This year has been from the start a difficult year for the markets, and for the asset managers worldwide. The year started with high levels of volatility, and inflation a rates never seen in the last 40 years. In February Russia invaded Ukraine, and the markets suffered a big hit, with asset managers such as BlackRock hit by $17bn in losses, as reported by the FT on the 11th of March. Some other funds had also a big Russian exposure, and were also affected by the war and the sanctions applied by the EU, US, Canada and others.
Regardless the obstacles faced during this first quarter of 2022, the previous year ended up with this classification of the Top 10 Global asset managers by AUM.
AUMs are shown in US$b
Notes: ADV Ratings - End 2021 data - Note: BlackRock's asset under management amounted to 10tn as of December 2021. Note: Due to the current circ*mstances of the market, AUMs might vary slightly as per today's date.
From all the Asset managers who made the Top 10, only two are Europeans, UBS group and Allianz Group, the other eight asset managers who made the list are all from the US.
The top 5 of asset managers included in this ranking are BlackRock, 9,464 US$b, (They hit 10tn AUM as per December 2021), Vanguard, with 8,400 US$b, UBS Group, one of two European Asset Managers who made the Top 10 with 4,432 US$b, Fidelity with 4,230 US$b, and State Street Global Advisors with 3,860 US$b.
On the lower part of the classification we have Morgan Stanley with 3,274 US$b, JP Morgan Chase with 2,996 US$b, Allianz Group with 2,953 US$b, Capital Group with 2,600 US$b and Goldman Sachs with 2,372 US$b.
FAQs
Pacific Investment Management Co. ranked first among the largest insurance asset managers with $652.7 billion in insurance AUM, followed by Amundi, PGIM, MetLife Investment Management, Goldman Sachs, BlackRock, Schroders, DWS, BNP Paribas Asset Management and J.P. Morgan Asset Management.
Who are the top asset managers? ›
Managers ranked by total worldwide institutional assets under management
| Rank | Manager | Prev. Assets |
|---|
| 1 | BlackRock | $5,150,053 |
| 2 | Vanguard Group | $4,761,881 |
| 3 | State Street Global | $2,517,962 |
| 4 | Fidelity Investments | $1,747,591 |
77 more rowsTop Performing Managers of Global Fixed Income, 4th Quarter 2023
| Global Fixed Income | 1 year gross return | 1 year net return |
|---|
| PGIM Fixed Income Global Total Return | 10.41 | 10.03 |
| Allspring Global Investment Grade Credit | 10.25 | 9.92 |
| Goldman Sachs Global Aggregate Plus | 9.61 | 9.46 |
| Wellington Opportunistic Fixed Income | 9.92 | 9.34 |
6 more rowsMar 5, 2024
A robust literature describes the incentives and stewardship practices of the “Big Three” asset managers (BlackRock, Vanguard, and State Street Global Advisors), often referring to these asset managers as “passive.” This is so common that the “Big Three,” “index fund,” and “passive manager” are used almost ...
What is the richest asset management company in the world? ›
BlackRock
| Headquarters at 50 Hudson Yards, New York City |
|---|
| AUM | US$10.43 trillion (2023) |
| Total assets | US$123.2 billion (2023) |
| Total equity | US$39.35 billion (2023) |
| Number of employees | ≈ 19,800 (December 2023) |
17 more rowsLeveraging its diverse global investment management expertise and insights, Fidelity's Asset Management division is focused on delivering the best customer experience in the financial services industry.
Does BlackRock own Vanguard? ›
Vanguard is owned by its different funds, which are owned by its shareholders. The company has no other owners than its shareholders, which sets it apart from most publicly traded investment firms. Vanguard Group is the second-largest investment firm in the world after BlackRock.
Is BlackStone or BlackRock better? ›
BlackRock offers stability and a wide range of passive investment products, making it suitable for investors looking for diversified and long-term investments. BlackStone, on the other hand, is ideal for those seeking high returns through focused, high-risk alternative investments.
What are the top 5 wealth management companies? ›
What are the top 5 wealth management firms in the US?
| Group Name | Minimum Account Size |
|---|
| 1 | 545 Group | $5 million |
| 2 | Jones Zafari Group | $10 million |
| 3 | The Polk Wealth Management Group | $50 million |
| 4 | Hollenbaugh Rukeyser Safro Williams | $10 million |
1 more rowSep 4, 2024
No one person or company owns BlackRock. Five institutional investors -- Vanguard, BlackRock, State Street, Bank of America, Vanguard, and Temasek -- own about 25% of the company's stock.
As of September 2024 BlackRock has a market cap of ₹11.007 Trillion. This makes BlackRock the world's 115th most valuable company by market cap according to our data.
Who are the best passive asset managers? ›
Blackrock retained the top spot, followed by JP Morgan Asset Management, Fidelity, Pictet and Amundi, respectively. The report described them as "industry giants" in both operational and assets under management terms. Schroders placed eighth, dropping down from seventh place last year.
Who is the number one asset manager in the world? ›
Largest companies
| Rank | Firm/company | AUM (billion USD) |
|---|
| 1 | BlackRock | 9,090 |
| 2 | Vanguard Group | 7,600 |
| 3 | UBS | 5,710 |
| 4 | Fidelity Investments | 4,240 |
16 more rowsThe standard fee for asset managers is 1% of whatever is being invested. Some asset management funds also make money through a performance fee, similar to a bonus. Performance fees are setup so asset managers are rewarded with a bonus payout when growing the fund to a certain target threshold.
Which insurance company has the most assets? ›
By assets
| Rank | Company | Total assets (US$ Billion) |
|---|
| 1 | Allianz | 1,247.2 |
| 2 | Berkshire Hathaway | 958.8 |
| 3 | Prudential Financial | 937.6 |
| 4 | Ping An Insurance | 937.0 |
21 more rowsTop 20 Asset Owners (in US$ million)
| Rank | Fund | Market |
|---|
| 1. | Government Pension Investment Fund | Japan |
| 2. | Norges Bank Investment Management | Norway |
| 3. | China Investment Corporation | China |
| 4. | SAFE Investment Company | China |
16 more rowsNov 27, 2023
Often referred to as limited partners (LPs), asset owners are generally the institutions or people – pension plans, insurance companies, official institutions, banks, foundations, endowments, family offices and individual investors – who own the actual assets.
Who are the largest advisors by AUM? ›
BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM). The size of these firms allows them to offer a multitude of services to their clients.
