List of asset management firms
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]
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]
| Rank | Firm/company | Country | Assets Under Management (billion USD) | 
|---|---|---|---|
| 1 |  BlackRock | United States | 10,473 | 
| 2 |  Vanguard Group | United States | 9,300 | 
| 3 |  Fidelity Investments | United States | 5,303 | 
| 4 |  State Street Global Advisors | United States | 4,340 | 
| 5 |  Morgan Stanley | United States | 3,629 | 
| 6 |  JPMorgan Chase | United States | 3,564 | 
| 7 |  Crédit Agricole (which includes Amundi) | France | 2,858 | 
| 8 |  Goldman Sachs | United States | 2,848 | 
| 9 | .svg.png) UBS | Switzerland | 2,620 | 
| 10 |  Capital Group | United States | 2,600 | 
| 11 |  Allianz (which includes PIMCO and Allianz Global Investors) | Germany | 2,479 | 
| 12 |  BNY | United States | 2,015 | 
| 13 |  Bank of America | United States | 1,730 | 
| 14 |  Deutsche Bank (which includes DWS Group) | Germany | 1,670 | 
| 15 |  Invesco | United States | 1,663 | 
| 16 |  Franklin Templeton | United States | 1,604 | 
| 17 |  Legal & General | United Kingdom | 1,512 | 
| 18 |  Northern Trust Corporation | United States | 1,501 | 
| 19 |  Prudential Financial | United States | 1,496 | 
| 20 |  T. Rowe Price | United States | 1,485 | 
Asset management firms worldwide
Africa and Middle East
 Allan Gray Allan Gray
 Clarity Capital Clarity Capital
 Coronation Fund Managers Coronation Fund Managers
 EFG Hermes EFG Hermes
 eToro eToro
 First City Monument Bank First City Monument Bank
 Heirs Holdings Heirs Holdings
 Investcorp Investcorp
 Kingdom Holding Company Kingdom Holding Company
 National Social Security Fund (Uganda) National Social Security Fund (Uganda)
