The Investment Association has responded to the Competition and Markets Authority consultation on the Statutory Audit Market, highlighting that the lack of competition in the sector may hinder regulators and effectively make the industry ‘too big to fail.’ Liz Murrall, Director of Stewardship and Reporting at The Investment Association, said:“Investors rely on the quality and robustness of
Investment20/20, part of the Investment Association (IA), the trade body that represents asset managers, has expanded its university careers fairs and outreach programme, to more than 20 universities nationwide to attract talent from diverse backgrounds to the industry. Investment20/20 aims to attract young people from all walks of life into the investment management
The Investment Association (IA) has unveiled at its launch event held on Tuesday evening the first cohort of FinTech firms which will be joining Velocity, the IA’s specialist FinTech accelerator for the asset management industry. The following five leading FinTech firms have been selected due to their innovative solutions which aim to enhance customer experience and
The Investment Association’s monthly statistics of UK investor behaviour in August 2018 show:Net retail sales were negative in August, with £217 million of outflows from UK authorised and recognised funds.Europe and UK equity funds experienced net retail outflows of £303 million and £429 million respectively. North America equity funds experienced net retail inflows of
The Investment Association (IA), the trade body that represents UK asset managers, outlines its solutions to the flaws of the Packaged Retail Insurance-based Investment Products (PRIIPs) regulation, in particular the methodology for calculating transaction costs. The IA is wholly supportive of the principle behind PRIIPs: to provide savers and investors greater transparency
The Investment Association (IA), the trade body that represents UK asset managers, has today appointed four new Directors to its Board, bolstering its industry leadership and increasing its gender diversity.The appointments nearly double the female representation on the IA Board from just over 20% to almost 40% and reflect the IA’s commitment to increase diversity
The UK asset management industry grew to a record £7.7 trillion, maintaining its standing as the second largest asset management centre in the world, according to the latest figures* published today by the Investment Association (IA), the trade body that represents UK asset managers.Key 2017 findings*: £7.7 trillion managed by IA members in the UK - 11% increase from
The Investment Association’s monthly statistics of UK investor behaviour in July 2018 show:
Net retail sales were positive in July with an additional £977 million invested into UK authorised funds, and funds under management totalling £1.3 trillion.Europe, North America, and UK equity funds experienced net retail outflows of £156 million, £256 million and £315
The Investment Association (IA) has promoted Johannes Woelfing to the newly created position of Head of European Affairs as part of the trade association’s move to increase its permanent presence in Brussels. Johannes, formerly Regulatory and Legal Specialist, has been with the IA for four years and will be the IA’s main representative in Brussels as of 1 September 2018. He will be responsible
The Investment Association’s monthly statistics of UK investor behaviour in June 2018 show:
Net retail sales were positive in June with an additional £840 million invested into UK authorised funds, and funds under management totalling £1.2 trillionGlobal was the best-selling sector in June with £291 million net retail salesEurope and UK equity funds each experienced
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