Read our latest press releases covering IA and industry news, developments and events.

Press release
13
Jun
2019

IA launches diversity drive to help increase black investment managers

The Investment Association (IA) has today published a landmark report into the experiences of black professionals working in the investment management industry and black students considering their careers. ‘Black Voices: Building black representation in investment management’ sets out ten key steps firms can take to create more diverse and inclusive workplaces.
Press release
25
May
2019

Shareholders call for greater transparency on dividends

Saturday 25 May 2019The Investment Association (IA) is today calling for companies to improve the transparency of their approach to paying dividends. The IA wants companies to publish a ‘distribution policy’ setting out their approach to paying dividends to shareholders. This new approach must set out the company’s approach to dividends policy alongside other ways of returning capital to shareholders
Press release
23
May
2019

ETFs set for inclusion in the IA sectors

Thursday 23 May 2019The Investment Association (IA) has today given the green light for exchange traded funds (ETFs) to join the IA sectors. Savers and their advisers will be able to compare ETFs against the 3,500 funds already in the IA’s 37 fund sectors from the first quarter of next year. The ETFs will be placed within the existing IA sectors, which enable comparison between open ended funds
Press release
08
May
2019

IA announces second Velocity cohort as collaboration with FinTechs grows

Wednesday 8 May 2019The Investment Association (IA) has today revealed the second cohort of FinTech firms which will be joining Velocity, the IA’s innovation hub and FinTech accelerator for the buy-side and asset management industry.Following a rigorous selection process, five leading FinTech firms have been selected due to their innovative solutions, which aim to increase business efficiency
Press release
02
May
2019

Savers look to diversify risk with Global equity & Mixed Asset funds benefiting in Q1

Thursday 2 May 2019The Investment Association (IA), the trade body that represents UK asset managers, has today published figures on how savers invested in March. Net retail sales were negative in March, with £205 million of outflows from UK authorised and recognised funds, whilst Fixed Income experienced net retail sales of £810 million in March – the highest since January 2018.Global was
Press release
04
Apr
2019

Savers remain cautious in fifth consecutive month of net retail outflows

Thursday 4th April 2019The Investment Association (IA), the trade body that represents UK asset managers, has today published figures on how savers invested in February. Net retail sales were negative in February, with £156 million of outflows from UK authorised and recognised funds.Europe and UK equity funds continued to experience net retail outflows of £453 million and £236 million,
Press release
04
Apr
2019

New stewardship code sets the right path but falls short on several key areas

Thursday 4th April 2019The Investment Association have published the executive summary of their response to the FRC consultation on the proposed new stewardship code, which welcomes the broad direction of travel but highlights several key areas where the proposed code falls short of creating the better market for stewardship that shareholders want. The executive summary is available
Press release
02
Apr
2019

IA launches report aimed at helping to close gender pay gap in investment management

Tuesday 2nd April 2019Ahead of the government’s Gender Pay Gap reporting deadline of 4 April, the Investment Association has today launched a new report which looks into the make-up of the gender pay gap in the asset management sector. The report also brings together some of the flagship initiatives that the industry is taking to help narrow the gap and provides recommendations for benchmarking