AUM in FM market decrease by 5% amid rise in gilts

Market growth remains below pre-Covid levels despite 7% increase in mandates

Martin Richmond
clock • 2 min read
Champion: "This year’s market volatility and challenging macroeconomic environment have tested fiduciary managers"
Image:

Champion: "This year’s market volatility and challenging macroeconomic environment have tested fiduciary managers"

Assets under management (AUM) for defined benefit (DB) schemes under fiduciary management fell by 5% to £218bn in 2022, according to new research by Isio.

The firm's annual Latest trends in Fiduciary Management report - published today (30 November) - revealed the decrease in AUM is likely the result of the increase in gilt yields, which contributed ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Defined Benefit

Tender Watch: University seeks pensions services

Tender Watch: University seeks pensions services

Consultancy sought to provide actuarial, pensions and benefits services

Professional Pensions
clock 02 February 2023 • 1 min read
Bowman: "The many options could be causing confusion for sponsors and they might be 'sleep walking' down an endgame path"

88% of DB schemes admit to having no endgame strategy

Research found nearly 88% of corporates lack a strategy with clear and structured timelines

Martin Richmond
clock 31 January 2023 • 2 min read
'Glaring omission' of climate risks in DB funding code

'Glaring omission' of climate risks in DB funding code

LCP analysis of TPR’s consultation documents found scarce references to climate change

Martin Richmond
clock 27 January 2023 • 2 min read
Trustpilot