Investment Association appoints Schroders’ chief as chair

Schroders’ chief executive Peter Harrison has been appointed as chair of The Investment Association.

Harrison will take up the position on May 1 with Andrew Formica, Henderson Global Investors chief executive, taking the deputy chair position at the same time.

Both will serve a fixed two-year term as leaders of the Investment Association (IA) board.

The move comes as Helena Morrissey, who recently joined Legal & General Investment Management (LGIM), steps down from the board.

Morrissey joined the IA in 2014 alongside Daniel Godfrey who was made chief executive. Godfrey was ousted last year after trying to push through reforms that upset some of the IA’s most prominent members.

Chris Cummings, the IA’s current chief executive, said that as the UK asset management industry plays a key role in ensuring the financial health of the nation, it was important to have “a strong trade association”.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

LATEST SURVEY

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST