THE INVESTMENT ASSOCIATION The Public Register is a list of publicly available information about company meetings of the FTSE All-Share. View the public register. IA Annual Conference 2021. 01 July. Buy one booking, get one free. Use

promo code: 2FOR1.

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. MATTERS THE LONG-TERM ASSET FUND The Investment Association Camomile Court, 23 Camomile Street, London, EC3A 7LL www.theia.org politics@theia.org @InvAssoc THE LONG-TERM

ASSET FUND

OPERATIONAL RESILIENCE IMPACT TOLERANCES THE INVESTMENT ASSOCIATION 5 INTRODUCTION This report is intended to help build an industry view of how firms can look at setting impact

tolerances.

THE INVESTMENT ASSOCIATION The Public Register is a list of publicly available information about company meetings of the FTSE All-Share. View the public register. IA Annual Conference 2021. 01 July. Buy one booking, get one free. Use

promo code: 2FOR1.

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. MATTERS THE LONG-TERM ASSET FUND The Investment Association Camomile Court, 23 Camomile Street, London, EC3A 7LL www.theia.org politics@theia.org @InvAssoc THE LONG-TERM

ASSET FUND

OPERATIONAL RESILIENCE IMPACT TOLERANCES THE INVESTMENT ASSOCIATION 5 INTRODUCTION This report is intended to help build an industry view of how firms can look at setting impact

tolerances.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

GETTING STARTED

The Investment Association Camomile Court 23 Camomile Street London EC3A 7LL Registration Number: 4343737 Phone 020 7831 0898 Membership:

GETTING STARTED

The Investment Association Camomile Court 23 Camomile Street London EC3A 7LL Registration Number: 4343737 Phone 020 7831 0898 Membership: STATISTICS BY SECTOR Best and worst selling Investment Association sectors - by year. Fund performance. Hide lower priority columns. IA Sector. Total funds - �m. Total net retail sales - £m. ISA funds - £m. ISA net sales - �m. Asia Pacific Excluding Japan. INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits ONLINE ASSET MANAGEMENT COURSES Award-winning financial-services-learning-management system. Bite-sized e-learning accessible on your PC or tablet, at any time. Trusted by over 750,000 users in 350 financial services firms. Compliance training, CPD and T&C managed through one platform. Learning content continually updated in line with changing regulation.

PERFORMANCE

Performance | The Investment Association. A key way the investment industry, fund selectors and distributors use our sector framework is to compare performance. Please note, data vendors collect performance data to create ranking tables and calculate sector averages. You can find further information on the average performance of the IA sectors MONTHLY COMPANY RANKINGS Monthly company rankings | The Investment Association. These group level figures include funds of funds that mainly invest in external funds (those run by other groups) or overseas funds. However, figures exclude funds investing in internal funds (i.e. those run by the same group) to avoid double counting of fund assets at group level. EFFECTIVE GOVERNANCE OF OPERATIONAL RESILIENCE EFFECTIVE GOVERNANCE OF OPERATIONAL RESILIENCE 3 CONTENTS 1. Introduction 4 Foreword 4 Executive summary 5 Introduction and purpose

6 2.

INVESTMENT INDUSTRY CALLS ON G7 TO TAKE FURTHER ACTION ON The UK investment management industry is calling on the G7 countries to do more to tackle climate change by committing to improve companies’ reporting on the climate-related risks they face. THE INVESTMENT ASSOCIATION The Public Register is a list of publicly available information about company meetings of the FTSE All-Share. View the public register. IA Annual Conference 2021. 01 July. Buy one booking, get one free. Use

promo code: 2FOR1.

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. MATTERS THE LONG-TERM ASSET FUND The Investment Association Camomile Court, 23 Camomile Street, London, EC3A 7LL www.theia.org politics@theia.org @InvAssoc THE LONG-TERM

ASSET FUND

OPERATIONAL RESILIENCE IMPACT TOLERANCES THE INVESTMENT ASSOCIATION 5 INTRODUCTION This report is intended to help build an industry view of how firms can look at setting impact

tolerances.

