Press Releases

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

Commenting 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

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

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

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

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

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.

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.

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

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