The Investment Association’s monthly statistics of UK investor behaviour in February 2018 show:
UK authorised funds attracted £1.2 billion from retail investors and £2 billion from institutional investors
Mixed Asset funds saw a net retail inflow of just over £1 billion, while Equity funds experienced their first outflow since January 2017
Funds under management stand at more than £1.2
Chris Cummings, Chief Executive of The Investment Association:“We welcome the FCA’s announcement today on the latest steps in implementing the Asset Management Market Study.“Our industry is committed to demonstrating, and delivering, good value to the millions of people who entrust their savings to us. We welcome the FCA recognising that people judge their asset
The Investment Association (IA) has appointed Anisha Patel as Head of Communications and Hannah Marwood as Head of Government Affairs to help boost the industry’s profile with consumers and policymakers. Reporting to Emily Walch, Corporate Affairs Director, they will be responsible for helping to protect, promote and enhance the reputation of the asset management
The Investment Association (IA) has today announced the launch of IA Learning - a new online training portal created specifically for the asset management industry. As part of the expansion of the IA’s training services, and in response to the increasing focus on the management of risk, IA Learning will also provide a suite of GCHQ certified courses on General Data
The Investment Association (IA) in partnership with Dechert LLP has today published Global Survey on Payment for Research, a review of the research payment rules in 33 key global jurisdictions followingthe implementation of MiFID II on 3rd January 2018. MiFID II has had a significant impact on arrangements for the receipt and payment of research requiring the complete
The Investment Association’s monthly statistics of UK investor behaviour in January 2018 show:
Retail investors allocated £3.7 billion and institutional investors £539 million into UK authorised funds
January saw positive inflows into the three main asset classes; Fixed Income led the way again with a £1.6 billion net retail inflow
UK investors continued looking
Responding to the Chancellor’s speech on financial services and exiting the EU, Chris Cummings, Chief Executive of the Investment Association (IA), said: “The IA welcomes the Chancellor’s focus today on financial services and the Government’s recognition that the asset management industry needs clarity and certainty as we plan for Brexit.
The Investment Association (IA) has today published a series of guidelines designed to ‘shine a light’ and address a number of concerns in the use of Last Look. These guidelines form part of the IA’s call for greater transparency in the use of Last Look, and seek to address concerns that it can negatively affect the ability of asset managers to meet the needs of their clients
The Investment Association (IA) has today announced that it will be launching a specialist FinTech Accelerator for the asset management industry. The new IA Accelerator – named VeloCity – will be launched later this year and is part of the asset management industry’s drive to boost innovation and speed up the adoption of new emergent technology across the sector.
Commenting on TalkTalk Telecom Group plc announcement this morning of a £200 million placing of ordinary shares representing 19.99% of existing issued share capital, a spokesperson for the Investment Association said:“This placing on a non-pre-emptive basis ignores a fundamental shareholder right and a cornerstone of the UK capital raising system.
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