The UK investment management industry recorded peak growth from overseas interest and demand for passive funds

The UK investment management industry reached “record highs” in 2024, boosted by demand for low-cost products and overseas interest in UK assets.

Tracker net sales surged for the third consecutive year, as investors increasingly look towards low-cost products and passive investments. In contrast, active sales tumbled, according to the latest report from the Investment Association (IA).

Active funds have consistently failed to outperform their benchmarks in recent years, making it difficult to justify the significantly higher fees than those placed on passive funds.

Leading wealth managers saw their AUM’s nudge up across 2024 due to the growing popularity of tracker funds, wi

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