英国投资协会（IA）：2023-2024年英国投资管理调查报告（英文版）（130页）.pdf

1、INVESTMENT MANAGEMENT IN THE UK 2023-2024The Investment Association Annual SurveyOctober 20242CONTENT ENQUIRIESinvestmentassociation.surveytheia.org CONTRIBUTORSHassan AliMiranda SeathRichard HaleSarah ShehabiThe Investment Association(IA)Camomile Court,23 Camomile Street,London,EC3A 7LL www.theia.o

2、rgInvAssocOctober 2024 The IA(2024).All rights reserved.No reproduction without permission of the IA.3CONTENTSIndex of Charts,Figures and Tables 5About the Survey 8Survey Foreword 10Executive Summary 121.UK INVESTMENT MANAGEMENT INDUSTRY:A GLOBAL CENTRE 14 Role of investment management 15 Industry s

3、ize and scale 16 The UK in a global context 202.THREE KEY THEMES THAT WILL SHAPE THE UK INDUSTRY 25 Maintaining the UKs competitiveness in a new economic cycle 26 The evolution of sustainable investing in a new economic environment 30 Supporting innovation and harnessing the benefits of AI and token

4、isation 353.TRENDS IN CLIENT ASSETS AND ALLOCATION 40 Client types 42 Trends in asset allocation 44 Segregated vs.pooled 47 Indexing strategies 47 Investment in the UK economy 50 Ongoing focus on liquidity management 524.UK INSTITUTIONAL MARKET 56 Market overview 57 Evolution of the UK pensions mark

5、et 58 Trends in the third party institutional market 61 INVESTMENT MANAGEMENT SURVEY 2023-24|CONTENTSTHE INVESTMENT ASSOCIATION45.UK RETAIL MARKET 72 Funds under management 74 Retail flows in context 79 Index trackers 82 Responsible investment 84 Asset allocation 86 Net retail sales by investor obje

6、ctive 87 Equity fund sales by region 89 Fixed income 91 Property funds 91 Funds of funds 93 Distribution channels 93 Retail investor holding periods 94 The UK in the context of the European funds market 956.OPERATIONAL AND STRUCTURAL EVOLUTION 97 Industry profitability 98 Employment in the investmen