List of institutional investors in the United Kingdom explained

This is a list of institutional investors in the United Kingdom. Institutional investors manage other people's money by buying shares in companies, corporate bonds, gilts (i.e. government debt), commodities, foreign currencies, or combinations of each, or derivatives of them (i.e. options to buy, or other similar financial contracts. The main kinds of UK institutional investors are,

Sovereign wealth funds are a recent addition, and grew following the Asian financial crisis from 1997, becoming important investors in the London Stock Exchange. Fund managers (usually known as investment advisers in the US), who typically belong to the same organisations as those running large mutual funds, play a critical role because normally the "primary" institutional investors delegate investment choices and corporate governance decisions to the fund manager. UK banks do not traditionally play an important role as institutional investors, as they do for instance in Germany.

The Institutional Investor Committee represents the interests of the NAPF, ABI, IMA, AITC and the British Merchant Banking and Securities House Association.

Mutual funds

Representing the mutual fund and fund management industry is primarily the Investment Management Association (established in 2002, merging the Institutional Fund Managers Association and the Association of Unit Trusts and Investment Funds). The Association of Investment Companies is also a representation body, with an overlapping membership, but includes only businesses dealing in closed end investment companies.

These are the largest fund managers according to billions of pounds of assets under management.

Nameest.AUM £bnDescriptionWebsite
183625,223British multinational financial services company based in London.lgim.com
186212,353Investment branch of UBS AG, a Swiss global financial services company.ubs.com
198810,142US firm, and world's largest asset manager, formed by Larry Fink and Robert S. Kapito who previously worked at First Boston.blackrock.com
19079,439British multinational asset management company based in Edinburgh, Scotland.bailliegifford.com
18046,994British multinational asset management company.schroders.com
19784,806Founded as part of the State Street Corporation (est 1792), and the world's second largest asset manager.ssga.com
4,696newton.co.uk
19314,099US fund manager.capgroup.com
19833,628Listed on the London Stock Exchange in 1991.abderdeen-asset.com
18253,175Demutualised and listed on the London Stock Exchange in 2006.www.standardlife.com
1998A part of Allianz SE, German financial services company.www.allianzgi.com
1974An international specialist banking and asset management group founded in Johannesburg. investec.com
Acquired by Ameriprise Financial in 2003.columbiathreadneedle.co.uk
1934Has merged with Janus Capital Group in 2017 to create Janus Henderson..com
1937troweprice.com
1969Operates as a private business since 1980, it provides investment management services.fidelityinternational.com
1931Was an autonomous business within the Prudential Group. Became a public company in 2019.mandg.com
.com
1973Forms part of Invesco Ltd.invescoperpetual.co.uk

Pension funds

The Association of Member Nominated Trustees and the National Association of Pension Funds are the umbrella bodies representing the interests of pension funds collectively. The number of pension funds largely mirrors the number of companies, as pensions have often not merged on an industry-wide basis.[1] Many pension funds for local councils fall within the umbrella group of the Local Government Pension Scheme, but as yet there is no consolidated management.

Nameest.AUM £bnDescriptionWebsite
39.6http://www.btpensions.net/
38.6http://www.uss.co.uk/
12.4http://www.royalmailpensionplan.co.uk
https://ngeg.nationalgridpensions.com
http://www.mps-pension.org.uk/
https://web.archive.org/web/20150208155832/http://www.rbselect.rbspeople.com/uk/4.2.final-salary-pension-plan.php
http://www.railwayspensions.co.uk
https://web.archive.org/web/20150208145949/https://www.barclayspensions.co.uk/
https://pensionline.bp.com/
https://www.nationalgridpensions.com/362
http://www.bcsss-pension.org.uk/
http://www.shell.co.uk/pensions/scpf.html
12.6http://www.gmpf.org.uk/
http://www.spfo.org.uk/
https://www.bspensions.com/
http://www.lloydsbankinggrouppensions.com/
https://www.bbc.co.uk/mypension/
West Midlands Pension Fund http://www.wmpfonline.com/
http://www.lloydsbankinggrouppensions.com/
.com
http://www.icipensionfund.org.uk/
.com
.com
.com
.com
https://www.mybapension.com
.com
.com
Co-operative Group Pension Scheme (Pace)https://www.pensions.coop/

Insurance companies

The Association of British Insurers is the umbrella body for UK insurance companies.

Nameest.AUM £bnDescriptionWebsite
.com
.com
.com
.com
.com
.com
Phoenix .com
.com
.com
1991153.62.com
.com
.com
.com
.com
.com
.com
1988159.com
1890.com
2008Defunct. Acquired by Aviva in 2015..com
1872.com
1861159.com
1901.com
2009173.com
ÜÜÜAssociation of British Insurers1985The ABI is the insurance industry lobbying and coordination body, with around 400 members.www.abi.org.uk

See also

Notes and References

  1. See the 2010 list by the advisory firm Lucia .