THE INVESTMENT ASSOCIATION The Public Register is a list of publicly available information about company meetings of the FTSE All-Share. View the public register. IA Annual Conference 2021. 01 July. Buy one booking, get one free. Use

promo code: 2FOR1.

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. MATTERS THE LONG-TERM ASSET FUND The Investment Association Camomile Court, 23 Camomile Street, London, EC3A 7LL www.theia.org politics@theia.org @InvAssoc THE LONG-TERM

ASSET FUND

OPERATIONAL RESILIENCE IMPACT TOLERANCES THE INVESTMENT ASSOCIATION 5 INTRODUCTION This report is intended to help build an industry view of how firms can look at setting impact

tolerances.

THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATION The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important STATISTICS BY SECTOR Best and worst selling Investment Association sectors - by year. Fund performance. Hide lower priority columns. IA Sector. Total funds - �m. Total net retail sales - £m. ISA funds - £m. ISA net sales - �m. Asia Pacific Excluding Japan.

GETTING STARTED

The Investment Association Camomile Court 23 Camomile Street London EC3A 7LL Registration Number: 4343737 Phone 020 7831 0898 Membership:

GETTING STARTED

The Investment Association Camomile Court 23 Camomile Street London EC3A 7LL Registration Number: 4343737 Phone 020 7831 0898 Membership:

PERFORMANCE

Performance | The Investment Association. A key way the investment industry, fund selectors and distributors use our sector framework is to compare performance. Please note, data vendors collect performance data to create ranking tables and calculate sector averages. You can find further information on the average performance of the IA sectors INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits ONLINE INVESTMENT WEBINARS The IA regularly publishes in-depth webinars on the subject of Asset Management, exclusively tailored for the Investment Industry. Discover our on-demand webinars today SUSTAINABILITY AND RESPONSIBLE INVESTMENT The overview – Part 1 of the IA's “Fund Communication of Responsible Investment” – is intended to provide an overview and summary of major incoming regulatory change in sustainable finance, in particular, from the EU. With a particular focus on Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy, it is intended

to help

EFFECTIVE GOVERNANCE OF OPERATIONAL RESILIENCE the investment association 4 foreword pauline hawkes-bunyan director, business: risk, culture & resilience at the investment association to ensure effective operational THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATION The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATION The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution

INDUSTRY DATA

The IA annual survey provides a snapshot of the UK industry in a European and wider international context. It contains hundreds of data points on trends in how firms invest for their customers and how the industry is evolving. Our research reports cover a wide range of areas. These include the industry’s wider economic contribution and the activity of investment firms as stewards of STATISTICS BY SECTOR Best and worst selling Investment Association sectors - by year. Fund performance. Hide lower priority columns. IA Sector. Total funds - �m. Total net retail sales - £m. ISA funds - £m. ISA net sales - �m. Asia Pacific Excluding Japan. INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 5 MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 26. Litigation assistance 26 27. Work-outs 27 28. Termination 27 29. Confidentiality

29

COMPANIES ACT AND ARTICLES OF ASSOCIATION GUIDANCE Registered office: The Investment Association 65 Kingsway, London, WC2B 6TD The Investment Association is a company limited by guarantee registered in England and FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATION The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATION The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution

INDUSTRY DATA

The IA annual survey provides a snapshot of the UK industry in a European and wider international context. It contains hundreds of data points on trends in how firms invest for their customers and how the industry is evolving. Our research reports cover a wide range of areas. These include the industry’s wider economic contribution and the activity of investment firms as stewards of STATISTICS BY SECTOR Best and worst selling Investment Association sectors - by year. Fund performance. Hide lower priority columns. IA Sector. Total funds - �m. Total net retail sales - £m. ISA funds - £m. ISA net sales - �m. Asia Pacific Excluding Japan. GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 5 MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 26. Litigation assistance 26 27. Work-outs 27 28. Termination 27 29. Confidentiality

