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

Press release
31
Jan
2019

IA comments on ESMA's MOU announcement

Commenting 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

Commenting 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

Commenting 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

The 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

Commenting 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.
Press release
10
Jan
2019

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

The 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.
Press release
09
Jan
2019

IA secures rapid FinTech membership growth as applications open for second Velocity cohort

The Investment Association (IA) has today opened applications as it seeks its second cohort of cutting-edge FinTech innovators for Velocity, the IA’s specialist FinTech accelerator and innovation hub for the asset management industry.Since the launch of Velocity and the creation of the IA’s FinTech membership category, the IA has seen more than 70 FinTech firms join
Press release
07
Dec
2018

IA launches Think Investments to open doors for young people in asset management

The Investment Association (IA), the trade body that represents asset managers, has launched Think Investments, the latest initiative from Investment20/20 which will enable young people from diverse backgrounds to access career opportunities within the asset management industry. Investment20/20 has selected 65 state-educated students through the charity Career Ready to take
Press release
06
Dec
2018

Bonds fall out of favour as savers pull £1.7bn from Fixed Income funds

The Investment Association’s monthly statistics of UK investor behaviour in October 2018 show:Net retail sales were negative in October, with £2.1 billion of outflows from UK authorised and recognised funds, and funds under management totalling £1.2 trillion.Fixed Income experienced net retail outflows of £1.7 billion. Global was the best-selling sector with net retail
Press release
05
Dec
2018

IA writes to FTSE ‘repeat offenders’ warning of investor revolts

The Investment Association (IA) has today written to 32 companies in the FTSE All-Share who have appeared on the Public Register for the last 2 years. The letter expresses concern that these companies are on the Public Register for the exact same resolution in 2017 and 2018, suggesting that they did not respond sufficiently to investor views and in doing so are risking more