 NBK Capital NBK Capital
 Ninety One ltd Ninety One ltd
 Old Mutual Old Mutual
 Public Investment Corporation Public Investment Corporation
 Sanlam Sanlam
 STANLIB STANLIB
 UAP Old Mutual Holdings UAP Old Mutual Holdings
 Stanbic IBTC Holdings Stanbic IBTC Holdings
Americas
 Acadian Asset Management Acadian Asset Management
 AdvisorShares AdvisorShares
 Affiliated Managers Group Affiliated Managers Group
 AllianceBernstein AllianceBernstein
 Allspring Global Investments Allspring Global Investments
 American Century Investments American Century Investments
 Ameriprise Financial Ameriprise Financial
 Aristotle Capital Management Aristotle Capital Management
 Arrowstreet Capital Arrowstreet Capital
 AQR Capital AQR Capital
 Barings LLC Barings LLC
 BlackRock BlackRock
 Bradesco Bradesco
 Blackstone Blackstone
 BNY Investments BNY Investments
 Boston Partners Boston Partners
 Bridgewater Associates Bridgewater Associates
.svg.png) Brookfield Asset Management Brookfield Asset Management
 Brown Advisory Brown Advisory
 BTG Pactual BTG Pactual
 Calamos Investments Calamos Investments
 Cambridge Associates Cambridge Associates
 Cambridge Investment Research Cambridge Investment Research
 Capital Group Companies Capital Group Companies
 Charles Schwab Corporation Charles Schwab Corporation
.svg.png) CI Financial CI Financial
 Cohen & Steers Cohen & Steers
 Columbia Threadneedle Investments Columbia Threadneedle Investments
 Conning Conning
.svg.png) Connor, Clark & Lunn Connor, Clark & Lunn
 Dimensional Fund Advisors Dimensional Fund Advisors
 Dodge & Cox Dodge & Cox
 DoubleLine Capital DoubleLine Capital
 Dreyfus Corporation Dreyfus Corporation
 Eaton Vance Eaton Vance
 Edward Jones Investments Edward Jones Investments
 Eldridge Eldridge
 Federated Hermes Federated Hermes
 Fidelity Investments Fidelity Investments
 First Trust First Trust
 Fisher Investments Fisher Investments
 Franklin Templeton Investments Franklin Templeton Investments
 GAMCO Investors GAMCO Investors
 Geode Capital Management Geode Capital Management
.svg.png) Gluskin Sheff Gluskin Sheff
 GMO LLC GMO LLC
 GQG Partners GQG Partners
.svg.png) Guardian Capital Group Guardian Capital Group
 Harbert Management Corporation Harbert Management Corporation
 Harris Associates Harris Associates
 Hartford Hartford
 Income Research + Management Income Research + Management
 Invesco Invesco
 Itaú Unibanco Itaú Unibanco
 J. & W. Seligman & Co. J. & W. Seligman & Co.
 Janus Capital Group Janus Capital Group
 Knight Vinke Asset Management Knight Vinke Asset Management
 Legg Mason Legg Mason
 Loomis, Sayles & Company Loomis, Sayles & Company
 Lord Abbett Lord Abbett
 LSV Asset Management LSV Asset Management
.svg.png) Mackenzie Investments Mackenzie Investments
.svg.png) Manulife Investment Management Manulife Investment Management
.svg.png) Mawer Investment Management Mawer Investment Management
 Merrill Merrill
 MFS Investment Management MFS Investment Management
 Neuberger Berman Neuberger Berman
 NISA Investment Advisors NISA Investment Advisors
 Northern Trust Northern Trust
 Nuveen Investments Nuveen Investments
 Oaktree Capital Management Oaktree Capital Management
 Orbis Investment Management Orbis Investment Management
 Payden & Rygel Payden & Rygel
 PGIM PGIM
 PIMCO PIMCO
 PineBridge Investments PineBridge Investments
 Polen Capital Polen Capital
.svg.png) Power Financial Power Financial
 PRIMECAP PRIMECAP
 Principal Financial Group Principal Financial Group
.svg.png) PSP Investments PSP Investments
 Putnam Investments Putnam Investments
 Pzena Investment Management Pzena Investment Management
 Raymond James Raymond James
 RhumbLine Advisers RhumbLine Advisers
 RLJ Companies RLJ Companies
 Ruane, Cunniff & Goldfarb Ruane, Cunniff & Goldfarb
 Russell Investments Russell Investments
 SEI Investments Company SEI Investments Company
 State Street Global Advisors State Street Global Advisors
.svg.png) Sun Life Financial Sun Life Financial
 T. Rowe Price T. Rowe Price
 TCW Group TCW Group
 TIAA TIAA
 Tsai Capital Tsai Capital
 VanEck VanEck
 The Vanguard Group The Vanguard Group
 Victory Capital Victory Capital
 Virtus Investment Partners Virtus Investment Partners
 Voya Financial Voya Financial
 Waddell & Reed Waddell & Reed
 Wellington Management Company Wellington Management Company
 Wilshire Associates Wilshire Associates
 WisdomTree Investments WisdomTree Investments
 XP Inc. XP Inc.
Asia-Pacific
 Affin Hwang Capital Affin Hwang Capital
.svg.png) AMP Capital AMP Capital
 Artradis Artradis
 Asset Management One Asset Management One
.svg.png) Australian Ethical Investment Australian Ethical Investment
 Axis Asset Management Company Axis Asset Management Company
.svg.png) BetaShares BetaShares
 Bosera Asset Management Bosera Asset Management
.svg.png) BT BT
 Capital Dynamics Capital Dynamics
.svg.png) Challenger Challenger
 China Asset Management China Asset Management
 China Southern Asset Management China Southern Asset Management
.svg.png) Colonial First State Colonial First State
 E Fund Management E Fund Management
 Eastspring Investments Eastspring Investments
.svg.png) First Sentier Investors First Sentier Investors
 Fullgoal Fund Management Fullgoal Fund Management
 Harvest Fund Management Harvest Fund Management
 HDFC Asset Management Company HDFC Asset Management Company
 ICBC Credit Suisse Asset Management ICBC Credit Suisse Asset Management
 ICICI Prudential Asset Management Company ICICI Prudential Asset Management Company
.svg.png) IFM Investors IFM Investors
.svg.png) Investors Mutual Limited Investors Mutual Limited
 JM Financial Asset Management JM Financial Asset Management
 Kotak Mahindra Asset Management Company Kotak Mahindra Asset Management Company
.svg.png) Macquarie Asset Management Macquarie Asset Management
.svg.png) Magellan Financial Group Magellan Financial Group
 Mirae Asset Financial Group Mirae Asset Financial Group
 MUFG MUFG
 Nomura Holdings Nomura Holdings
 Penghua Fund Management Penghua Fund Management
.svg.png) Perpetual Perpetual
.svg.png) Pinnacle Investment Management Pinnacle Investment Management
.svg.png) Platinum Asset Management Platinum Asset Management
.svg.png) Plenary Group Plenary Group
 Samsung Asset Management Samsung Asset Management
 SBI Funds Management SBI Funds Management
 Shinhan Asset Management Shinhan Asset Management
 Sumitomo Mitsui Trust Holdings Sumitomo Mitsui Trust Holdings
 Tianhong Asset Management Tianhong Asset Management
 UTI Asset Management Company UTI Asset Management Company
 Value Partners Value Partners
 Zhong Ou Asset Management Zhong Ou Asset Management
Europe
 Aberdeen Group Aberdeen Group
 Aegon N.V. Aegon N.V.
