MARATHON-LONDON

Legal name: MARATHON ASSET MANAGEMENT LIMITED

CRD 132391File 801-63397

APPROVED

Custody

Filing as of May 5, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$39.04B

Top 10% of cohort (national)

Discretionary AUM

$39.04B

Clients

50 accounts

Employees

Identity & registration

ADV Item 1

Organization form: Other (specify)
Firm type: Registered
SEC region: HQ
Registration date: Sep 9, 2004
Principal office: THE FLORAL BUILDING, 27B FLORAL STREET, LONDON, WC2E 9DP
Phone: 44 20 7497 2211
Website: https://www.thecapitalcycle.co.uk/

Assets & accounts

ADV Item 5F

Total regulatory AUM: $39.04B
Discretionary AUM: $39.04B
Non-discretionary AUM: $0
Discretionary accounts: 50
Non-discretionary accounts: 0
Total accounts: 50
AUM per client: $929.6M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	Fewer than 5	$117.1M
Non-U.S. persons	Fewer than 5	$2.10B
Insurance companies	Fewer than 5	$232.5M
Investment companies	3	$8.88B
Charitable organizations	Fewer than 5	$5.44B
Pooled investment vehicles	18	$11.06B
Pension and profit sharing plans	7	$1.39B
State or municipal government entities	14	$9.82B

Compensation & activities

ADV Items 5E, 5G

Compensation

Performance-based fees
A percentage of assets under your management

Advisory activities

Portfolio management for businesses
Portfolio management for investment companies
Portfolio management for pooled investment vehicles

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: Yes
Firm Custody Clients: Yes
Firm Custody Securities: No
Related Person Custody Cash: Yes
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: Yes

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.