IA comments on the Patient Capital Review
Tuesday 01 August 2017
Responding to the launch of the Treasury's Patient Capital Review, Chris Cummings, CEO of the Investment Association, said:
“Access to long-term finance gives business the certainty to plan and invest in their future growth. We welcome the Treasury’s Patient Capital Review and look forward to contributing to the debate on how long-term finance can help resolve the UK’s productivity puzzle. The IA is already looking at how our industry can support long-term investment to the benefit of both businesses and investors. Our industry’s plan to help increase the UK’s productivity outlines a series of recommendations for developing efficient and diverse capital markets which will help businesses achieve good returns over the long-term.”
- ENDS -
For further information, please contact:
Linsey White
Head of Media Relations
[email protected]
T +44 (0)20 7269 4635
M +44 (0)7508 724 022
Helen Ayres
Media Relations Manager
[email protected]
T +44 (0)20 7269 4620
M +44 (0)7508 724 066
About the Investment Association:
- The Investment Association is the trade body that represents UK investment managers who manage over £5.7 trillion on behalf of clients
- Our purpose is to ensure investment managers are in the best possible position to:
-
- Build people’s resilience to financial adversity
- Help people achieve their financial aspirations
- Enable people to maintain a decent standard of living as they grow older
- Contribute to economic growth through the efficient allocation of capital
- The money our members manage is in a wide variety of investment vehicles including authorised investment funds, pension funds and stocks and shares ISAs.
- The UK is the second largest investment management centre in the world, after the US and manages 37% of all assets managed in Europe.
For further information, please contact:
For media, to receive the full consultation document, please contact Helen Ayres
Helen Ayres, Communications Manager: [email protected]
T +44 (0)20 7269 4620; M +44 (0)7508 724 066
IA press office: [email protected]
About the Investment Association (IA):
- The IA champions UK asset management, supporting British savers, investors and businesses. Our 250 members manage £7.7 trillion of assets and the asset management industry supports 100,000 jobs across the UK.
- Our mission is to make investment better. Better for clients, so they achieve their financial goals. Better for companies, so they get the capital they need to grow. And better for the economy, so everyone prospers.
- Our purpose is to ensure investment managers are in the best possible position to:
- Build people’s resilience to financial adversity
- Help people achieve their financial aspirations
- Enable people to maintain a decent standard of living as they grow older
- Contribute to economic growth through the efficient allocation of capital.
- The money our members manage is in a wide variety of investment vehicles including authorised investment funds, pension funds and stocks and shares ISAs.
- The UK is the second largest investment management centre in the world, after the US and manages 35% of all assets managed in Europe.
