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.
List of Largest asset management firms
The following is a list of the top 20 asset managers in the world (as of 2022), ranked by total assets under management (AUM):
| Rank | Firm/company | Country | AUM (billion USD) |
|---|---|---|---|
| 1 | BlackRock | United States | 10,010 |
| 2 | Charles Schwab | United States | 8,140 |
| 3 | Vanguard Group | United States | 8,100 |
| 4 | UBS | Switzerland | 4,380 |
| 5 | Fidelity Investments | United States | 4,283 |
| 6 | State Street Global Advisors | United States | 4,020 |
| 7 | Morgan Stanley | United States | 3,230 |
| 8 | JPMorgan Chase | United States | 2,960 |
| 9 | Allianz | Germany | 2,760 |
| 10 | Capital Group | United States | 2,700 |
| 11 | Goldman Sachs | United States | 2,394 |
| 12 | BNY Mellon | United States | 2,266 |
| 13 | Amundi | France | 2,251 |
| 14 | PIMCO | United States | 2,000 |
| 15 | Legal & General | United Kingdom | 1,866 |
| 16 | Prudential Financial | United States | 1,620 |
| 17 | Deutsche Bank | Germany | 1,615 |
| 18 | Bank of America | United States | 1,571 |
| 19 | Invesco | United States | 1,556 |
| 20 | T. Rowe Price | United States | 1,552 |
Make sure to check out our social media to keep track of the latest content.
Instagram - @nyongesasande
Twitter - @nyongesasande
Facebook - Nyongesa Sande
YouTube - @nyongesasande
Disclaimer: The information that Nyongesasande.com provides on this website is obtained from publicly available resources and is intended for information or educational purposes only. We aim to present the most accurate information possible. Through this website, you might link to other websites which are not under our control. We have no control over the nature, content and availability of those websites. Inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed within them. All content on this website is copyright to the website’s owner and all rights are reserved. We take no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control. Please refer to our terms and conditions and privacy policy before using this website.