The Economic Secretary Andrew Griffith’s Asset Management
Taskforce has been joined by five new senior executives from the
UK’s world-class investment industry, it was announced today.
Hans Georgeson (CEO, Royal London Asset Management), Mark Murray
(Senior Partner, Artemis), Joseph Pinto (CEO, M&G Asset
Management), Nick Ring (CEO EMEA, Columbia Threadneedle) and
Andrew Telfer (CEO, Baillie Gifford) have joined the Taskforce in
the wake of the Chancellor’s Edinburgh Reforms, which aim to
drive growth and competitiveness in the financial services
sector.
The Economic Secretary has also launched a new Technology Working
Group, which will run in parallel to the Taskforce to examine the
impact of new technology on the asset management sector. The
group – chaired by Michelle Scrimgeour (CEO, Legal and General
Investment Management) – will work to articulate the benefits of
technology for investors and industry, and will identify the main
opportunities presented by technologies including tokenisation,
artificial intelligence and distributed ledger technology.
The group’s membership will be drawn from Taskforce members,
government and regulators, and wider non-asset management
stakeholders. It will hold a series of meetings over the next
year and subsequently produce a final report to the Taskforce.
The report will explain the group’s findings and contain guidance
and recommendations for government, regulators and industry.
Previous reports produced by the Taskforce – on the UK funds
regime and on stewardship – have been very successful in
progressing their respective agendas.
, Economic Secretary to the
Treasury said:
“Investment management is of central importance to the UK economy
and I am determined to help it continue to flourish.
“The UK is well-placed to take advantage of the opportunities
presented by new technology in financial services, and I look
forward to the Technology Working Group’s findings with great
interest.”
Asset Management Taskforce members
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Stephen Cohen, Head of EMEA, BlackRock
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Chris Cummings, CEO, Investment Association
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Helen Dean, CEO, NEST
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Hans Georgeson, CEO, Royal London Asset Management
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Sean Hagerty, Managing Director of Europe, Vanguard
-
Peter Harrison, CEO, Schroders
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Catherine Howarth, CEO, ShareAction
-
Mark Murray, Senior Partner, Artemis
-
Joseph Pinto, CEO, M&G Asset Management
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Anne Richards, CEO, Fidelity International
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Nick Ring, CEO EMEA, Columbia Threadneedle
-
Michelle Scrimgeour, CEO, Legal & General Investment
Management
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Andrew Telfer, CEO, Baillie Gifford
-
Patrick Thomson, CEO EMEA, JP Morgan Asset Management
-
Sarah Pritchard, Executive Director - Markets, Financial
Conduct Authority (FCA)
