An asset management company (AMC) 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 AMC 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 2022), ranked by total assets under management (AUM):[2]

Rank Firm/company Country AUM (billion USD)
1 BlackRock United States 9,464
2 Vanguard Group United States 8,400
3 UBS Switzerland 4,432
4 Fidelity Investments United States 4,230
5 State Street Global Advisors United States 3,860
6 Morgan Stanley United States 3,274
7 JPMorgan Chase United States 2,996
8 Allianz Germany 2,953
9 Capital Group United States 2,600
10 Goldman Sachs United States 2,372
11 BNY Mellon United States 2,310
12 PIMCO United States 2,200
13 Amundi France 2,099
14 Legal & General United Kingdom 1,794
15 Credit Suisse Switzerland 1,742
16 Prudential Financial United States 1,727
17 Edward Jones Investments United States 1,714
18 Deutsche Bank Germany 1,663
19 T. Rowe Price United States 1,610
20 Bank of America United States 1,579

List of AMCs worldwide

Africa and Middle East

Americas

Asia-Pacific

Europe

See also

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 2021". www.advratings.com. Retrieved 2022-03-19.