This year, the prestigious Institute of Asset Management (IAM) celebrates 30 years of shaping and advancing the asset management discipline.

Throughout 2024, the IAM will be reflecting on its significant achievements, with in-person celebrations at their Global and Chapter Conferences, as well as via a series of celebratory messages featuring contributions from IAM members.

Established in 1994 with the mission to “advance for the public benefit the science and practice of asset management”, the IAM has grown from a visionary idea into a globally recognised professional body that has markedly shaped the asset management world through thought-leadership and global collaboration.

Its legacy includes promoting industry standards and best practise, developing knowledge and educational resources, and building a diverse global community — all of which has made a lasting impact on the discipline, with far-reaching benefits for society.

“Throughout its history, the IAM has championed the development of asset management standards, frameworks, and best practices, empowering individuals and organisations to realise value from assets and achieve sustainable outcomes,” said CEO Ursula Bryan, reflecting on the 30-year milestone.

“With a diverse worldwide network spanning industries and geographies, the IAM has fostered a vibrant community of asset management professionals dedicated to developing themselves and their organisations, as well as volunteering to advance and promote the Institute and the asset management discipline.

“As we enter our fourth decade, everyone involved in the Institute over the last 30 years can be proud of all we have achieved together. Looking ahead, we are more committed than ever to rise to the challenges and embrace the opportunities of the future.”

The IAM, as an international not-for-profit, remains dedicated to guiding professionals and organisations through the complexities of asset management, ensuring continued value and innovation in the decades to come.

“We navigate an era of unparalleled technological advancements and pressing sustainability challenges”, said President Christian Roberts. “Our journey, rich with achievements in promoting best practices and standards, has significantly enhanced the life cycle and resilience of infrastructure assets worldwide. But there is more to be done.

“The next thirty years promise a transformative landscape. Emerging technologies – including Artificial Intelligence, climate change and evolving societal needs, will redefine our domain. Embracing innovation, fostering inclusivity, and steadfast commitment to sustainability will be critical to our continued success. I firmly believe that together, the IAM will continue to shape a resilient, efficient, and sustainable future for asset management.”

ITN Business has partnered with the IAM on three programmes since its first collaboration in 2021, including the ‘Unlocking Value’ news-style programme in 2023, which featured an interview with Christian Roberts in which he discussed how asset management is evolving to keep pace with a rapidly changing world.

ITN Business’ Shannon Fairchild, who was involved in the production of all three programmes, said: “I’ve been fortunate enough to work across the trilogy of programmes we have produced in partnership with the IAM over recent years. Helping them celebrate their impressive 30 years of professionalising Asset Management is not only a natural extension of that collaborative relationship, it is also a real privilege.”

Our interview with Christian Roberts, as part of the 2023 Unlocking Value programme

Milestone achievements of the IAM

One of the IAM’s most notable contributions is its involvement in the development and support of the ISO 55000 series, the international standard for asset management. This standard has been instrumental in providing a framework for organisations worldwide to implement effective asset management systems, ensuring optimal value from their assets throughout their life cycle.

The IAM has been a pioneer in professional qualifications, offering the IAM Certificate and IAM Diploma, which are now recognised as benchmarks of competence and expertise in the field. Over the past 30 years, thousands of professionals have benefited from the IAM’s training programs, workshops, seminars, webinars, and online courses tailored to various levels of experience and expertise.

Building a global community and expanding its reach

Another key achievement of the IAM has been the creation of a vibrant, global community of asset management professionals. Through its annual conferences, regional events, and special interest groups, the IAM has facilitated invaluable networking and knowledge-sharing opportunities. The IAM Global Conference, in particular, has become a flagship event, drawing experts and practitioners from around the world to discuss the latest trends, challenges, and innovations in asset management.

The Institute regularly publishes technical guides, best practice manuals, case studies, and Assets magazine, which provide insights and practical guidance for professionals in the field.

In the coming years, the IAM aims to expand its global reach, supporting a more diverse and inclusive community of asset management professionals.

To learn more about the in-person events and Global and Chapter Conferences for 2024, and to book your tickets, head to IAM – The IAM@30.