Tory MP: Government should give fund managers £15bn to invest in SMEs

Recovery Fund mooted to drive sector growth

Mike Sheen
clock • 3 min read

Conservative MP and former employee of HSBC Bim Afolami has called on the Treasury to establish a 'Recovery Fund' of £15bn, which would be allocated to FCA-regulated fund managers to invest in the shares of small- and medium-sized businesses in efforts to deliver "transformative growth after Covid-19".

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Forvis Mazars reduces US mega-cap holdings in Q3 MPS rebalance

Forvis Mazars reduces US mega-cap holdings in Q3 MPS rebalance

Shifts into gold and bonds

Patrick Brusnahan
clock 10 August 2026 • 1 min read
FundCalibre's Juliet Schooling Latter: A fund to take advantage of growth and value's levelling playing field

FundCalibre's Juliet Schooling Latter: A fund to take advantage of growth and value's levelling playing field

Fidelity Global Special Situations

Juliet Schooling Latter
clock 07 August 2026 • 5 min read
Hargreaves Lansdown's Kate Marshall: UK opportunities beyond the crowded AI trade

Hargreaves Lansdown's Kate Marshall: UK opportunities beyond the crowded AI trade

Diversification potential

Kate Marshall
clock 04 August 2026 • 3 min read
Trustpilot