Nick Evans writes that a new paper by the Independent Investment Management Initiative (IIMI), a boutique asset management think tank comprised of over 40 leading independent firms in the UK and continental Europe, has called for regulatory action and reform in several key areas where IIMI members believe the UK authorities could do more to stimulate growth in the asset management industry.

Nick Evans writes that Cambridge Innovation Capital (CIC) the UK-based venture capital investor focused on building world-leading deep-tech and life sciences businesses connected with the Cambridge science and innovation ecosystem, has raised GBP225 million (USD300 million) for its oversubscribed second fund.

The FCA has published a Discussion Paper inviting views on potential criteria to classify and label investment products aimed at helping consumers navigate their sustainability characteristics. 

UK pension schemes are set to sharpen their focus of fund managers’ voting and engagements with investee companies, after a recent government taskforce highlighted the need to strengthen trustees’ voting rights.

UK pension schemes will face challenges in reporting the climate impact of their investments, says the investment industry as The Pensions Regulator closes a consultation on its draft guidance for Task Force on Climate-related Financial Disclosures (TCFD)-aligned reporting.

The Financial Conduct Authority (FCA) has received a total of 2,754 separate allegations of misconduct, including fraud, money laundering and compliance complaints, according to official figures. 

The market for ESG investing in the UK will come under greater scrutiny from the Financial Conduct Authority (FCA), according to a new business plan published by the regulator.

The FCA’s review into Assessment of Value Reporting (AoV) will make it significantly more difficult for fund groups to justify high fees during periods of underperformance.

A new study from the Pensions Management Institute (PMI) and BMO Global Asset Management finds that, as ESG has risen to the top of pension trustees’ agendas, most trustees are relying on investment consultants for their schemes’ adherence to sustainability goals.

The Pensions and Lifetime Savings Association (PLSA) has commented on the Government’s intention to extend the Taskforce for Climate Related Financial Disclosures.