The UK business of Fidelity Worldwide Investment saw assets under management increase by just shy of a fifth in its latest financial year, helping to push revenues up by almost 10%.

FIL Holdings (UK Limited) - which is the holding company for the UK business which trades as Fidelity Worldwide Investment - posted a year-on-year AUM rise of 19% to £96.1 billion for the year ended June 30, 2014, according to accounts recently filed at Companies House.