A new cooperative partnership has been formed between the Investment Association (IA) and the Irish Association of Investment Managers (IAIM).
This arrangement aims to create a deeper and more effective partnership between the IA and IAIM in the interests of members and the wider industry.
The partnership means that both organisations agree to work cooperatively on issues of mutual interest, and share intelligence on key regulatory and legislative initiatives.
The IA and IAIM will also strengthen interactions at the international level. This includes cooperation on initiatives which aim to enhance the reputation and profile of the global industry such as diversity and inclusion.
Chris Cummings, chief executive of the Investment Association, said: “This partnership will bring greater collaboration, the sharing of intelligence, and the bolstering of our efforts at an international level, and is a natural extension of our existing close ties with IAIM. Together we’ll be able to champion several policy objectives, including on facilitating cross-border activity and the free flow of capital, promoting responsible and sustainable investing practices, and supporting international regulatory coherence.
“We hope to expand these partnerships over time to allow even greater collaboration with global partners.”
Michael D’Arcy chief executive of the Irish Association of Investment Managers added: “We are delighted to agree this partnership after extensive discussions over the last six months. IAIM and IA have many common members and we see this partnership as a way of delivering a more holistic and seamless bridge to the EU via our strong and robust regulatory jurisdiction. Together with the Investment Association we look forward to working on many initiatives for the mutual benefit of our members and the provision of a stable asset management offering to European investors.”