Independent Investment Management Initiative Explained

Independent Investment Management Initiative
Type:	Think tank
Founder:	Daniel Pinto
Location City:	London
Location Country:	United Kingdom
Key People:	Jamie Carter (Chairman), Susannah De Jager (Deputy Chairman), Toby Illingworth (Executive Director)
Formerly:	New City Initiative

Independent Investment Management Initiative (IIMI), formerly known as the New City Initiative, is a British think tank that offers an independent, expert voice in the debate over the future of financial regulation for investment firms.^[1]

The IIMI aims to raise awareness of the contribution made by small entrepreneurial firms make to the economy and society as a whole. It publishes quarterly papers and contributes evidence to relevant political and regulatory commissions. It has for example argued that the bonus cap for bankers should only apply to banks that were bailed out by taxpayers and should not apply to independent fund managers.^{[2] [3]}

History

Founded in 2010, IIMI counts amongst its members some of the leading independent asset management firms in the City and the continent. The IIMI gives a voice to independent, owner-managed firms that are entirely focused on and aligned with the interests of their clients and investors.

Since 2010, an old fashioned “client-centric” approach has enabled entrepreneurial firms in the Square Mile and beyond to emerge as a growing force in a financial industry dominated by global financial giants. These firms play a key role in preserving the stability and long-term focus of the financial sector, which is of benefit to society at large.

Members

UK Members

• Bentley Reid & Co
• Brown Advisory
• Cape Ann Asset Management
• Cologny Advisors LLP
• Crux Asset Management
• Dalton Strategic Partnership LLP
• Edgbaston Investment Partners
• Findlay Park Partners LLP
• Floreat Group
• Independent Franchise Partners LLP
• Kennox Asset Management Limited
• Kestrel Investment Partners
• Kiltearn Partners
• Latitude Investment Management
• Longview Partners LLP
• Majedie Asset Management Ltd
• Mayfair Capital Investment Management Ltd
• Montanaro Asset Management
• Morant Wright Management Ltd
• Neptune Investment Management
• Northill Capital LLP
• NS Partners Ltd.
• Ocean Dial Asset Management Limited
• Oldfield Partners LLP
• Orbis Investments
• Phoenix Asset Management Partners Limited
• Polar Capital
• RWC Partners Ltd.
• Sanderson Asset Management
• Sanlam Four Investments Ltd
• Seaforth Land Holding Limited
• Silchester International Investors
• Somerset Capital Management LLP
• Stanhope Capital LLP
• Stonehage Fleming Family & Partners
• S. W. Mitchell Capital LLP
• Tellsons Investors LLP
• Troy Asset Management Limited
• ValuAnalysis Limited
• Vestra Wealth LLP
• Waverton Investment Management

Continental Members

• Carmignac Gestion
• Comgest S.A.
• La Financière Responsable
• Mandarine Gestion
• Sycomore Asset Management
• Skagen Funds
• Quaero Capital

External links

• List of think tanks in the UK - The Guardian
• The City does have a better side - Standard

Notes and References

1. News: Independent Investment Management Initiative (IIMI) reaches 50 members . September 5, 2024 . IFA Magazine .
2. News: Fund manager reprieve as cap vote is delayed . City AM . June 5, 2013 . https://web.archive.org/web/20160305010348/http://www.cityam.com/article/fund-manager-reprieve-cap-vote-delayed . March 5, 2016 .
3. Web site: UK set to step up opposition to bonus caps . City AM . May 20, 2013 . https://web.archive.org/web/20160304222749/http://www.cityam.com/article/uk-set-step-opposition-bonus-caps . March 4, 2016.