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The Institute of Asset Management (IAM) Global Conference June 2026 refreshed me.
It wasn’t just the small but growing community of asset managers who want to discuss (and do) Wave 3 and Wave 4. The conference theme was ‘Connected World – Shaping Our Future’, and several speakers addressed future friendly-infrastructure. Shout out to Miriam MacLennan and Will Adeney for their presentation on regenerative AM, going beyond doing no harm.
It was also refreshingly sophisticated. Not just consultants talking about their projects, unless those projects were instituting Asset Management from scratch at one of the giant airports to be (Jeddah in Saudi Arabia) or managing the M25, nickname The Road to Hell.
Several speakers talked about AI realism – what can it and what can’t it usefully do for AM – and the limits of standards. We cannot afford to be naïve.
There was more discussion off-line about organisations going backwards. One cause is complacency, believing everyone now understands and can do AM, so there’s no need for an AM team. (Let the poachers control themselves?*) On a bad day, I am not sure this is a question of recovery to good Asset Management, so much as proof that some organisations never really understood it in the first place.
There is still work to be done on Wave 2.
But watch out for more on networking around Wave 4!
*From a phrase coined by Jim Kennedy at NSW RailCorp long ago
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