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
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.
Who has the most assets under management 2022? ›
The largest investment management company worldwide by assets under management (AUM) as of 2022 was Blackrock reaching almost 9.5 trillion U.S. dollars in AUM. The Vanguard Group ranked second managing 8.4 trillion U.S. dollars in assets.
Who are the largest asset managers in the US? ›
Largest companies
| Rank | Firm/company | Country |
|---|
| 1 | BlackRock | United States |
| 2 | Vanguard Group | United States |
| 3 | UBS | Switzerland |
| 4 | Fidelity Investments | United States |
16 more rowsVanguard takes institutional lead over BlackRock
Vanguard Group surpassed BlackRock as the largest worldwide institutional money manager. BlackRock remains the world's largest asset manager overall.
Who are the biggest fixed income asset managers? ›
Top 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
Connect with wealth management firms
| Group Name | AUM (in billions) |
|---|
| 1 | 545 Group | $40.8 |
| 2 | Jones Zafari Group | $25.6 |
| 3 | The Polk Wealth Management Group | $34.2 |
| 4 | Hollenbaugh Rukeyser Safro Williams | $5.1 |
1 more rowWho owns BlackRock? BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders. The specifics of these shareholders can change over time.
Who is the 1.5 trillion asset manager? ›
Our Capabilities
Everything we do at Franklin Templeton is focused on delivering our clients better outcomes. And that's why millions of clients in more than 160 countries have entrusted us with their investments, making us one of the world's largest asset managers with $1.5 trillion in assets under management.
Who are the best passive asset managers? ›
Blackrock retained the top spot, followed by JP Morgan Asset Management, Fidelity, Pictet and Amundi, respectively.
What is the richest asset management company in the world? ›
BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023.
The top 5 of asset managers included in this ranking are BlackRock, 9,464 US$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.
Where do asset managers get their money? ›
The most common model charges a percentage of the assets under management, with the industry average at about 1% for up to $1 million. Larger portfolios are usually charged fewer and lower fees due to their size. Other asset managers may charge a fee for each trade they execute.
What is the highest salary in asset management? ›
Asset Manager salary in India ranges between ₹ 2.3 Lakhs to ₹ 16.0 Lakhs with an average annual salary of ₹ 6.5 Lakhs. Salary estimates are based on 1.2k latest salaries received from Asset Managers.
Who are the big three asset managers? ›
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 ...
Who is the second largest asset manager in the world? ›
| Rank | Profile | Managed AUM |
|---|
| 1. | BlackRock | $10,470,000,000,000 |
| 2. | Vanguard | $8,700,000,000,000 |
| 3. | Fidelity Management & Research | $3,880,000,000,000 |
| 4. | The Capital Group Cos. Inc. | $2,500,000,000,000 |
93 more rowsTop companies for Asset Managers in United States
- Clearway Energy. 3.6 $130,257per year. 58 reviews42 salaries reported.
- Wells Fargo. 3.7 $102,607per year. ...
- GoldOller Real Estate Investments. 3.8 $98,677per year. ...
- Revantage. 2.3 $82,557per year. ...
- PNC Financial Services Group. 3.5 $79,769per year. ...
- Show more companies.
The three largest asset owners globally are:
- Government Pension Investment Fund of Japan – $1.4 trillion AUM.
- Norway's Norges Bank Investment Management – $1.3 trillion AUM.
- China Investment Corp. – $1.1 trillion AUM.
The top three largest asset owners have remained the same since 2017, with The Government Pension Investment Fund (GPIF) of Japan continuing to dominate with US$1.6 trillion of AUM. 1New sources of information were used for some countries in 2019. GPIF remained the largest asset owner in the world.
Who is the owner of BlackRock? ›
Larry Fink is the founder, CEO and chairman of powerhouse investment management firm BlackRock, one of the world's largest asset managers. He and seven partners founded BlackRock in 1988. Originally it was part of The Blackstone Group.
