Asset Management Survey
The IMA asset management survey is now in its twelfth year and the results for 2013 show that growth in assets under management in the UK continues to be strong. The UK remains Europe’s largest centre for asset management and is second only to the US on the global stage. The investor base for UK assets is becoming ever broader, with the growing importance of overseas clients in recent years continuing into 2013.
This year’s Survey shows that de-risking among defined benefit schemes continues as defined contribution provision is set to grow rapidly, with the roll out of automatic enrolment. Asset managers are likely to be increasingly under the spotlight as the provision of appropriate investment strategies for default funds becomes vital. At the same time the changes announced in the Budget will radically alter the retirement income landscape.
We hope you enjoy reading the 2013 Survey and welcome any thoughts or suggestions on the issues you would like us to consider in future editions.