The Mall Fund owned up to 10% of the covered retail space in the United Kingdom, making it the largest portfolio of branded shopping centres in the United Kingdom, before some of its sites were sold off.

The Fund is managed by a team of 62 from Capital & Regional's Mall Corporation.

The Fund was formed in March 2002, by Capital & Regional and Aviva Investors.

New investors have come in as the portfolio has expanded, and a secondary market for the units has developed.

[1] Centres which have been owned by The Mall Fund but are no longer in its portfolio include:[2]