Top 20 Asset Management Firms As Of 2022

Filed in Articles by on October 3, 2022 0 Comments

Asset management firms often act as intermediaries between the public and the financial markets. They use their expertise and experience to invest in the markets to maximize returns and minimize risk for their clients on a fiat basis. Their clients are typically citizens or high-net-worth individuals who invest in the stock market through mutual funds, debt funds, exchange-traded funds, and private equity funds.

Many investors or organizations invest with the help of an asset management company. These companies take control of investments and make vital investment decisions. In this article, learn about some of the world’s largest asset management firms and what you need to know about how they work.

How Do Big Asset Management Firms Work?

Many asset managers will only deal with large institutions. These might be other corporations, big nonprofit organizations, or associations. But many of the most recognizable firms will offer services for average investors. In many cases, asset management firms make money by charging fees based on the value of assets they manage. Others will charge flat fees.

Asset management companies will often have other business lines other than asset management. Sometimes, this includes brokerage services. In some cases, asset management makes up only a fraction of the company’s revenue, and they often partner with each other in various ways, even though they are also competitors. For example, one asset management firm may use its online platform to allow investors to buy and sell the mutual funds of a competing company.

Top Asset Management Firms

Below is a list of the top 20 asset managers in the world (as of 2022), ranked by total assets under management (AUM):

RankFirm/companyCountryAUM (billion USD)
1 BlackRockUnited States10,010
2 Charles SchwabUnited States8,140
3 Vanguard GroupUnited States8,100
4 UBSSwitzerland4,380
5 Fidelity InvestmentsUnited States4,283
6 State Street Global AdvisorsUnited States4,020
7 Morgan StanleyUnited States3,230
8 JPMorgan ChaseUnited States2,960
9 AllianzGermany2,760
10 Capital GroupUnited States2,700
11 Goldman SachsUnited States2,394
12 BNY MellonUnited States2,266
13 AmundiFrance2,251
14 PIMCOUnited States2,000
15 Legal & GeneralUnited Kingdom1,866
16 Prudential FinancialUnited States1,620
17 Deutsche BankGermany1,615
18 Bank of AmericaUnited States1,571
19 InvescoUnited States1,556
20 T. Rowe PriceUnited States1,552

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Source: Sabonews.org

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