New City Initiative, which represents leading independent UK asset managers, is now the Independent Investment Management Initiative (IIMI) following a rebrand.
The think tank was founded as New City Initiative in 2010 by 25 members with £75bn under management, in order to give a voice to independent, owner-managed asset management firms in the debate over the future of financial regulation. New City Initiative urges UK fund structure to rival UCITS and AIFMD Today, it is comprised of 44 independent firms from the UK and Europe, managing over £500bn and employing several thousand people. The IIMI Singapore was launched in 2019 in response to demand from asset managers in the region. Commenting on the rebrand, IIMI chairman Nick Mottram sai...
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