The Investment Association's 2021-2022 annual survey of the UK investment management industry highlights its global significance, with the UK being a major center for investment management. The industry's size, importance to UK service exports, and services to overseas funds are also emphasized. The report also discusses key themes in the industry, including navigating a difficult economic environment, investing responsibly and sustainably, the growth of private markets, the acceleration of operational modernization, and the need for diversity and inclusion. The report also provides insights into client assets and allocation trends, including the growth of indexing strategies and investment in UK infrastructure. Overall, the report provides a comprehensive overview of the UK investment management industry in a more uncertain world.