The Investment Association (IA) has today published a landmark report into the experiences of black professionals working in the investment management industry and black students considering their careers. ‘Black Voices: Building black representation in investment management’ sets out ten key steps firms can take to create more diverse and inclusive workplaces.
The Investment Association (IA) is today calling for companies to improve the transparency of their approach to paying dividends. The IA wants companies to publish a ‘distribution policy’ setting out their approach to paying dividends to shareholders. This new approach must set out the company’s approach to dividends policy alongside other ways of returning capital to shareholders
The Investment Association (IA) has today given the green light for exchange traded funds (ETFs) to join the IA sectors. Savers and their advisers will be able to compare ETFs against the 3,500 funds already in the IA’s 37 fund sectors from the first quarter of next year. The ETFs will be placed within the existing IA sectors, which enable comparison between open ended funds
The Investment Association (IA) has today revealed the second cohort of FinTech firms which will be joining Velocity, the IA’s innovation hub and FinTech accelerator for the buy-side and asset management industry.Following a rigorous selection process, five leading FinTech firms have been selected due to their innovative solutions, which aim to increase business efficiency
The Investment Association (IA), the trade body that represents UK asset managers, has today published figures on how savers invested in March. Net retail sales were negative in March, with £205 million of outflows from UK authorised and recognised funds, whilst Fixed Income experienced net retail sales of £810 million in March – the highest since January 2018.Global was
The Investment Association (IA), the trade body that represents UK asset managers, has today published figures on how savers invested in February. Net retail sales were negative in February, with £156 million of outflows from UK authorised and recognised funds.Europe and UK equity funds continued to experience net retail outflows of £453 million and £236 million,
The Investment Association have published the executive summary of their response to the FRC consultation on the proposed new stewardship code, which welcomes the broad direction of travel but highlights several key areas where the proposed code falls short of creating the better market for stewardship that shareholders want. The executive summary is available
Ahead of the government’s Gender Pay Gap reporting deadline of 4 April, the Investment Association has today launched a new report which looks into the make-up of the gender pay gap in the asset management sector. The report also brings together some of the flagship initiatives that the industry is taking to help narrow the gap and provides recommendations for benchmarking