IA appoints Cummings as new chief exec
Former AIFA director general Chris Cummings has been appointed as chief executive of the Investment Association.
Investment Association
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PEOPLE MOVES: OMGI, Deutsche Bank, Ashburton Investments…
OMGI and Deutsche Bank have announced promotions, while Ashburton Investments and Elian have made senior appointments. After departing The Investment Association, former chief executive Daniel Godfrey has joined the advisory board of a fintech startup.
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Investment Association announces three-way split
The Investment Association has announced it is to be split into three core divisions as part of an organisational restructure.
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Investment Association closes regulatory unit as SJP quits
The UK’s Investment Association has broken up its regulatory affairs unit and announced the departure of its head, Richard Metcalfe, as another member confirmed it also planned to leave.
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IA launches consultation to review priorities
The Investment Association plans to consult its members on how best to prioritise its focus ahead of hiring a new CEO, chair Helena Morrissey said on Thursday, before adding it has no intention to make any changes to the ongoing executive pay project
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ANALYSIS: Will Godfrey departure steady the Investment Association ship?
The fact that Daniel Godfrey felt he had to leave his CEO post sheds much light on what was behind the threats from Schroders and M&G Investments to leave, but also raises new questions.
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New IA working group to investigate fund manager pay
The Investment Association, which represents the UK’s £5.5trn investment management sector, is to examine executive pay across the industry in a bid to simplify what it acknowledges are complex structures.
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Mixed asset sector sales surge in uncertain June
Investors sought out asset allocation expertise in June as targeted absolute return funds moved back into poll position in the retail sales stakes, the Investment Association said on Wednesday.
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Property thrives amid disappointing
Net retail sales for globally authorised investment funds were nearly £1bn lower last month than February 2014 despite the property sector cementing its best ever year for inflows.
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IA toughens stance on disclosure
The UK’s Investment Association has proposed tougher standards of disclosure and transparency across investment and pension products.
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Equity income and property drive best retail sales
Last year saw the highest net retail sales recorded since 2010, with demand for equity income funds and property particularly strong according to the Investment Association.
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IMA rebrands as the Investment Association
The Investment Management Association (IMA) has rebranded as the Investment Association to echo its wider remit with the incorporation of a new division.