Helena Morrissey, CEO of Newton Investment Management, is to become chairman of The Investment Association, the new industry body formed in the UK by the merger of the Investment Affairs division of the Association of British Insurers and the Investment...
The UK Investment Management Association, which represents managers responsible for some £4.5trn of AUM is set to merge with the investment activities of the Association of British Insurers, which represents some 90% of premiums in the country, or 7%...
Tony Stenning, head of UK Retail at BlackRock, comments on the October IMA fund statistics.
New standards for reporting costs and valuations of units in UK authorised funds have been proposed by the Investment Management Association in the UK.
The UK's Investment Management Association (IMA) has begun publicly revealing Targeted Absolute Return funds’ rolling 12-month performance as part of a tightening of requirements, following widespread criticism of the sector.
UK fund industry association the IMA has decided not to modify its sector rules governing fixed income funds’ currency exposure, it is reported.
UK fund industry body the Investment Management Association has criticised local regulator the FSA over its proposals to adjust the definition of absolute return funds, warning it risks putting UK-authorised products at a disadvantage.
Richard Saunders, the outgoing chief executive of the Investment Management Association, the trade body for the UK's £4.2trn retail and institutional fund industry, has reviewed his time in a blog.
The UK Financial Services Authority has responded that it is not concerned about a vote carried by the European Parliament's Economic and Monetary Affairs Committee (ECON) to effectively allow commission payments to retail clients under certain circumstances....
The UK's Investment Management Association (IMA) has reminded the European Securities and Markets Authority (ESMA) that asset managers are not banks, and should not be treated as posing the same systemic risks.
Legg Mason has added its $1bn Brandywine Global Fixed Income fund and 16 other offshore offerings to the IMA’s fund sectors for the first time.
The UK's Investment Management Association, representing the local asset management industry, has welcomed proposals put forward by IOSCO, the International Organization of Securities Commissions, for improved liquidity risk management in collective investment...
UK manager Smith & Williamson Investment Management has promoted Robert Royle to co-manager of the group's £82m North American trust, alongside Lady Tana Focke.
Leading asset managers are calling for drastic reform at the Investment Management Association (IMA), the UK's asset management trade body, with some arguing it should no longer be responsible for sector names or definitions.
Alliance Trust Investments has poached SWIP bond manager Juan Valenzuela to head up a new fixed income fund.
Philip Rodrigs is to take over as manager of the Investec UK Alpha fund as the group expands the scope of his mandate.
UK retail investors are continuing to flock to fixed income funds, topping up their positions by over £500m last month, despite the rally in equities.
The Investment Management Association, the trade body for the UK's £4trn asset management industry, has expressed concern at draft technical advice offered by the European Securities and Markets Association (ESMA) on the regulation of short selling.
The European funds industry has welcomed a decision by the US authorities to co-operate with the Europeans in revising its proposed Fatca rules. Particularly welcomed is the intention of building a regulatory system for the funds sector that is acceptable...
The UK fund management industry faces complete transformation if the financial transaction tax – or Tobin tax – is implemented, commentators have warned.
Richard Saunders, chief executive of UK fund industry body the Investment Management Association, has warned of a wave of EU legislation that could stifle the financial servies industry, and by implication member states' economies.
News from SEI, American Century, Heartwood, Hermes BPK, IMA, Morningstar, Fundsmith, Bramdean AM, SYZ AM and Lipper
Retail sales of funds were sharply down in July with equity funds experiencing strong outflows from the UK, European and north American sectors, according to the latest monthly data from the UK’s Investment Management Association (IMA).