The Investment Association has unveiled a 10-point Statement of Principles to help firms put clients' interests first, which has been signed by 25 asset management firms.
Firms including Old Mutual Global Investors, Hermes Investment Management and Kames Capital have signed the pledge, representing £1.8trn in assets under management. The list (given in full below) is a mix of boutique and larger firms. Signatories will publish a statement on their websites explaining they put client interests at the heart of their firm and how they identify and deal with any issues that could compromise their ability to uphold the principles. This will have to be published by the end of the year. Helena Morrissey (pictured), chair of the Investment Association, said: "...
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