 Alliance Trust Alliance Trust
 Allianz Global Investors Allianz Global Investors
 Amundi Amundi
 Anima Holding Anima Holding
 APG APG
 Ashmore Group Ashmore Group
 Aviva Investors Aviva Investors
 AXA Investment Managers AXA Investment Managers
 Azimut Holding Azimut Holding
 Baillie Gifford Baillie Gifford
 Barclays Barclays
 Bluebay Asset Management Bluebay Asset Management
 BNP Paribas Asset Management BNP Paribas Asset Management
 Brewin Dolphin Brewin Dolphin
 Candriam Investors Group Candriam Investors Group
 Capital Fund Management Capital Fund Management
 The Children's Mutual The Children's Mutual
 Cork Gully Cork Gully
 DekaBank DekaBank
 DWS Group DWS Group
 Edinburgh Partners Edinburgh Partners
 Eurizon Capital Eurizon Capital
 F&C Asset Management F&C Asset Management
 Fidelity International Fidelity International
 Generali Investments Generali Investments
 Generation Investment Management Generation Investment Management
 Henderson Group Henderson Group
 Henderson New Star Henderson New Star
 HSBC HSBC
 Insight Investment Insight Investment
 Invesco Perpetual Invesco Perpetual
 Intelligent Money Intelligent Money
 Janus Henderson Janus Henderson
 Jupiter Fund Management Jupiter Fund Management
 Van Lanschot Kempen Van Lanschot Kempen
 La Française Group La Française Group
 Legal & General Legal & General
 LGT Group LGT Group
 Lindsell Train Lindsell Train
 Liongate Capital Management Liongate Capital Management
 M&G Investments M&G Investments
 MEAG MEAG
 Mercury Asset Management Mercury Asset Management
.svg.png) Mirabaud Group Mirabaud Group
.svg.png) Swiss Life Swiss Life
 Newton Investment Management Newton Investment Management
 NN Investment Partners NN Investment Partners
 Octopus Group Octopus Group
 Quilter plc Quilter plc
 Rathbones Rathbones
 Record Currency Management Record Currency Management
.svg.png) Lombard Odier Lombard Odier
 Robeco Robeco
 Royal London Asset Management Royal London Asset Management
 Schroders Schroders
 Scottish Mortgage Investment Trust Scottish Mortgage Investment Trust
 Scottish Widows Scottish Widows
 Skagen Funds Skagen Funds
 Stodir Stodir
 Superfund Group Superfund Group
 Tilney Ltd. Tilney Ltd.
.svg.png) UBS UBS
 Union Investment Union Investment
References
- ^ Segal, Julie (March 2, 2021). "Asset Managers Ended 2020 With Record Revenues". Institutional Investor. Retrieved March 3, 2021.
- ^ "World's Top Asset Management Firms". www.advratings.com. Retrieved 31 December 2024.
See also
- List of investment banks
- List of private-equity firms
- List of venture capital firms
- Holding company
- Transnational corporation
Further reading
- Braun, Benjamin (2021-11-11). "Asset Manager Capitalism as a Corporate Governance Regime". The American Political Economy. Cambridge University Press. doi:10.1017/9781009029841.010. ISBN 978-1-009-02984-1. Retrieved 2025-05-20.

