Top 20 largest asset managing companies in the world
The following list ranks top 10 asset management companies by the AUM (Assets under management).
| Rank | Company | Company Type | Ticker | AUM (USD) | Country |
|---|---|---|---|---|---|
| 1 | Blackrock | public | BLK | 7,9 T | USA |
| 2 | Vanguard | private | 7,5 T | USA | |
| 3 | Charles Schwab Corp. | public | SCHW | 7,0 T | USA |
| 4 | Fidelity | private | 3,6 T | USA | |
| 5 | State Street | public | SST | 3,3 T | USA |
| 6 | JP Morgan Chase & Co | public | JPM | 2,6 T | USA |
| 7 | Crédit Agricole Group | public | Euronext: ACA | 2,5 T | |
| 8 | Goldman Sachs | public | GS | 2,4 T | USA |
| 9 | Capital Group Companies | private | 2,2 T | USA | |
| 10 | UBS | public | UBS | 2,1 T | Switzerland |
| 11 | PIMCO | private | 2.0 T | USA | |
| 12 | Amundi | public | Euronext | AMUN | 1,9 T |
| 13 | BNY Melon | public | BK | 1,8 T | USA |
| 14 | Allianz | public | FWB: ALV | 1,7 T | Germany |
| 15 | Edward Jones | private | 1,5 T | USA | |
| 16 | Prudential | public | PRU | 1,4T | USA |
| 17 | Morgan Stanley | public | ST | 1,3 T | USA |
| 18 | Legal & General IM | private | 1,3 T | UK | |
| 19 | Bank of America | public | BAC | 1,3 T | USA |
| 20 | Invesco | public | IVZ | 1,3 T | USA |
This Top asset managers list is compiled on the basis of most recent data reported in Q3 2022 as far as it was available.In total 20 largest asset managers manage over $56,6 trillions of assets. While the top 10 of the lists are managing over $41,1 trillions of assets. The top 3 whales are Blackrock, Vanguard, Charles Schwab and manage $22,4 trillions assets.
USA companies dominating the list with $47,1T assets under management! However, the european “old and traditional” names are still presented with Switzerland, France and Germany and UK.
AUM decrease observations
We see a momentum of decrease in AUMs since the beginning of the year. There are three major factors to this:
- The market prices of the underlying assets is down up to 20-30% YTD.
- The fear of recession and drawdown in the markets makes investors more cautious.
- Fed rates steady reducing the Money Supply suck liquidity that could be used to by investment assets.
The ranking will stay dynamic for sure and it’s worth monitoring what asses manager would perform best in the “permanent crisis” times.
AUM and ranking details
Assets under management (AUM) is the total market value of the investments that listed companies are managing on behalf of their clients. However AUM calculations and definitions vary from company to company.Further more AUM fluctuates daily, reflecting the flow of money in and out of a particular fund and the price performance of the assets. Thus provided the AUM numbers cannot be accurate to the last digit, they are disputable and aging very quickly.
The list is focusing on Discretionary investment management, this means all professional investment management in which investments are made on behalf of clients through a variety of securities and refers to investment decisions being made by the investment manager based on the investment manager’s judgment rather than under the direction of the client.
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