A new industry-leading programme to boost early-stage FinTechs has been launched today by Engine, The Investment Association’s specialist FinTech accelerator and innovation hub for the investment management industry.
Banks and liquidity providers need to map out standardised reject codes to asset managers by Q3 2021, with full implementation in H1 2022, investment managers have called for today. Standardised reject codes help ensure that the rationale for a trade being rejected is well understood, in order to protect investors and ensure they aren’t exposed to undue market risk.
The first half of 2021 has seen total net retail sales of £24 billion, the highest level of half-year sales since 2017, which saw record levels of investment, June data published today by the Investment Association (IA) reveals. The other key findings for June include: June data published today by the Investment Association (IA) reveals. The other key findings for June include:
The latest thinking from leading experts in investment management and beyond on what the future world of work might look like, has been brought together in a new document published by the Investment Association (IA) today.
Following a suspension of the yield tests for the UK Equity Income and Global Equity Income sectors, the Investment Association (IA) has today issued new guidance confirming that the parameters will now be reinstated and enforced from 24 September this year.
Savers invested £1.5 billion into funds wrapped by ISAs in April, bringing April’s total net retail sales to £6.2 billion. In the space of a month, savers invested £78 million more into ISAs than over the previous 12 months, data published today by the Investment Association (IA) reveals.