In this article, we discuss 5 of the biggest asset management companies in the world. If you want to check out some more big asset management companies, go directly to 15 Biggest Asset Management Companies in the World.
5. Amundi
AUM: $2.14 trillion
Amundi is a leading European asset manger with assets under management of 1.76 trillion euros or $2.14 trillion in 2021. As an investment manager, Amundi has been a leader in responsible investment with a dedication to environmental, societal and governance investing. With AUM of $2.14 trillion, Amundi also ranks as among the 15 Biggest Asset Management Companies in the World.
4. The Capital Group Cos. Inc.
AUM: $3.1 trillion
The Capital Group Cos. Inc is one of the largest investment management organizations in the world that has been managing institutional assets since 1968. The company has continued to develop through periods of prosperity and uncertainty as well as market bubbles and declines. As a result, the company had an AUM of $3.1 trillion according to SWFI.
3. Fidelity Management & Research
AUM: $3.69 trillion
Fidelity Management & Research is one of the largest investment firms in the world that offers mutual funds and wealth management services to individuals and institutions. According to SWFI, Fidelity Management & Research also has assets under management of $3.69 trillion, which makes it #3 on our list of 15 Biggest Asset Management Companies in the World.
2. BlackRock, Inc. (NYSE:BLK)
AUM: $8.49 trillion
BlackRock, Inc. (NYSE:BLK) is a global investment manager and the second largest institution in terms of assets under management in the world.
On August 12, Brian Bedell of Deutsche Bank upped his price target on BlackRock, Inc. (NYSE:BLK) to $860 from $720 and kept a ‘Buy’ rating. Bedell thought BlackRock, Inc. (NYSE:BLK)’s fundamentals were ‘relatively good’ in Q2 and he views alternative managers as positioned for upside.
In the second quarter, the company reported adjusted EPS of $7.36, versus the consensus of $7.90. Sales for the period were $4.53 billion, versus the consensus of $4.65 billion. AUM was $8.49 billion, down 11% year over year.
Of the 895 hedge funds in our database, 50 owned shares of BlackRock, Inc. (NYSE:BLK) at the end of the second quarter with Harris Associates owning 902,958 shares.
1. Vanguard
AUM: $8.5 trillion
Vanguard is a financial institution that offers mutual funds, IRAs, ETfs, and retirement plans. Since its founding nearly five decades ago, Vanguard has offered the first index mutual fund, adopted a commission free distribution system and also internalized fixed income management. As a result of its growth, Vanguard has a AUM of $8.5 trillion according to SWFI and hence edges out BlackRock, Inc. (NYSE:BLK) for the number one ranking in our list of 15 Biggest Asset Management Companies in the World.
You can also take a look at 10 Best Blue Chip Stocks To Buy and 10 Blue Chip Stocks To Buy Now According To Billionaire Andreas Halvorsen.
