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 2023), ranked by total assets under management (AUM):[2]

Rank Firm/company Country AUM (billion USD)
1 United States BlackRock United States 9,090
2 United States Vanguard Group United States 7,600
3 United States Fidelity Investments United States 4,240
4 United States State Street Global Advisors United States 3,600
5 United States Morgan Stanley United States 3,131
6 United States JPMorgan Chase United States 3,006
7 United States Goldman Sachs United States 2,672
8 France Crédit Agricole France 2,660
9 Germany Allianz Germany 2,364
10 United States Capital Group United States 2,300
11 France Amundi France 2,103
12 United States BNY Mellon United States 1,910
13 Switzerland UBS Switzerland 1,830
14 United States PIMCO United States 1,800
15 United States Edward Jones Investments United States 1,700
16 Germany Deutsche Bank Germany 1,492
17 United States Invesco United States 1,484
18 United Kingdom Legal & General United Kingdom 1,477
19 United States Bank of America United States 1,467
20 United States Franklin Templeton United States 1,421

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 2022". www.advratings.com. Retrieved 2022-06-03.

See also