Tokenised fund series
The IA has launched our dedicated workstream looking at the tokenisation of funds. As part of our work on digital assets it appears that tokenised funds will become a reality within the UK market in the medium term; in order to support members looking to utilise this, the IA has published a number of resources on how they can be used to provide a superior experience for investors, good practice and standard-setting guides.
All of these can be found on our dedicated Tech expert page.
Effective Governance of Operational Resilience
The IA, in collaboration with EY, have issued the next paper in our Operational Resilience series looking at how firms can effectively govern their operational resilience strategy. The paper aims to set out the regulatory expectations in this area, provide members with a series of principles by which to structure their governance framework, address the key challenges firms face in establishing effective governance of operational resilience and offer a series of questions that those with individual and collective responsibility should be considering.
The role of the long term asset fund
Following its original proposal for a Long Term Asset Fund (LTAF) in the UK Fund Regime Working Group report, issued in July 2019, the IA has produced a further position paper, setting out in more detail how the LTAF would work, particularly in respect of the investment powers, the eligible investor market and redemption terms. The paper looks at some examples of comparable structures in other countries and set out some hypothetical case studies of what the LTAF might look like. This paper was initially provided to the FCA, HM Treasury and the Bank of England in July 2020, and is now being publicly released. The IA has also produced a short two page summary explaining the LTAF proposal.
ETF performance during Coronavirus - an analysis
The latest IA research paper on Exchange Traded Funds (ETFs) seeks to explore in detail the performance and resilience of these funds during coronavirus.
Asset Management Taskforce Stewardship Working Group: Investing With Purpose Report
The HM Treasury-led Asset Management Taskforce report – Investing with Purpose: Placing Stewardship at the Heart of Sustainable Growth - provides a blueprint for integrating stewardship into the investment process and seeks to cement the UK as a global centre of excellence in stewardship practice.
Investment Management in the UK
The survey captures investment management undertaken by members of the Investment Association (IA) on behalf of domestic and overseas clients.
Best Practice for FinTech Engagement: Being a responsible partner and client
The purpose of this guide is to assist in the understanding, onboarding and implementation of FinTech within the Investment and Wealth Management sector. Organisational readiness, advice on FinTech scouting, pitfalls, IP considerations and ultimately best practice for successful engagement between the Investment / Wealth Manager and the FinTech are all discussed in this guide with key takeaways for quick reference.
Operational Resilience: Business Services and Beyond
Operational Resilience is a major focus within the industry at present and will continue to define operational risk and business continuity agendas. This publication contains the conclusion of our work on Business Services.
IA Responsible Investment Framework
The investment management industry has come together to agree a common language and clear product categorisation for responsible investment approaches to help savers better access and compare funds with a focus on environmental or social outcomes.
A Manifesto for Investment Management
Plans to power the economy.
The Investment Association’s Talent Strategy
The report sets out how we will support our members to attract, develop and retain people with the skills, knowledge and competencies the investment management industry needs. It is structured around three key themes: attraction, advancement and environment with considerations around diversity and inclusion underpinning each one.
Full Report: Download
IA UK Funds Regime Working Group: Final report to HM Treasury Asset Management Taskforce
The report details how the new proposed Long-Term Asset Fund will help widen access to more illiquid assets, opening up investment opportunities for a range of customers, particularly those saving in Defined Contribution (DC) pension schemes over many decades. The UK Funds Regime Working Group final report was updated in March 2020 to incorporate a proposal from AREF for a Professional Investor Fund.
2025 Vision: Delivering for customers and the economy in a rapidly changing world
The ‘2025 Vision’ report, launched at the IA’s flagship annual Policy Conference, outlines three key areas of development.
Black Voices: Building black representation in investment management’
A landmark report into the experiences of black professionals working in the investment management industry and black students considering their careers. The report sets out ten key steps firms can take to create more diverse and inclusive workplaces.
Shareholder votes on dividend distribution in UK listed companies - The case for a Distribution Policy
This report presents findings on the prevalence of listed UK companies paying ordinary dividends without seeking shareholder approval.
Closing the Gap: Addressing the Gender Pay Gap
This inaugural report explores why the gender pay gap exists and how asset managers can help to reduce it.
Stewardship in Practice
The Stewardship Survey outlines the stewardship activities of IA members with respect to UK companies as of 30 June 2018.
Putting investment at the heart of DC Pensions
This paper examines the investment process in Defined Contribution pensions, considers ways to facilitate efficient asset allocation, and discusses increasing plan contributions and engagement.