Treasury has revealed its “Investment Management Strategy II“, which sets out the Government’s priorities to ensure the UK remains a globally competitive sector for asset management. The approach focuses on six principles:

• establishing Centres of Excellence to strengthen the talent pipeline

• continuing to develop Fintech solutions such as blockchain enabled digital funds

• working to attract international firms

• promoting the benefits of the UK’s tax and regulatory environment

• improving dialogue with the industry through the Asset Management Taskforce and

• helping the industry to develop innovative investment strategies to meet changing investor demands.