29

COMPANIES ACT AND ARTICLES OF ASSOCIATION GUIDANCE Registered office: The Investment Association 65 Kingsway, London, WC2B 6TD The Investment Association is a company limited by guarantee registered in England and STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATIONDEFINED CONTRIBUTION INSTITUTIONAL INVESTME…NATIONAL REAL ESTATE INVESTMENT ASSOCIATIONREAL ESTATE INVESTMENT ASSOCIATIONNATIONAL ASSOCIATION INVESTMENT CLUBREAL ESTATE INVESTMENT ASSOCIATION FLORIDA The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATIONDEFINED CONTRIBUTION INSTITUTIONAL INVESTME…NATIONAL REAL ESTATE INVESTMENT ASSOCIATIONREAL ESTATE INVESTMENT ASSOCIATIONNATIONAL ASSOCIATION INVESTMENT CLUBREAL ESTATE INVESTMENT ASSOCIATION FLORIDA The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution

INDUSTRY DATA

The IA annual survey provides a snapshot of the UK industry in a European and wider international context. It contains hundreds of data points on trends in how firms invest for their customers and how the industry is evolving. Our research reports cover a wide range of areas. These include the industry’s wider economic contribution and the activity of investment firms as stewards of STATISTICS BY SECTOR Best and worst selling Investment Association sectors - by year. Fund performance. Hide lower priority columns. IA Sector. Total funds - �m. Total net retail sales - £m. ISA funds - £m. ISA net sales - �m. Asia Pacific Excluding Japan. GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 5 MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 26. Litigation assistance 26 27. Work-outs 27 28. Termination 27 29. Confidentiality

29

COMPANIES ACT AND ARTICLES OF ASSOCIATION GUIDANCE Registered office: The Investment Association 65 Kingsway, London, WC2B 6TD The Investment Association is a company limited by guarantee registered in England and STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATIONDEFINED CONTRIBUTION INSTITUTIONAL INVESTME…NATIONAL REAL ESTATE INVESTMENT ASSOCIATIONREAL ESTATE INVESTMENT ASSOCIATIONNATIONAL ASSOCIATION INVESTMENT CLUBREAL ESTATE INVESTMENT ASSOCIATION FLORIDA The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATIONDEFINED CONTRIBUTION INSTITUTIONAL INVESTME…NATIONAL REAL ESTATE INVESTMENT ASSOCIATIONREAL ESTATE INVESTMENT ASSOCIATIONNATIONAL ASSOCIATION INVESTMENT CLUBREAL ESTATE INVESTMENT ASSOCIATION FLORIDA The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution

INDUSTRY DATA

The IA annual survey provides a snapshot of the UK industry in a European and wider international context. It contains hundreds of data points on trends in how firms invest for their customers and how the industry is evolving. Our research reports cover a wide range of areas. These include the industry’s wider economic contribution and the activity of investment firms as stewards of STATISTICS BY SECTOR Best and worst selling Investment Association sectors - by year. Fund performance. Hide lower priority columns. IA Sector. Total funds - �m. Total net retail sales - £m. ISA funds - £m. ISA net sales - �m. Asia Pacific Excluding Japan. GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 5 MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 26. Litigation assistance 26 27. Work-outs 27 28. Termination 27 29. Confidentiality

29

COMPANIES ACT AND ARTICLES OF ASSOCIATION GUIDANCE Registered office: The Investment Association 65 Kingsway, London, WC2B 6TD The Investment Association is a company limited by guarantee registered in England and STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATIONDEFINED CONTRIBUTION INSTITUTIONAL INVESTME…NATIONAL REAL ESTATE INVESTMENT ASSOCIATIONREAL ESTATE INVESTMENT ASSOCIATIONNATIONAL ASSOCIATION INVESTMENT CLUBREAL ESTATE INVESTMENT ASSOCIATION FLORIDA The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution THE INVESTMENT ASSOCIATION The Investment Association is a trade body that represents Investment Managers & Asset Management Firms in the UK. Find out more about our work in the Industry today THE PUBLIC REGISTER / THE INVESTMENT ASSOCIATIONDEFINED CONTRIBUTION INSTITUTIONAL INVESTME…NATIONAL REAL ESTATE INVESTMENT ASSOCIATIONREAL ESTATE INVESTMENT ASSOCIATIONNATIONAL ASSOCIATION INVESTMENT CLUBREAL ESTATE INVESTMENT ASSOCIATION FLORIDA The Public Register is the world’s first register tracking shareholder dissent at listed companies. The Register details companies in the UK FTSE All Share that have received significant opposition by shareholders to a resolution (written statements by a company’s board of directors detailing a binding corporate action), or any resolution withdrawn before a shareholder vote. GUIDELINES | THE INVESTMENT ASSOCIATION Guidelines for Investee Companies. IA series of guidelines in which it sets out member expectations on issues such as corporate governance, share capital management, and other issues relating to capital

