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

Press release
26
Oct
2018

Investment20/20 expands to universities in push for diverse talent

Friday 26 October 2018Investment20/20, part of the Investment Association (IA), the trade body that represents asset managers, has expanded its university careers fairs and outreach programme, to more than 20 universities nationwide to attract talent from diverse backgrounds to the industry. Investment20/20 aims to attract young people from all walks of life into the investment management
Press release
09
Oct
2018

IA reveals first cohort of FinTech firms at official launch of Velocity accelerator

Tuesday 09 October 2018The Investment Association (IA) has unveiled at its launch event held on Tuesday evening the first cohort of FinTech firms which will be joining Velocity, the IA’s specialist FinTech accelerator for the asset management industry. The following five leading FinTech firms have been selected due to their innovative solutions which aim to enhance customer experience and
Press release
04
Oct
2018

Net retail outflows as investors react to Brexit uncertainty

Thursday 4 October 2018The Investment Association’s monthly statistics of UK investor behaviour in August 2018 show:Net retail sales were negative in August, with £217 million of outflows from UK authorised and recognised funds.Europe and UK equity funds experienced net retail outflows of £303 million and £429 million respectively. North America equity funds experienced net retail inflows of
Press release
02
Oct
2018

Investment Association calls for consumer focused approach to reform PRIIPs regulation

Tuesday 2nd October 2018The Investment Association (IA), the trade body that represents UK asset managers, outlines its solutions to the flaws of the Packaged Retail Insurance-based Investment Products (PRIIPs) regulation, in particular the methodology for calculating transaction costs. The IA is wholly supportive of the principle behind PRIIPs: to provide savers and investors greater transparency
Press release
19
Sep
2018

Investment Association appoints four new industry leaders to its Board

Wednesday 19th September 2018The Investment Association (IA), the trade body that represents UK asset managers, has today appointed four new Directors to its Board, bolstering its industry leadership and increasing its gender diversity.The appointments nearly double the female representation on the IA Board from just over 20% to almost 40% and reflect the IA’s commitment to increase diversity
Press release
13
Sep
2018

Growing European investment in UK asset management industry underlines importance of a Brexit deal

Thursday 13 September 2018The UK asset management industry grew to a record £7.7 trillion, maintaining its standing as the second largest asset management centre in the world, according to the latest figures* published today by the Investment Association (IA), the trade body that represents UK asset managers.Key 2017 findings*: £7.7 trillion managed by IA members in the UK - 11% increase from
Press release
06
Sep
2018

Equities experience third month of outflows

Thursday 06 September 2018
The Investment Association’s monthly statistics of UK investor behaviour in July 2018 show:
Net retail sales were positive in July with an additional £977 million invested into UK authorised funds, and funds under management totalling £1.3 trillion.Europe, North America, and UK equity funds experienced net retail outflows of £156 million, £256 million and £315
Press release
31
Aug
2018

Investment Association appoints Head of European Affairs

The Investment Association (IA) has promoted Johannes Woelfing to the newly created position of Head of European Affairs as part of the trade association’s move to increase its permanent presence in Brussels. Johannes, formerly Regulatory and Legal Specialist, has been with the IA for four years and will be the IA’s main representative in Brussels as of 1 September 2018. He will be responsible
Press release
02
Aug
2018

Low net retail sales reflect continued uncertainty

Thursday 02 August 2018
The Investment Association’s monthly statistics of UK investor behaviour in June 2018 show:
Net retail sales were positive in June with an additional £840 million invested into UK authorised funds, and funds under management totalling £1.2 trillionGlobal was the best-selling sector in June with £291 million net retail salesEurope and UK equity funds each experienced
Press release
18
Jul
2018

IA’s Velocity Accelerator opens its doors to establish the first cohort of FinTech innovators

Wednesday 18 July 2018

The Investment Association (IA) has today opened its doors to establish the first cohort of ground-breaking innovators for Velocity, the IA’s specialist FinTech accelerator for the asset management industry. The 24-strong Velocity Advisory Panel, chaired by Graham Kellen, Chief Digital Officer of Schroders, and comprised of senior industry leaders and digital technology