Most people don't know what investment management is and even fewer understand what asset managers do. But what this industry does is really important, both for individuals and the economy as a whole.
As the new chief executive of the Investment Management Association (IMA), I want us to focus on this importance to people in a new expression of our purpose, which underlines the inherent value of our work and which will drive everything we do in the future. First, our purpose is to ensure that investment managers are in the best possible position to build people's resilience to financial adversity, to help them achieve their financial aspirations and to enable them to maintain a decent standard of living as they grow older. And secondly, our purpose is of vital importance because th...
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