markets. Read more.

OPERATIONAL RESILIENCE On 29th March, the FCA published their final rules on operational resilience. These requirements are mainly as laid out in the original consultation with the exception that they have provided firms with a bit more time and flexibility to meet mapping and scenario testing requirements.. Timeline. The rules will come into force on 31 March 2022.By then, firms must have identified their important

FUND SECTORS

ETFs & IA Sectors. From April 19 2021, investors will be able to compare over 530 exchange traded funds (ETFs) from within the Investment Association’s sectors. To find more information on how the entry of ETFs will affect the IA sectors, please read our FAQs. The addition of over 530 ETFs will increase the number of funds

classified in the

COMMON SHARECLASS REGISTER The Investment Association (the “ IA ”) has made available to the general public the common shareclass register (the “ Common Shareclass Register ”) which compiles data regarding UK investment funds’ operated and/or managed by IA members and/or other firms within the financial services industry. In order to access the data,

users are

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution

INDUSTRY DATA

The IA annual survey provides a snapshot of the UK industry in a European and wider international context. It contains hundreds of data points on trends in how firms invest for their customers and how the industry is evolving. Our research reports cover a wide range of areas. These include the industry’s wider economic contribution and the activity of investment firms as stewards of STATISTICS BY SECTOR Best and worst selling Investment Association sectors - by year. Fund performance. Hide lower priority columns. IA Sector. Total funds - �m. Total net retail sales - £m. ISA funds - £m. ISA net sales - �m. Asia Pacific Excluding Japan. GLOBAL EQUITY INCOME YIELDS Global Equity Income yields. In January 2011 the Investment Association created the Global Equity Income sector and also decided to publish the annual yield figures achieved by funds in the sector. These are shown in the yield spreadsheet. Following an extensive consultation process the sector definition was revised in 2017 as

follows:

INVESTING WITH PURPOSE THE INVESTMENT ASSOCIATION 6 on in retirement, but can also include non-financial elements, such as to invest in companies, governments or projects that have social or environmental benefits PUBLIC REGISTER METHODOLOGY The Public Register covers the constituents of the FTSE All-Share Index. This covers approximately 98% of the UK’s market capitalisation and, under the Listing Rules, requires all companies with a Premium Listing of equity shares in the UK to report on how they’ve applied the UK’s Corporate Governance Code in their annual report and accounts. 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE 14 THE INVESTMENT ASSOCIATION 1 UK INVESTMENT MANAGEMENT INDUSTRY: A GLOBAL CENTRE SIZE OF THE UK INDUSTRY >> Global market performance in 2019 saw total UK managed assets under management rise to £8.5 trillion, a 10% increase year on year. MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 5 MODEL DISCRETIONARY INVESTMENT MANAGEMENT AGREEMENT 26. Litigation assistance 26 27. Work-outs 27 28. Termination 27 29. Confidentiality

29

COMPANIES ACT AND ARTICLES OF ASSOCIATION GUIDANCE Registered office: The Investment Association 65 Kingsway, London, WC2B 6TD The Investment Association is a company limited by guarantee registered in England and STATEMENT OF RECOMMENDED PRACTICE FINANCIAL STATEMENTS OF IMA - May 2014 SORP for Authorised Funds 2 1. Introduction 1.1 Statements of Recommended Practice (SORPs) are recommendations on accounting practices for specialised industries or sectors. FUND COMMUNICATION GUIDANCE THE INVESTMENT ASSOCIATION 6 5. Responsibility throughout the distribution chain. Clear disclosure and good customer information is a responsibility throughout the retail distribution Skip to main content

MAIN NAVIGATION

* Coronavirus

* About us

* Initiatives

* Policy

* Data

* Media

* Press releases

* Key Industry Facts

* Media Library

* Saving Matters Blog

* Events & Training

* Public register

* Join the IA

* __ Members

* Login to IA Learning * Start your Free Trial

* My Account

* Logout

__

Username

Enter your The Investment Association username.

