An asset management company is an
asset management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...
/
investment management
Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...
company/firm that invests the pooled funds of retail investors in
securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
in line with the stated investment objectives. For a fee, the company/firm provides more
diversification,
liquidity
Liquidity is a concept in economics involving the convertibility of assets and obligations. It can include:
* Market liquidity
In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quic ...
, and professional
management consulting
Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultant ...
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 scheme
An investment fund is a way of investment, investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These ad ...
s, e.g.
mutual fund
A mutual fund is an investment fund that pools money from many investors to purchase Security (finance), securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in ...
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
A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad ra ...
Casey Quirk, which is owned by
Deloitte, found that asset management firms ended 2020 with record highs in both revenue and
assets under management
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institutio ...
.
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
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institutio ...
:
Asset management firms worldwide
Africa and Middle East
*
Allan Gray
*
Clarity Capital
*
Coronation Fund Managers
*
EFG Hermes
*
eToro
*
First City Monument Bank
*
Heirs Holdings
*
Investcorp
*
Kingdom Holding Company
*
National Social Security Fund (Uganda)
*
NBK Capital
*
Ninety One ltd
*
Old Mutual
*
Public Investment Corporation
*
Sanlam
*
STANLIB
*
UAP Old Mutual Holdings
*
Stanbic IBTC Holdings
Americas
*
Acadian Asset Management
*
AdvisorShares
*
Affiliated Managers Group
*
AllianceBernstein
AllianceBernstein Holding L.P. (AB) is a global asset management firm providing investment management and research services worldwide to institutional, high-net-worth and Investor, retail investors.
AllianceBernstein's headquarters are located ...
*
Allspring Global Investments
*
American Century Investments
*
Ameriprise Financial
*
Aristotle Capital Management
*
Arrowstreet Capital
*
AQR Capital
*
Barings LLC
*
BlackRock
BlackRock, Inc. is an American Multinational corporation, 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 ...
*
Bradesco
*
Blackstone
*
BNY Investments
*
Boston Partners
*
Bridgewater Associates
Bridgewater Associates, LP (informally known as "Bridgewater") is an American investment management firm founded by Ray Dalio in 1975. The firm serves institutional clients including pension funds, Financial endowment, endowments, Foundation (no ...
*
Brookfield Asset Management
*
Brown Advisory
*
BTG Pactual
*
Calamos Investments
*
Cambridge Associates
*
Cambridge Investment Research
*
Capital Group Companies
*
Charles Schwab Corporation
The Charles Schwab Corporation is an American multinational Financial institution, financial services company. It offers banking, commercial banking, investing and related services including consulting, and wealth management advisory services ...
*
CI Financial
*
Cohen & Steers
*
Columbia Threadneedle Investments
*
Conning
*
Connor, Clark & Lunn
*
Dimensional Fund Advisors
Dimensional Fund Advisors, L.P. (branded Dimensional abbreviated DFA) is a privately-owned investment firm headquartered in Austin, Texas. Dimensional was founded in Brooklyn in 1981 by David Booth, Rex Sinquefield and Larry Klotz. The company h ...
*
Dodge & Cox
*
DoubleLine Capital
*
Dreyfus Corporation
*
Eaton Vance
*
Edward Jones Investments
*
Eldridge
*
Federated Hermes
*
Fidelity Investments
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), owned by FMR LLC and headquartered in Boston, Massachusetts, provides financial services. Established in 1946, the company is one of the largest asset managers in the ...
*
First Trust
*
Fisher Investments
*
Franklin Templeton Investments
Franklin Resources, Inc. is an American Multinational corporation, multinational investment management holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York ...
*
GAMCO Investors
*
Geode Capital Management
*
Gluskin Sheff
*
GMO LLC
*
GQG Partners
*
Guardian Capital Group
*
Harbert Management Corporation
*
Harris Associates
*
Hartford
Hartford is the List of capitals in the United States, capital city of the U.S. state of Connecticut. The city, located in Hartford County, Connecticut, Hartford County, had a population of 121,054 as of the 2020 United States census, 2020 ce ...
*
Income Research + Management
*
Invesco
Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco oper ...
*
Itaú Unibanco
*
J. & W. Seligman & Co.
*
Janus Capital Group
*
Knight Vinke Asset Management
*
Legg Mason
*
Loomis, Sayles & Company
*
Lord Abbett
*
LSV Asset Management
*
Mackenzie Investments
*
Manulife Investment Management
*
Mawer Investment Management
*
Merrill
*
MFS Investment Management
*
Neuberger Berman
*
NISA Investment Advisors
*
Northern Trust
Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the List of largest ban ...
*
Nuveen Investments
*
Oaktree Capital Management
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Orbis Investment Management
*
Payden & Rygel
*
PGIM
*
PIMCO
Pacific Investment Management Company LLC (PIMCO) is an American investment management firm. While it has a specific focus on active fixed income management worldwide, it manages investments in many asset classes, including fixed income, share ca ...
