Industry Analysis & Industry Trends
Over the past five years, there have been drastic changes in the United Kingdom's economic landscape. The booming real estate values that previously caused the Unit Trusts industry to prosper have now either declined or stagnated. The industry is no longer flourishing as it used to.
The financial crisis had a big effect on the industry, especially during 2008-09, when revenue fell 44.5%. Although a recovery has been made over the past three years through stimulus initiatives enacted by the government, the high revenue growth achieved prior to the crisis seems to be a phenomenon of the past. In 2012-13, industry revenue is forecast to grow just 5.8% to total £1.17 billion. Overall, revenue is expected to decline by an annualised 3.9% over the five years through 2012-13... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is estimated to be growing, with industry value added growing faster than the economy over the 10 years through 2012-13. This includes rising profit, expansion in participation and wages and supporting capital requirements. The industry benefited from a boom in property values during the mid-2000s, leading to strong growth in the value of trust assets under management, the number of industry operators, employment and favourable returns. During the subprime mortgage crisis and the global financial crisis, industry conditions deteriorated significantly. However, this is thought to be a temporary dip in the industry's growth life cycle, and property managers are likely to continue to grow at a solid rate over the coming five years... purchase to read more