List of asset management firms

Last updated

An asset management company is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more diversification, liquidity, and professional management consulting service than is normally available to individual investors. The diversification of portfolio is done by investing in such securities which are inversely correlated to each other. Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. In general, an asset management company is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities. A study by consulting firm Casey Quirk, which is owned by Deloitte, found that asset management firms ended 2020 with record highs in both revenue and assets under management. [1]

Contents

Largest companies

The following is a list of the top 20 asset managers in the world (as of March 31, 2024), ranked by total assets under management: [2]

RankFirm/companyAssets under management
1 Flag of the United States.svg BlackRock $10,4T
2 Flag of the United States.svg Vanguard Group $9,3T
3 Flag of the United States.svg Fidelity Investments $5,3T
4 Flag of the United States.svg State Street Global Advisors $4,3T
5 Flag of the United States.svg Morgan Stanley $3,6T
6 Flag of the United States.svg JPMorgan Chase $3,5T
7 Flag of France.svg Crédit Agricole (which includes Amundi)$2,8T
8 Flag of the United States.svg Goldman Sachs $2,8T
9 Flag of Switzerland (Pantone).svg UBS $2,6T
10 Flag of the United States.svg Capital Group $2,6T
11 Flag of Germany.svg Allianz (which includes PIMCO and Allianz Global Investors)$2,4T
12 Flag of the United States.svg BNY $2,0T
13 Flag of the United States.svg Bank of America $1,7T
14 Flag of Germany.svg Deutsche Bank (which includes DWS Group)$1,6T
15 Flag of the United States.svg Invesco $1,6T
16 Flag of the United States.svg Franklin Templeton $1,6T
17 Flag of the United Kingdom.svg Legal & General $1,5T
18 Flag of the United States.svg Northern Trust Corporation $1,5T
19 Flag of the United States.svg Prudential Financial $1,4T
20 Flag of the United States.svg T. Rowe Price $1,4T

Asset management firms worldwide

Africa and Middle East

Americas

Asia-Pacific

Europe

References

  1. ↑ Segal, Julie (March 2, 2021). "Asset Managers Ended 2020 With Record Revenues". Institutional Investor . Retrieved March 3, 2021.
  2. ↑ "World's Top Asset Management Firms". www.advratings.com. Retrieved 31 December 2024.

See also

Further reading

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.