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Assets under management (AUM) in the UK investment management industry reached a record high of £11.1trn in 2025, while the share of assets managed on behalf of pension schemes fell to 25 per cent, the latest figures from the Investment Association (IA) have shown.

The record was set after an 11 per cent year-on-year increase in AUM between 2024 and 2025, marking the second consecutive year of double-digit growth








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