Asset Management

ima Created by KURTOSYS with kind permission by the Investment Management Association ASSET MANAGEMENT THE INDUSTRY IN FIGURES £4.2trn £575bn Total assets managed in the UK by IMA member firms Managed in UK-authorised funds (OEICS and unit trusts) £1.6trn £765bn Assets managed in the UK on behalf of overseas clients UK-managed funds domiciled offshore £2.4trn £11bn Assets managed worldwide on behalf of UK institutional clients Revenue earned by UK-based asset management firms IMA members manage a total of £4.2trn assets in the UK, with the wider industry estimated at £4.9trn Total assets under management in the UK and in UK authorised funds (2005-2011) Wider Asset Management Industry £bn UK commercial Discretionary private client 4,500 property 4,000 managers managers 3,500 IMA membership £4.2trn 3,000 Private Hedge 2,500 equity funds funds 2,000 1,500 Other asset management firms 1,000 500 Total assets managed in the UK estimated at £4.9trn 2005 2006 2007 2008 2009 2010 2011 TUK Authorised Funds I Total Assets under Management Source: IMA, BVCA, ComPeer, HedgeFund Intelligence, IPD Institutional clients represent nearly 81% of the total; retail and private clients accounted for 18% and 1.2%, respectively Assets managed in the UK by client type Private Clients 1.2% Pension Funds 38.3% Retail Clients Institutional Clients 18.2% 80.6% In-house Insurance 18.7% Third Party Insurance 5.1% Public Sector 4.7% Sub-advisory 3.7% |Corporate 3.0% Non-profit 1.1% Other 5.9% Passively managed assets increased to 22% of total UK assets under management Active and passive assets as a proportion of total UK assets under management (2006-2011) Overall allocation of UK-managed assets (2007-2011) Of the £4.2trn, the largest proportion was invested in equities (42%), closely followed by fixed income (38%) 100% 60% 80% 50% LI.LL 60% 40% 30% 40% 20% 20% 10% 0% 0% 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 IEquities Bonds I Cash IProperty Other IActive I Passive UK equities decreased to 37% of the overall equity allocation, continuing a long-term decline UK-managed equities by region (2006-2011) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2006 2007 2008 2009 2010 2011 I UK I Europe (ex UK) I North America I Pacific (ex Japan) 59.2% 51.4% 46.2% 47.1% 42.0% 36.8% 16.2% 18.1% 20.6% 17.0% 20.0% 19.5% 12.1% 14.8% 15.6% 13.7% 15.4% 16.5% 4.8% 5.8% 5.2% 8.1% 7.5% 8.9% Japan I Emerging Market Other 4.3% 4.7% 5.8% 4.7% 4.3% 5.0% 1.8% 4.3% 6.0% 8.4% 9.9% 12.7% 1.7% 0.9% 0.6% 1.0% 0.9% 0.6% Of the 38% invested in fixed income, the largest share was held in £ Sterling Corporate (25%), followed by UK Government bonds (21%) Allocation by UK-managed fixed income by type and region AandMangee UK Government 20.9% ima Overseas 32.4% UK Index-linked 14.2% Other UK Download the full Asset Management Survey www.investmentfunds.org.uk 8.0% £ Sterling Corporate 24.5% SOURCE: HTTP://www.INVESTMENTFUNDS.ORG.UK/RESEARCH/IMA-ANNUAL-INDUSTRY-SURVEY/ ima © INVESTMENT MANAGEMENT ASSOCIATION (2012). ALL RIGHTS RESERVED. NO REPRODUCTION WITHOUT PERMISSION FROM THE IMA. CREATED BY KURTOSYS SYSTEMS WITH KIND PERMISSION BY THE IMA.