Why are independent asset managers so popular?

Independent groups' AUMs soar

Anna Fedorova
clock

Independent asset managers have more than doubled the amount of assets they manage, as a raft of mergers and acquisitions has shaken up the industry over the past decade.

According to the latest annual survey by the Investment Association, independent managers such as Majedie and Schroders managed 41% of all assets at the end of last year, compared to just 15% in 2003. Independent manager AUMs soar; Industry warns of 'regulatory tsunami' The driver for this was undoubtedly the rise of M&A activity in the industry, which has increased significantly over the past couple of years. The number of asset managers owned by insurance companies has also shrunk, which helps explain the shift towards more independents. Recent examples of companies that sold subs...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Investment Week launches Geographical Equities Conference 2024

Investment Week launches Geographical Equities Conference 2024

Allianz Global Investors, Downing, EdenTree and Royal London Asset Management among speakers

Investment Week
clock 15 January 2024 • 2 min read
Moody's downgrades China sovereign credit outlook to negative

Moody's downgrades China sovereign credit outlook to negative

Retains A1 rating

Elliot Gulliver-Needham
clock 05 December 2023 • 2 min read
ECB warns high rates are pushing economy towards fragility

ECB warns high rates are pushing economy towards fragility

‘Early signs of stress’ in banks

Elliot Gulliver-Needham
clock 22 November 2023 • 2 min read
Trustpilot