Welcome to the Institutional Investor Committee
The IIC (Institutional Investor Committee) is a group of trade associations that represent institutional investors and comprises the Association of British Insurers, the Investment Management Association and the National Association of Pension Funds.
Terms of Reference
The Terms of Reference of the IIC are as follows:
-
To provide a forum through which its member organisations may:
- Consider relevant matters where it is felt a coordinated approach or representation may have a greater impact with UK Government and regulators; European institutions; and, any other relevant international legislative, regulatory or standard setting bodies;
- Make joint representations/recommendations on occasion and by mutual agreement;
- Present a single voice for the institutional investment industry on matters affecting its role as investors in companies;
- Encourage compliance with appropriate codes from regulatory or other relevant bodies; and
- Consider any matter affecting or likely to affect the interests of investors in companies to ensure that there is a better outcome for savers and investors.
A new Advisory Council of practitioners is also to be formed shortly, made up of practitioners nominated by members of the IIC and appointed as individuals.
Rights Issue Fees Inquiry
The IIC’s “Best Practice Guidance for Issuers when raising equity capital,” published on Wednesday 18 May 2011, can be found here. The press release can be found here.
The Rights Issue Fees Inquiry report, published Tuesday 14 December 2010, can be found here.
The press release can be found here.