Investment Association to open Brussels hub

In efforts to better engage with European regulators and policymakers

The Investment Association (IA) is looking to open a new office in Brussels, amid efforts to better reflect its members' multi-national presence as well as improve engagements with European regulators and policymakers.

In what will be the first non-UK base for the City-based trade body, an IA spokesperson said it follows a three-year strategy implemented when chief executive Chris Cummings was appointed in 2016. Investment Week understands the expansion to the de-facto capital of the European Union is unrelated to Brexit and forms part of a longer-term strategy. However, the IA has been vocal in its position on the UK's negotiating priorities ahead of the country's divorce from the bloc, lobbying government and publishing its key goals. UK funds industry AUM reaches 'unprecedented' £1.2trn in 201...