At the IA Annual Conference in July, we launched ‘Investing for the future: three potential paths for a tech-powered UK funds industry’. The report outlined a vision for Investment Fund 3.0, built on technological transformation, a forward-looking regulatory framework and improved engagement with customers. The original publication was covered widely by press, including in The Financial Times, The Times and City AM, invigorating the conversation about where the fund industry will head next and what needs to be done to achieve meaningful progress.
In 2020 – 12 months ahead of the UK hosting COP26 – the IA published an industry position on climate change. This paper had two main goals – one, to publicly recognise climate change as one of the single biggest systemic risks facing society and planet today and two, to serve as a blueprint for our industry’s commitment to specific action, including working with UK government, businesses and our members to accelerate change.
This year is proving to be yet another defining year for the global economy, humanity and the planet. The tragic war in Ukraine and a global energy shock are sparking a reassessment of macro scenarios amongst all market participants.
While I am encouraged that we have seen progress, there is no doubt that there is still more to do to improve gender diversity in the investment management industry. As is the case in many industries, there are still too few women on our boards, executive teams and in senior roles.