Investment Management Association
Encyclopedia
The Investment Management Association(IMA) is a not for profit
trade association
representing the UK
investment management
industry. It has 185 members, accounting for over 90% of the industry in the UK. Its members manage over £3.9 trillion of assets on behalf of UK and overseas clients.
Its role is to represent the interests of the industry to government
and regulators in the UK and internationally, and to promote high standards within the industry.
The IMA sets out its policy positions by responding to consultations by the Government, regulators, the European Commission
and others. It maintains links with Parliamentarians in both Westminster
and the European Parliament
and conducts research into various aspects of the industry to help inform policy submissions.
The IMA maintains fund sectors, that is a system of classifying funds which helps investors and their advisers find and select suitable funds. Funds in IMA sectors are regularly monitored for compliance with sector definitions, and oversight of the system is led by an industry committee, the Sectors Committee.
The IMA is dedicated to improving understanding of the investment management industry. Their website has a consumer
area for people interested in investing or learning about investment management.
Chief Executive: Richard Saunders.
The Board consists of senior members of the industry. A full list of Board members can be found on the IMA website. There are a range of committees of members covering specific subject areas.
Non-profit organization
Nonprofit organization is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends...
trade association
Trade association
A trade association, also known as an industry trade group, business association or sector association, is an organization founded and funded by businesses that operate in a specific industry...
representing the UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
investment management
Investment management
Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
industry. It has 185 members, accounting for over 90% of the industry in the UK. Its members manage over £3.9 trillion of assets on behalf of UK and overseas clients.
Its role is to represent the interests of the industry to government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
and regulators in the UK and internationally, and to promote high standards within the industry.
The IMA sets out its policy positions by responding to consultations by the Government, regulators, the European Commission
European Commission
The European Commission is the executive body of the European Union. The body is responsible for proposing legislation, implementing decisions, upholding the Union's treaties and the general day-to-day running of the Union....
and others. It maintains links with Parliamentarians in both Westminster
Westminster
Westminster is an area of central London, within the City of Westminster, England. It lies on the north bank of the River Thames, southwest of the City of London and southwest of Charing Cross...
and the European Parliament
European Parliament
The European Parliament is the directly elected parliamentary institution of the European Union . Together with the Council of the European Union and the Commission, it exercises the legislative function of the EU and it has been described as one of the most powerful legislatures in the world...
and conducts research into various aspects of the industry to help inform policy submissions.
The IMA maintains fund sectors, that is a system of classifying funds which helps investors and their advisers find and select suitable funds. Funds in IMA sectors are regularly monitored for compliance with sector definitions, and oversight of the system is led by an industry committee, the Sectors Committee.
The IMA is dedicated to improving understanding of the investment management industry. Their website has a consumer
Consumer
Consumer is a broad label for any individuals or households that use goods generated within the economy. The concept of a consumer occurs in different contexts, so that the usage and significance of the term may vary.-Economics and marketing:...
area for people interested in investing or learning about investment management.
The Board
Chairman: Douglas Ferrans - Invista Real Estate Investment Management.Chief Executive: Richard Saunders.
The Board consists of senior members of the industry. A full list of Board members can be found on the IMA website. There are a range of committees of members covering specific subject areas.