Industry Analysis & Industry Trends
The Fund Management Activities industry in the United Kingdom is the second largest in the world and the largest in Europe. Funds under management (FUM) by the industry are expected to reach £4.7 trillion in 2013-14. Industry revenue comes predominantly from management fees, which are normally calculated as a percentage of FUM. The industry is expected to grow at a compound annual rate of 2.2% over the five years through 2013-14 to reach £13.3 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four UK fund management firms operating in the industry are expected to manage a combined total of 28% of FUM in the industry in 2013-14. This indicates that the industry has a low level of industry concentration. The 10 largest fund managers manage a combined total of approximately 52% of all FUM. The industry is characterised by a small number of large firms in terms of asset size, which then rapidly decreases to a long tail of medium to small-size firms.
Concentration in the industry has been increasing over the past five years due to acquisition activity by some of the largest players. Particularly significant was the 2009 acquisition of Barclays Global Investors, previously the largest industry player, by BlackRock Inc, one of the largest global investment managers... purchase to read more