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Martin Gilbert: Asset managers must not ignore the threat of inflation
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fnlondon.comMartin Gilbert is the co-founder and former chief executive of Aberdeen Asset Management and abrdn. He is now chairman of Revolut and AssetCo.
UK inflation has surged to 5.4%, its highest level since 1992. Soaring food prices and rising energy bills, amongst other items, mean the cost of living is increasing at its fastest pace for 30 years. The UK is not alone; prices are rising across world and people are feeling the squeeze.
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