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

Press release
01
Apr
2019

Investment20/20 appoints Director of Careers & Talent in push for diverse new recruits

Monday 1st April 2019Investment20/20, a part of the Investment Association, has appointed Jenny Barber to the newly created position of Director of Careers and Talent, as part of Investment20/20’s expansion and push to grow a diverse talent pool for the industry.Jenny, formerly Director of Programmes for the national education charity Career Ready, will be responsible for delivering a programme
Press release
15
Mar
2019

One in five FTSE companies are failing on gender diversity

Friday 15th March 2019The Investment Association and the Hampton-Alexander Review have written to 69 of the FTSE 350 companies, outlining concerns about the lack of gender diversity on their board.The letter, which has been sent to companies who have no women or just one woman on their board, asks companies to outline what action they are taking to make progress and ensure they are meeting the
Press release
12
Mar
2019

Investment Association responds to the Meaningful Vote

Commenting on the result of the Meaningful Vote, Chris Cummings, Chief Executive of the Investment Association, said:“It is extremely disappointing that after such long negotiations and a second meaningful vote, the Brexit uncertainty continues. “We are now merely weeks away from the Article 50 deadline, and it is critical that every effort is made to avoid a no-deal exit from the EU. This is
Press release
07
Mar
2019

Savers remain cautious as net retail outflows ease

Thursday 7 March 2019The Investment Association (IA), the trade body that represents UK asset managers, has today published figures on on how savers invested in January.Net retail sales were negative in January, with £859 million of outflows from UK authorised and recognised funds.Europe and UK equity funds continued to experience net retail outflows of £450 million and £135 million,
Press release
06
Mar
2019

Velocity & B-Hive partnership links FinTech hubs in pan-European collaboration

For immediate release: 06 March 2019The IA’s FinTech innovation hub and accelerator, Velocity, and Brussels-based FinTech ecosystem B-Hive have today signed a partnership designed to boost FinTech innovation across the asset management industry by promoting pan-European collaboration.The partnership signed by Fabian Vandenreydt, Executive Chairman, B-Hive and Peter Harrison, Chair of the IA
Press release
05
Mar
2019

IA expands property fund expertise by joining forces with AREF

Tuesday 5th March 2019The Investment Association (IA) and the Association of Real Estate Funds (AREF) have today announced that the two organisations have signed a memorandum of understanding that AREF will become a member of the IA. This new partnership will enable the IA to better represent all aspects of the property fund industry and the savers and investors who are its customers. Property
Press release
21
Feb
2019

IA launches roadmap to guide asset managers to post-LIBOR world

Thursday 21 February 2018 The Investment Association (IA) has today launched a roadmap to guide asset managers through the transition from LIBOR to SONIA, the new risk-free rate.The roadmap, jointly produced with Oliver Wyman, outlines a series of steps designed to help asset managers complete the transition by 2021, the date by which the FCA plans to retire the benchmark rate.With over $240
Press release
21
Feb
2019

Investors to target pension perks and poor diversity in 2019 AGM season

Thursday 21st FebruaryAhead of the starting gun being fired on the 2019 AGM season, the Investment Association (IA) has announced it will highlight companies who are lagging behind on diversity, or pay pension contributions to executive directors at rates above the majority of the workforce.The IA’s Institutional Voting Information Service (IVIS) which provides corporate governance research to
Press release
20
Feb
2019

IA helps fund managers speak to savers in their own language

Wednesday 20th February 2019
The Investment Association (IA) has today launched new guidance to help fund managers communicate more clearly with UK savers. Three-quarters of investors struggle with technical terms, according to consumer testing carried out in partnership with The Wisdom Council, with savers facing the following challenges: Difficulty understanding a range of commonly-used
Press release
15
Feb
2019

FTSE100 pay and director re-election spark renewed shareholder rebellion at 2018 AGM season

New analysis of voting trends during the 2018 AGM season published today shows that shareholder rebellions rose by over a quarter in 2018, landing 120 companies on the Investment Association’s Public Register of shareholder votes. The new data compiled by the Investment Association, the trade body that represents the UK’s asset management industry, shows that 120 FTSE All-Share companies were