Industry Analysis & Industry Trends
The UK Fund Management Activities industry is the second largest in the world and the largest in Europe. The funds under management (FUM) by the industry are expected to reach £5 trillion in 2014-15. Industry revenue comes predominantly from management fees, which are normally calculated as a percentage of FUM. Industry revenue is expected to grow at a compound annual rate of 4.6% over the five years through 2014-15, reaching £13.2 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four UK fund management firms are expected to manage a combined total of 30.3% of FUM in the industry in 2014-15. This indicates that the industry has a low level of concentration. The 10 largest fund managers account for a combined total of approximately 52% of all FUM. The industry is characterised by a few firms that are large in terms of asset size and a long tail of medium and small firms. This is highlighted by the fact that approximately 68.3% of firms employed fewer than 10 staff in 2013.
Concentration in the industry has been rising over the past five years due to acquisition activity among some of the largest players... purchase to read more