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July 14 (Reuters) - Britain's Investment Management Association (IMA) this
week published its annual review of the industry, highlighting trends dominating
the industry. [ID:nLE321206] [ID:nLE462305]
Following are tables detailing the largest managers of assets in Britain and
the largest managers of British retail assets alone, as well as a look at
ultimate ownership of the firms, all sourced from the IMA.
Largest fund firms by assets managed in the UK at end-2008:
FIRM UK-MANAGED ASSETS GLOBAL ASSETS
Barclays Global Investors (BARC.L) 271 bln pounds 1.048 trln
Legal & General Investment Management (LGEN.L) 257 bln pounds 270 bln
State Street Global Advisors (STT.N) 162 bln pounds 1.004 trln
M&G Securities (PRU.L) 136 bln pounds 249 bln
Aviva Investors (AV.L) 126 bln pounds 236 bln
JPMorgan Asset Management (JPM.N) 121 bln pounds 785 bln
Insight Investment (LLOY.L) 119 bln pounds 119 bln
Standard Life Investments (SL.L) 100 bln pounds 124 bln
Scottish Widows Investment Partners (LLOY.L) 87 bln pounds 109 bln
BlackRock Investment Management (BLK.N) 82 bln pounds 903 bln
Firm ownership
OWNER UK-MANAGED ASSETS
Insurance company 29.5 percent
Asset/fund manager 27.7 pct
Retail bank 17.5 pct
Investment bank 12.0 pct
Other 9.5 pct
Pension fund manager 3.8 pct
Largest fund firms by retail assets at end-2008
FIRM 2008 ASSETS 2007 ASSETS
Invesco Perpetual (IPU.L) 24.8 bln pounds 29.0 bln
FIL Investment Management Ltd [FIDLI.UL] 15.4 bln pounds 21.4 bln
Jupiter Unit Trust Managers Ltd [JPAMG.UL] 11.9 bln pounds 14.6 bln
M&G Securities 11.4 bln pounds 12.8 bln
SWIP Fund Management Ltd 11.1 bln pounds 12.4 bln
Threadneedle (AMP.N) 9.9 bln pounds 11.4 bln
Legal & General (Unit Trust) Managers Ltd 8.0 bln pounds 7.4 bln
Schroder Investment Management Ltd (SDR.L) 7.6 bln pounds 10.7 bln
Capita Financial Managers Ltd (CPI.L) 7.6 bln pounds 8.2 bln
BlackRock Investment Management (UK) (BLK.N) 6.9 bln pounds 6.9 bln
(For the Hedge Hub blog: blogs.reuters.com/hedgehub)
(For Global Investing: here)
(Compiled by Joel Dimmock; Editing by Dan Lalor)