IA's John Allan: The UK can leverage DLT-based funds for wider benefit

Wider capital markets digitalisation

Technological advances are taking place at a faster pace than ever before. Last year, the Investment Association outlined a vision for the future Investment Fund 3.0.

A new iteration of the investment fund, powered by distributed ledger technology (DLT), is now available. This presents an opportunity for the UK to secure its future as the leading financial services hub in the digital age, better serving customers in the UK and across the world. In recent years, the question of how to harness the long-promised benefits of DLT within the UK investment sector has been increasingly discussed. In November, the first phase report from the City Minister's Asset Management Taskforce Technology Working Group was published, an industry collaboration with ...