Investment managers will expect companies to continue to show restraint and restrict executive bonuses where government support has been taken and not paid back during the year under review, the Investment Association’s annual pay guidelines set out today.
Responsible investment funds made up two thirds of total fund inflows in September, as savers invested £1.6 billion into responsible investment funds – the second highest month of inflows since March.
Investors are urging the Chancellor to use his upcoming Budget to ensure the smooth transition to the green economy of the future, boost the competitiveness of the UK economy, and support a strong savings and investment culture.
Engine, the Investment Association’s specialist FinTech accelerator and innovation hub for the investment management industry, has opened applications for a fifth cohort of cutting-edge FinTech innovators to join the Engine Innovator Programme.
UK Investors continued to demonstrate their appetite for funds as inflows reached over £5.3 billion through August, according to data published today by the Investment Association. This represents the first time retail fund sales in the month of August have exceeded £5 billion.
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