London, UK — MFA’s Head of Global Government Affairs, Jillien Flores, issued the following statement in response to the Financial Conduct Authority’s appointment of consultants to analyze potential designs for a Consolidated Tape (CT) for equities in the UK:
“MFA has long supported efforts to establish a CT for various asset classes in the UK and welcomes the FCA’s work to facilitate a path forward to establish a CT for equities. Pursuing a CT for equities will enhance UK capital markets and ensure that the City remains a preeminent financial centre.” – Jillien Flores, MFA Head of Global Government Affairs
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About the global alternative asset management industry
The global alternative asset management industry, including hedge funds, credit funds, and crossover funds, has assets under management of €5 trillion (Q3 2023). The industry serves thousands of public and private pension funds, charitable endowments, foundations, sovereign governments, and other global institutional investors by providing portfolio diversification and risk-adjusted returns to help meet their funding obligations and return targets.
About MFA
Managed Funds Association (MFA), based in Washington, DC, New York, Brussels, and London, represents the global alternative asset management industry. MFA’s mission is to advance the ability of alternative asset managers to raise capital, invest, and generate returns for their beneficiaries. MFA advocates on behalf of its membership and convenes stakeholders to address global regulatory, operational, and business issues. MFA has more than 180 member fund managers, including traditional hedge funds, credit funds, and crossover funds, that collectively manage over €3 trillion across a diverse group of investment strategies. Member firms help pension plans, university endowments, charitable foundations, and other institutional investors to diversify their investments, manage risk, and generate attractive returns over time.
