There were certain topics – geopolitical uncertainty, the state of the Chinese economy and investors’ appetite for risk, for example – which I expected to come up during a conversation with Mark Clubb.
What I didn’t expect was a foray into the world of physics and yet, as the executive chairman of TEAM Plc reflected on his approach to business, that was exactly the turn which the conversation took.
“For me, it is all about escape velocity,” he announced. “The greatest analogy is that the gravitational pull of the Earth means that it takes an enormous momentum of energy to get a spaceship into space. However, once that ship is in space, it takes zero energy to propel it. You just need little booster rockets to direct its course.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.
