New standardised categories to simplify the processing of unsuccessful trades on the foreign exchange (FX) markets have today been proposed by the Investment Association (IA), in a bid to bring greater consistency to the market and improve outcomes for investors.
Traders in the investment management and banking industries have today formally called for market trading hours to be reduced by 90-minutes to seven hours.
UK savers invested £2.5 billion in funds in October, with a return to equity fund inflows following record outflows in Q3, according to latest figures published today by the Investment Association (IA).
The first eight firms and tech communities chosen to take part in Velocity Birmingham, a new state-of-the-art FinTech hub, have today been unveiled by the Investment Association (IA).
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. Currently a variety of terms and phrases are used in different ways, which could leave customers confused or unable to find the investment opportunities to match their diverse responsible investment goals.
Savers invested £350m in UK funds in September, but money flowed out of equity funds at a record level, according to latest figures published today from the Investment Association (IA), the trade body representing UK investment managers.
Traders in the investment management and banking industries are calling on the London Stock Exchange (LSE) and other European trading venues to review trading hours across Europe in a bid to improve culture, diversity and wellbeing on trading floors, and create more efficient markets.
The next government should promote the UK as the global leader for investment management by ensuring a modern regulatory system that focuses on international competitiveness as well as consumer protection.
Our key purpose is to make investment better for savers and investors, for companies and their employees, and for the economy. That way, everyone prospers.
