The Institute of Asset Management is owned by Members and Fellows of the IAM, who are Voting Members. Several different groups govern the Institute in various different ways, listed below.
The Board has responsibility for the legal and corporate governance of the Institute. The Board may exercise all the powers of the Institute and implement any directions given by special resolution in General Meeting.
All members can influence the direction of the IAM through the Council. The role of Council is to ensure that members’ interests are properly represented, regarding strategy, long-term policy, and the disposition of the resources.
Faculty ensure that the discipline of asset management and all standards, guidance, knowledge and other outputs produced by the Institute are aligned with the aims of the Institute.
IAM Centre has permanent offices that are used to support members, Chapters and customers and coordinate the administration, membership and trading activities of the Institute.
Chapters are legal entities: they are organised groups of IAM members from one country (or more) who provide an immediate interface for members to engage with the IAM. They are a means of enabling members to act locally but think internationally as part of the IAM, sharing in and contributing to the success of our objectives.
Committees plan and coordinate most of the primary activity of the Institute. A Committee is typically made up of a chairman and representatives from the membership. The delivery work of the IAM will be increasingly carried out by Project Teams and Committees in Chapters and Branches.
The Institute of Asset Management is a Company Limited by Guarantee (CLG) governed by a Memorandum & Articles of Association and also by Byelaws. There are several wholly-owned subsidiary companies owned by the CLG for tax and accounting purposes. These include IAM Trading Ltd, IAM Chapters Ltd and IAM Learning Ltd. If you are trading or have contractual dealings with the Institute, you will be dealing with one or more of these legal entities.