'Full-on fund hosting solution'
UK funds under management (FUM) climbed nearly 10% in 2006, to over £3.8trn.
The financial services sector's UK GDP share climbed to 9.4% in 2006, up 0.6% on the previous year.
Gold will continue to remain the preferred precious metal while changes in underlying demand could see silver's status downgraded to an industrial metal, says research from International Financial Services London (IFSL).
Funds under management in the UK still trail the sums achieved some five years ago, according to figures published by International Financial Services London.