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 United States BlackRock United States 10,010
2 United States Charles Schwab United States 8,140
3 United States Vanguard Group United States 8,100
4 Switzerland UBS Switzerland 4,380
5 United States Fidelity Investments United States 4,283
6 United States State Street Global Advisors United States 4,020
7 United States Morgan Stanley United States 3,230
8 United States JPMorgan Chase United States 2,960
9 Germany Allianz Germany 2,760
10 United States Capital Group United States 2,700
11 United States Goldman Sachs United States 2,394
12 United States BNY Mellon United States 2,266
13 France Amundi France 2,251
14 United States PIMCO United States 2,000
15 United Kingdom Legal & General United Kingdom 1,866
16 United States Prudential Financial United States 1,620
17 Germany Deutsche Bank Germany 1,615
18 United States Bank of America United States 1,571
19 United States Invesco United States 1,556
20 United States T. Rowe Price United States 1,552

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