To deliver for clients asset managers need to be agile

What we can learn from Stoic philosophers

"It's laughable to say: ‘Tell me what to do!' What advice could I possibly give? No, a far better request is, ‘Train my mind to adapt to any circumstance.' In this way, if circumstances take you off script, you won't be desperate for a new prompting."

These words belong to Epictetus, a Stoic philosopher of the first century AD. But they are strikingly relevant to life in a modern, globalised economy. When faced with the irreducible complexity and uncertainty...