Godfrey leaves the Investment Association

Daniel GodreyThe Investment Association (IA) made the surprise announcement that its chief executive, Daniel Godfrey, has left the role he took up in December 2012. Godfrey was sometimes a controversial figure within the organisation. The Statement of Principles initiative launched in April seemed to be a success although there were rumours of discontent among the asset management community over its content. Guy Sears, currently director, risk, compliance and legal, will take on the role of interim chief executive until a permanent replacement is appointed, the process of which is underway according to the IA. Helena Morrissey, chair of the IA, says: "The Board would like to thank Daniel for his significant contribution to the Investment Association. During his time Daniel has driven a number of important initiatives, including the transformative merger with ABI Investment Affairs. His commitment and passion for our industry is widely admired by all those who have worked with him. We owe him a great debt of gratitude and wish him the very best for the future.” Morrissey was also keen to play down the significance of the departure, saying: "The Association's members have always been conscious of their responsibilities in looking after other people's money and recent events should not put that in doubt.” She adds: “The issues some members have voiced have been about the scope of the Association's agenda and the style and approach of engagement with members in recent years.” As a result of these concerns, a consultation will take place in order to “guide the new chief executive”, according to Morrissey. ©2015 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.