Investment Association
L&G funds boss among senior execs joining Investment Association board
Sasha Wiggins, CEO of Barclays private bank and wealth management, and DWS UK country head Samantha Alexander also join the UK trade body’s top team
Investment Association names State Street’s Ann Prendergast as new chair
The head of State Street Investment Management’s business in Emea will take over the role from JPMorgan’s Patrick Thomson in September
2 min read
Asset managers to raise ‘concerns’ over share buybacks in FCA probe
The City regulator has contacted seven banks as part of a probe into buybacks
2 min read
UK must ‘learn lessons’ from rival finance hubs, says Investment Association boss
Chris Cummings says the UK cannot have a ‘laissez-faire attitude’ when it comes to the competitive threat posed by regions such as the Middle East
3 min read
Fund CEOs fret over geopolitical risk in ‘crucial year’ for elections
Executives from LGIM, Northern Trust and St James’s Place fear uncertainty in a year where more than half the world’s population will head to the polls
2 min read
Asset managers still failing to get women and ethnic minorities into senior roles
White men made up the majority of executive and senior management hires in 2022
3 min read
UK’s Investment Association pulls CBI membership
EY, NatWest, Accenture and Zurich UK are among other finance companies that have cancelled their CBI membership
2 min read
Fund giants kicked off EU trade body’s board after battle over influence
After months of wrangling, Efama has revamped its governance structure
3 min read
Investment Association taps fund managers for diversity data
Trade body says a better understanding of diversity across the fund management sector will help members hold listed companies to account
5 min read
Fund houses tell FTSE: ‘Show restraint’ on CEO pay
The Investment Association missive comes hot on the heels of PwC report showing FTSE 100 CEO pay shot up 22% after record bonus payouts
2 min read
Investment Association adds seven to board, but doesn’t know if it has met ethnic diversity target
The IA says it needs to ask new board members to complete a survey before it can confirm if it has met a key diversity target
3 min read
FCA backtracks draft rules forcing funds to monitor advice quality after asset managers object
Regulator sees pushback from an influential group of the UK’s largest asset managers as it amends new requirements on value statements
Chuka Umunna calls out UK investment body over ethnic diversity push
The IA's 17-strong board has nobody from an ethnically diverse background
UK investors ratchet up pressure on companies over ethnic diversity
The Investment Association has said it will target FTSE 350 companies that fail to disclose the ethnic diversity of their boards
ETFs to gain entry to coveted IA sectors from April
The move will allow ETFs to be compared on a level playing field with thousands of active funds
Investors want more transparency about ethnic diversity on boards
The Investment Association said that almost three-quarters of FTSE 100 failed to report the ethnic make-up of their boards in 2020
1 min read
Retail investors fall out of love with UK equities
‘After a solid run of sales, strong economic headwinds began to turn investors away from UK shares in June’, says IA
1 min read
Asset management trade group unveils new fintech accelerator cohort
The asset management trade group has rebranded its fintech programme as ‘Engine’
1 min read