When Daniel Godfrey was Chief Executive of the Investment Association, the trade body for the £6 trillion UK investment management sector, he saw first-hand how the industry could improve.
In that role, he worked with many people and firms who were committed to improving investment and the operation of capital markets. But he saw how strong the systemic pressures are and how, despite widespread desire for change, radical reform is rebuffed. He saw first-hand how, if change was to happen, it would need a fresh approach and has been supported by many people and firms in the industry with a shared purpose.
Costs and charges could be much simpler and more transparent, making customers better informed. Short-term pressures and incentives could be replaced with longer-term thinking and investing, creating more growth. And, as well as giving investors more, better investment practices would have a positive impact on society – generating not just better returns, but a better future for everyone.
Daniel has over 30 years’ experience of financial services, including over a decade as Director General of the Association of Investment Companies, four years as Marketing Director of Flemings (now JP Morgan) Investment Trust Management and three years as Chief Executive of the Investment Association.
He currently serves as an Independent Director of The Investor Forum, Digital Moneybox and Big Issue Invest.
