The UK's offer The largest centre for asset management outside the US £10.9tn of assets under managementA truly international market: 49% (£4.5tn) of assets under management are managed for overseas investorsAn international hub for sustainable investment opportunities Ideally placed to manage investment With a favourable time zone and language, a thriving financial and professional services ecosystem and a diverse talent pool, the UK is the gateway to global capital. The UK is the world’s largest asset management centre outside the US, with more assets under management (AUM) than the next two top European countries (France and Switzerland) combined. The UK houses 1,000 asset management firms, the largest number in Europe. This shows the dense cluster of expertise and diversity of services the UK has to offer. The UK also attracts global institutional investors to operate in. London houses the highest number of overseas offices of sovereign wealth funds and public pension funds, such as Temasek, AustralianSuper, CPP Investments and the Mubadala. The UK’s offering for global asset owners and managers Global Investment Futures Global Investment Futures The UK is a top choice for international investors Almost half (49%) of total assets managed in the UK are managed on behalf of overseas clients. £10.9tn assets under management in the UK - second only to the US 36% of all European assets are managed in the UK, significantly more than any other European country £490bn assets are managed in Scotland equivalent to 5% of UK total assets. 68% of UK-managed assets sit within overseas-domiciled funds AustralianSuper AustralianSuper is Australia’s largest pension scheme, helping its members to achieve their best financial position in retirement by delivering robust long term investment returns. We spoke to Damian Moloney, Head of Investments, International, about the fund’s plans for the future and the benefits of having an office in the UK. Read more What does the UK offer? An unrivalled access to top talent, proximity to clients and major global companies and a world-leading financial centre. Read our case study with Managed Funds Association on how they support alternative asset managers around the globe. International reach The UK is a pre-eminent asset management centre for global investors with £4.5tn managed on behalf of overseas clients International reach A deep talent pool In London alone, 33,300 people work in the asset management sector A deep talent pool Thriving ecosystem Many global managers and institutional investors have their European headquarters in London Thriving ecosystem Europe's biggest asset management centre The Investment Association's Asset Management Survey shows that the UK remains Europe’s biggest asset management centre, and that European clients continue to account for the majority (56%) of its overseas client assets. The UK’s share of the European market is almost equivalent to the combined total of France, Germany and Switzerland. Find out more from the IA's survey An international hub for sustainable investment As of 2022, sustainable investment assets under management globally amounted to $30.3 tn. This is an increase of 20% in non-US markets compared to 2020. The UK is an international hub for sustainable investment opportunities. UK managers with more than £7.7tn AUM are now signatories to the Net Zero Asset Managers initiative. This represents more than three-quarters of the AUM in the UK. Leading ESG globally Sustainable and responsible investment (S&RI) funds managed in the UK reached £102bn in 2023. Leading ESG globally Integrating sustainability As of the end of 2023, there were 458 responsible investment funds. Integrating sustainability Partner Story CDPQ CDPQ Partner Story Aware Super Aware Super Partner Story abrdn abrdn Partner story Findlay Park Findlay Park See more Case Studies "We established our European base in London in 2016. The benefits of an on-the-ground presence in London have certainly been realised – access to talent, increased investment opportunities, and being part of a mature and substantial investment and financial ecosystem." Damian Moloney, Head of Investments, International AustralianSuper 1 Need more information? The City of London Corporation London & Partners Great Campaign TheCityUK Innovate Finance Association for Foreign Banks Association of British Insurers The Investment Association AFME UK Finance