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
BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.
Who are the top asset managers? ›
Rankings by Total Managed AUM
| 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 |
92 more rowsList of Top Asset Management Companies in India 2024
| S.No. | AMC | Assets Managed (as on 31-Mar-2024) |
|---|
| 1. | SBI Mutual Fund | ₹ 919,519.99 crore |
| 2. | ICICI Prudential Mutual Fund | ₹ 716,867.52 crores |
| 3. | HDFC Mutual Fund | ₹ 614,665.43 crores |
| 4. | Nippon India Mutual Fund | ₹ 438,276.85 crores |
6 more rows3 days ago
BlackRock, Inc. is an American multinational investment company. It is the world's largest asset manager, with $10 trillion in assets under management as of December 31, 2023. Headquartered in New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries.
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Asset Manager Salary
| Annual Salary | Hourly Wage |
|---|
| Top Earners | $135,000 | $65 |
| 75th Percentile | $109,000 | $52 |
| Average | $94,129 | $45 |
| 25th Percentile | $74,500 | $36 |
