LCP investment
management fees survey 2022


Who is getting good value for money from investment managers?

For the past decade, we've seen a downtrend in investment management fees for institutional investors across most core asset classes. In our latest investment management fees survey, we find signs of that trend levelling off. However, there are notable exceptions in private markets assets which have seen fee rate rises since our last report.

For the first time, we have used publicly available data from retail investment platforms to compare fees paid by institutional investors with those paid by individual investors.

Fees and costs can make a big difference to your investment return, especially if you’re investing over many years. Our survey report, produced since 2010, is the most comprehensive survey of investment manager fees in the UK and has proven to be an important resource for both institutional investors and the asset management industry.

Explore the survey

What's inside?

  • Manager fee rates: the downtrend in fees shows signs of levelling off

  • How much of your return is it reasonable to pay your manager?

  • A comparison of fees paid by individuals versus institutions

  • Value for money for DC schemes

  • How to ensure the fees you're paying are competitive

How we can help

We help central banks design and implement investment strategies to get the most out of their reserves in a risk-controlled manner. 

We help charities and endowments construct investment strategies and pick the right investment funds to both meet their financial objectives and be aligned with their missions.

We help you make important investment decisions, and make sure that your investments are performing as you need them to.

We identify and research investment managers that can generate the performance our clients expect.

Our investment team works with trustees of DB and DC schemes to set bespoke investment strategies and select fund managers. Using our market-leading technology, we help you navigate your journey by providing you with clear, actionable insights which enable you to make better short and long-term investment decisions.  

Setting a good investment strategy and picking the right funds is fundamental for wealth managers and advisers to be able to deliver better outcomes for their clients. Our role is to advise clients on investment strategy and fund manager selection bringing institutional discipline to the retail market.

We help our clients understand and implement responsible investment principles.

Every sovereign wealth fund has its own unique circumstances and challenges. As an independent consultancy, we’re not linked to any asset manager and we don’t sell investment products.