Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

IMA to merge with ABI investment arm to form new trade body

IMA to merge with ABI investment arm to form new trade body

The Investment Management Association (IMA) is to merge with the Investment Affairs Division of the Association of British Insurers (ABI).

The trade bodies have agreed to the merger in principle and are locked in the final stages of talks.

The unification will create a new trade body covering the full spectrum of investment management and will be fronted by a new chairman.

The merger will include the ABI’s Institutional Voting Information Service (IVIS) and the ABI will continue to represent insurers.

IMA chairman Daniel Godfrey (pictured) said: This is a very important strategic step for the IMA and our members.  We will now be able to provide a single, united and coherent voice across the entire range of issues and activities that concern investment management - to the benefit of clients and ultimate beneficiaries.  

‘It will help us meet one of our key objectives by increasing our clout and credibility in developing a culture of longer-term thinking.  It will enable us to provide stronger and seamless support to the nascent Investor Forum.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Play CIO Tapes: do investors have it as good as it gets?

CIO Tapes: do investors have it as good as it gets?

Citywire gathered three of the UK's leading fund investment heads to discuss what they fear and what makes them cheer about the year ahead

Read More
Your Business: Cover Star Club

Profile: from managing Brunei’s billions to Dorking’s pension pots

Profile: from managing Brunei’s billions to Dorking’s pension pots

Mole Valley Asset Management's boss on why he chucked in multi-billion mandates for Surrey wealth management

Wealth Manager on Twitter