*
PineBridge Investments
*
Polen Capital
*
Power Financial
*
PRIMECAP
*
Principal Financial Group
*
PSP Investments
*
Putnam Investments
*
Pzena Investment Management
*
Raymond James
*
RhumbLine Advisers
*
RLJ Companies
*
Ruane, Cunniff & Goldfarb
*
Russell Investments
*
SEI Investments Company
*
State Street Global Advisors
*
Sun Life Financial
*
T. Rowe Price
*
TCW Group
*
TIAA
*
Tsai Capital
*
VanEck
*
The Vanguard Group
*
Victory Capital
*
Virtus Investment Partners
*
Voya Financial
*
Waddell & Reed
*
Wellington Management Company
*
Wilshire Associates
*
WisdomTree Investments
*
XP Inc.
Asia-Pacific
*
Affin Hwang Capital
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AMP Capital
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Artradis
*
Asset Management One
*
Australian Ethical Investment
*
Axis Asset Management Company
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BetaShares
*
Bosera Asset Management
*
BT
*
Capital Dynamics
*
Challenger
*
China Asset Management
*
China Southern Asset Management
*
Colonial First State
*
E Fund Management
*
Eastspring Investments
*
First Sentier Investors
*
Fullgoal Fund Management
*
Harvest Fund Management
*
HDFC Asset Management Company
*
ICBC Credit Suisse Asset Management
*
ICICI Prudential Asset Management Company
*
IFM Investors
*
Investors Mutual Limited
*
JM Financial Asset Management
*
Kotak Mahindra Asset Management Company
*
Macquarie Asset Management
*
Magellan Financial Group
*
Mirae Asset Financial Group
*
MUFG
*
Nomura Holdings
*
Penghua Fund Management
*
Perpetual
*
Pinnacle Investment Management
*
Platinum Asset Management
*
Plenary Group
*
Samsung Asset Management
*
SBI Funds Management
*
Shinhan Asset Management
*
Sumitomo Mitsui Trust Holdings
*
Tianhong Asset Management
*
UTI Asset Management Company
*
Value Partners
*
Zhong Ou Asset Management
Europe
*
Aberdeen Group
*
Aegon N.V.
*
Alliance Trust
*
Allianz Global Investors
Allianz Global Investors (commonly called AllianzGI or AGI), is a global investment management firm with offices in over 20 locations worldwide. It is owned by the global financial services group Allianz. Employing nearly 3,000, it manages over ...
*
Amundi
*
Anima Holding
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APG
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Ashmore Group
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Aviva Investors
*
AXA Investment Managers
*
Azimut Holding
*
Baillie Gifford
Baillie Gifford & Co is a British investment management firm which is wholly owned by partners, all of whom work within the firm. It was founded in Edinburgh, Scotland, in 1908 and still has its headquarters in the city. It has corporate offices ...
*
Barclays
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services ...
*
Bluebay Asset Management
*
BNP Paribas Asset Management
*
Brewin Dolphin
*
Candriam Investors Group
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Capital Fund Management
*
The Children's Mutual
*
Cork Gully
*
DekaBank
*
DWS Group
*
Edinburgh Partners
*
Eurizon Capital
*
F&C Asset Management
*
Fidelity International
*
Generali Investments
*
Generation Investment Management
*
Henderson Group
*
Henderson New Star
*
HSBC
HSBC Holdings plc ( zh, t_hk=滙豐; initialism from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business li ...
*
Insight Investment
*
Invesco Perpetual
*
Intelligent Money
*
Janus Henderson
*
Jupiter Fund Management
*
Van Lanschot Kempen
*
La Française Group
*
Legal & General
*
LGT Group
*
Lindsell Train
*
Liongate Capital Management
*
M&G Investments
*
Mercury Asset Management
*
Mirabaud Group
*
Swiss Life
*
Newton Investment Management
*
NN Investment Partners
*
Octopus Group
*
Quilter plc
*
Rathbones
*
Record Currency Management
*
Lombard Odier
*
Robeco
*
Royal London Asset Management
*
Schroders
Schroders plc is a British multinational asset management company headquartered in London, England. Founded in 1804, it employs over 6,000 people worldwide in 38 locations around Europe, America, Asia, Africa and the Middle East. It is traded on ...
*
Scottish Mortgage Investment Trust
*
Scottish Widows
*
Skagen Funds
*
Stodir
*
Superfund Group
*
Tilney Ltd.
*
UBS
*
Union Investment
Union Asset Management Holding AG () is the Investment banking, investment arm of the DZ Bank, DZ Bank Group and part of the cooperative financial services network. It was founded in 1956 and is headquartered in Frankfurt.
Trading in open-end f ...
References
See also
*
List of investment banks
*
List of private-equity firms
*
List of venture capital firms
*
Holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
*
Transnational corporation
A transnational corporation is an enterprise that is involved with the international production of goods or services, foreign investments, or income and asset management in more than one country. It sets up factories in developing countries as land ...
Further reading
*
{{DEFAULTSORT:Asset Management Firms, List Of
Finance lists
Asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can b ...
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Asset management
Knowledge firms
Asset management companies