People want to make sure there is flexibility to reallocate assets. They are trusting us to make the asset allocation decisions.

Throughout the universe of public and private funds, managers are measured quarterly against one index or another, defined by statistics, and corralled into this category or that category so that fund of funds, pensions, and other institutions can make comforting - if not necessarily prudent - asset allocation decisions.

From my early school days, I was brought up with the belief that we have a duty to use our talents, to volunteer and to make a contribution.

You have to make sure that your assets and your back is protected before you make any big decisions.

My giving is discretionary, but keeping the business going is not.

My grandmother was a Greenpeace supporter. We've always done that sort of thing; we've always believed in helping others - it's part of our ethos.