The Association's members include independent fund managers, the asset management arms of retail banks, life insurers and investment banks, and the managers of occupational pension schemes. They are responsible for the management of approximately £5.5 trillion of assets internationally and manage holdings amounting to 30% of the domestic equity market.
At the Association Liz is responsible for developing and representing IMA's position on policy issues affecting asset managers as institutional investors in companies, including the obligations of companies and the rights of investors.
Liz is a chartered accountant and before the Investment Association, worked at a number of the main accounting practices providing consulting services to variety of financial services clients. She was also responsible for the review of the regulatory regime for custody at the Securities and Investments Board, then the lead City regulator, and investigated the management of the Maxwell pension funds at IMRO, the fund management industry's regulator at that time.