Password

Enter the password that accompanies your username. Forgotten your password?

Member Registration

Non-Member Registration

WE REPRESENT

INVESTMENT MANAGERS IN THE UK Our 250 members collectively manage over £7.7 trillion for clients in the UK and around the world

ABOUT US

CHAMPIONING THE INDUSTRY We’re the trade body and industry voice for the UK’s leading investment managers.

Read more __

NEW TO INVESTING

While saving is about putting money aside for a rainy day, investing is about growing our money to achieve important goals in our life

Read more __

TWITTER FOLLOW US __

WHAT'S NEW

IA TITAN

The Investment Association is helping in the fight against cybercrime with TITAN, to enable IA members to leverage a cyber threat intelligence platform, to assist asset managers to defend against cybersecurity threats.

Read more __

PUBLICATION

What does best practice look like when delegating trades to custodians on the foreign exchange markets? Our new report provides recommendations and addresses the biggest problems facing investment managers in this area.

View __

PUBLICATION

Operational Resilience is a major focus within the industry at present and will continue to define operational risk and business continuity

agendas.

View __

OUR INDUSTRY IN NUMBERS

0

------------------------- Jobs across the investment management sector

0 %

------------------------- British households using the services of an investment manager

⅓

------------------------- Listed company shares owned by investment managers

� 0 Billion

------------------------- Direct Lending to Businesses Key Industry Statistics __

PolicyData

AllPublicationsConsultationsGuidelines ADDRESSING THE GENDER PAY GAP

VALUE ASSESSMENT

FX BEST PRACTICE GUIDE STANDARDISATION OF REJECT CODES IN FX TRADING OPERATIONAL RESILIENCE A MANEFESTO FOR INVESTMENT MANAGEMENT INVESTMENT MANAGEMENT: A GLOBAL INDUSTRY TACKLING THE CLASS CEILING

View more__

EVENTS & TRAINING

EVENTS

*

ENGINE INNOVATORS: COHORT 3 POWER PITCHES

Tue, 02 Jun 2020

More __

*

ENGINE INNOVATORS: COHORT 2 POWER PITCHES

Wed, 03 Jun 2020

More __

TRAINING

*

MANAGING CLIENT ASSETS AND CLIENT MONEY (CASS)

Wed, 27 May 2020

More __

*

MANAGING CLIENT ASSETS AND CLIENT MONEY (CASS)

Thu, 28 May 2020

More __

IA GROUP BUSINESSES

ENGINE

Identifies and develops fintech start-ups, helping them to bring new technology to the investment management sector faster and more effectively, through intensive 6-month programmes that include support

and mentoring.

Read more __

INVESTMENT20/20

Our industry careers service focuses on widening access to diverse talent including school and college leavers, as well as graduates. Find out how to get involved.

Read more __

IVIS

Institutional Voting Information Service (IVIS) is one of the UK's leading providers of corporate governance research. Our members use IVIS to help them exercise their voting rights and make more informed

voting decisions.

Read more __

OUR FEATURES

PUBLIC REGISTER

The Public Register is a list of publicly available information about company meetings of the FTSE All-Share. View the public register __ The Investment Association

Camomile Court

23 Camomile Street

London EC3A 7LL

Registration Number: 4343737

Phone 020 7831 0898

Email members@theia.org

FOOTER

* Cookie Policy

* Terms of Use

* Privacy Policy

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more.

Dismiss

__

__

�Copyright 2020 The Investment Association Web design and Development by Moore-Wilson

__