Treasury backs Asset Management Centres of Excellence in universities

The plan, which sets out to address the "current skills shortage" and create a "pipeline of talent" into the asset management industry, was announced in the Treasury's report Investment Management Strategy II, published this morning. The document highlighted six key areas of growth for the sector that it would be supporting, including promoting the UK's competitiveness and "ensuring global regulatory coherence". The six areas of growth laid out in the strategy include: • Strengthening the UK's investment management talent pipeline, by supporting the industry to establish Asset Mana...