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

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
Press release
07
Feb
2019

Fund markets dip in 2018 as savers react to uncertainty

For immediate release: Thursday 7th February 2019
The Investment Association (IA), the trade body that represents UK asset managers, has today published figures on how savers invested in 2018:

Net retail sales for 2018 were £7.2 billion, in comparison to £48.5 billion in 2017
UK equity funds saw net retail outflows of £4.9 billion in 2018.
Global was the best-selling sector of 2018 with net
Press release
06
Feb
2019

IA targets doubling of assets to £15trn in the next decade

Wednesday 6th February 2019
The Investment Association is today setting out an ambitious target to double the assets under management to £15trn in the next decade, as part of a plan to enhance the UK’s competitiveness and reputation as a global hub for asset management.IA members currently manage £7.7trn of assets, and are committed to doubling that. The goal forms part of the Investment
Press release
04
Feb
2019

IA comments on FCA remedies from the Asset Management Market Study

Monday 4th February 2019Commenting on the FCA’s policy statement outlining the second set of remedies from the Asset Management Market Study, Chris Cummings, CEO of the IA, said: “The IA supports the FCA’s aim to improve the clarity with which fund objectives, benchmarks and performance are communicated to savers and investors. We are committed to increasing transparency and promoting
Press release
31
Jan
2019

IA comments on ESMA's MOU announcement

Thursday 31st January 2019Commenting on the announcement that ESMA’s Board of Supervisors has just approved a Memorandum of Understanding (MOU) between ESMA and the UK FCA, Chris Cummings, Chief Executive of the Investment Association, said: “Today’s announcement that the text of a Memorandum of Understanding between ESMA and the FCA has been approved brings much needed certainty for asset
Press release
30
Jan
2019

IA comments on the publication of the proposed new Stewardship Code

Wednesday 30th January 2019Commenting on the publication of the proposed new Stewardship Code, Andrew Ninian, Director of Stewardship and Corporate Governance at the Investment Association said:“The stewardship landscape has changed significantly since the Code was last reviewed, so it is right that it is being refreshed.“Asset managers are a key player in the stewardship process, providing
Press release
29
Jan
2019

IA comments on the Brexit votes in Parliament

Tuesday 29th January 2019Commenting on the votes in Parliament, Chris Cummings, Chief Executive of the Investment Association, said:“With exactly 2 months before the UK leaves the EU, asset managers and the millions of savers and businesses who rely on them are looking for greater certainty.“It is critical that every effort is now made to find a constructive path forward that protects
Press release
25
Jan
2019

IA launches first industry-wide consultation on sustainability & responsible investment

Friday 25 January 2019The Investment Association (IA), the trade body that represents asset managers, has today launched the first industry-wide consultation on sustainability and responsible investment.The consultation seeks the views of asset managers on key aspects around sustainability and responsible investment, with the aim of bringing greater clarity to help savers and investors navigate
Press release
15
Jan
2019

IA comments on the outcome of the Meaningful Vote

January 15 2019Commenting on the outcome of the Meaningful Vote, Chris Cummings, Chief Executive of the Investment Association, said:“It is extremely disappointing that after such long negotiations the Brexit uncertainty continues. “It is critical that every effort is made to avoid a no-deal exit from the EU, and the potential cliff-edge effects that this could bring. While asset managers have
Press release
10
Jan
2019

Net retail outflows reach £2.1 billion as global uncertainty cools investor appetite

Thursday 10 January 2019The Investment Association’s monthly statistics of UK investor behaviour in November 2018 show:Net retail sales were negative in November, with £2.1 billion of outflows from UK authorised and recognised funds, and funds under management totalling £1.2 trillion.Fixed Income experienced further outflows, with net retail outflows of £1.2 billion.Mixed Investment 40-85%