CEO: UK’s risk aversion has ‘undermined’ investor returns

Harrison added the UK needs to become a 'friendlier place to do business'

Peter Harrison singled out Solvency II reforms as an area of priority
Peter Harrison singled out Solvency II reforms as an area of priority

The UK's aversion to risk-taking has “undermined” returns for investors, according to Schroders chief executive Peter Harrison.

“How do we create a system that is more willing to accept risk? Everything is about risk reduction. That has been the thing that has undermined growth, and importantly it has undermined returns [for investors],” he told Financial News.

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