List of asset management firms
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.
Largest companies
The following is a list of the top 10 AMCs in the world (as of 2017), ranked by total assets under management (AUM):[1]
Rank | Firm/company | Country | AUM (US$bn) |
---|---|---|---|
1 | BlackRock | United States | 6,288 |
2 | The Vanguard Group | United States | 5,100 |
3 | Charles Schwab Corporation | United States | 3,360 |
4 | UBS | Switzerland | 3,101 |
5 | State Street Global Advisors | United States | 2,800 |
6 | Fidelity Investments | United States | 2,488 |
7 | Allianz | Germany | 2,268 |
8 | J.P. Morgan Asset Management | United States | 1,900 |
9 | BNY Mellon Investment Management | United States | 1,800 |
10 | PIMCO | United States | 1,690 |
Note: PIMCO is a fully owned subsidiary of Allianz. Allianz's figure comprises the assets under management of PIMCO and Allianz Global Investors.[2]
List of AMCs worldwide
Africa and Middle East
- African Alliance Uganda Limited (Uganda)
- Allan Gray Investment Management (South Africa)
- Clarity Capital (Israel)
- Coronation Fund Managers (South Africa)
- EFG-Hermes (Egypt)
- Kingdom Holding Company (Saudi Arabia)
- Investment One (Nigeria)
- NBK Capital (Kuwait)
- Old Mutual (South Africa)
- PineBridge Investment Co. Limited (Uganda)
- Qatar Investment Authority (Qatar)
- Sanlam (South Africa)
- STANLIB (South Africa)
- UAP Financial Services (Uganda)
Americas
- AdvisorShares
- AllianceBernstein
- American Century Investments
- American International Group
- Ameriprise Financial
- AQR Capital Management
- Aon
- Bain Capital
- Banco Bradesco
- Banco do Brasil
- The Bank of New York Mellon
- Barings Asset Management
- BlackRock
- The Boston Associates
- Bridgewater Associates
- Calamos
- Cambridge Associates
- Cambridge Investment Research
- Capital Group Companies
- Charles Schwab
- Citigroup
- Clarium Capital
- Columbia Management Group
- Conning & Company
- Cordiant Capital Inc.
- Cowen Group
- Credit Suisse
- Crossroads Group
- Dimensional Fund Advisors
- Dodge & Cox
- Dreyfus Corporation
- Eaton Vance
- Edward Jones Investments
- Federated Investors
- Fidelity Investments
- First Command Financial Planning
- First Republic Bank
- Firstrade Securities
- Fisher Investments
- Franklin Templeton Investments
- Fremont Group
- GAMCO Investors
- GBC Asset Management
- Gluskin Sheff
- Goldman Sachs
- Guardian Capital Group
- Harbert Management Corporation
- HarbourVest Partners
- Harris Associates
- The Hartford
- Interactive Brokers
- Invesco
- Itau
- J. & W. Seligman & Co.
- J.P. Morgan Asset Management
- Janus Capital Group (defunct)
- Knight Vinke Asset Management
- Legg Mason
- Loomis, Sayles & Company
- Lord Abbett
- Mackenzie Investments
- Manulife Asset Management
- Merrill Lynch
- MFS Investment Management
- Morgan Stanley
- Natixis Investment Managers
- Neuberger Berman
- New York Life Investment Management
- Northwestern Mutual
- Northern Trust
- Nuveen Investments
- Oaktree Capital
- Oppenheimer Holdings
- Payden & Rygel
- PIMCO
- Pioneer Investments
- PNC Financial Services
- Principal Financial Group
- Prudential Financial
- PTI Securities & Futures
- Putnam Investments
- Raymond James
- RLJ Companies
- Ruane, Cunniff & Goldfarb
- Russell Investments
- Sageview Capital
- Sprucegrove Investment Management
- Stanford Financial Group (defunct)
- State Farm Insurance
- State Street Global Advisors
- Stifel
- T. Rowe Price
- TCW Group
- TIAA
- Towers Watson
- Tsai Capital
- UBS
- USAA
- Value Line
- The Vanguard Group
- Virtus Investment Partners
- Waddell & Reed
- Walden Asset Management
- Wellington Management Company
- Wells Fargo
- William Blair & Company
- Willis Towers Watson
- Wilshire Associates
- WisdomTree Investments
- XP Inc.
Asia
- Affin Hwang Asset Management Berhad
- Asia Frontier Capital Ltd.
- Birla Sun Life Asset Management
- Capital Dynamics
- Conning & Company
- Global Investment House
- Hana Financial Group
- IDFC Project Equity
- IIFL
- Investcorp
- KB Asset Management
- Mirae Asset Group
- Mitsubishi UFJ Financial Group
- Mizuho Financial Group
- Nomura Group
- Shinhan BNP Paribas Asset Management
- SinoPac Financial Holdings
- Sumitomo Mitsui Financial Group
- Unit Trust of India
- Value Partners
Australia
- AMP Capital
- Australian Ethical Investment
- BetaShares
- BT Financial Group
- Colonial First State
- IFM Investors
- Investors Mutual Limited
- Macquarie Group
- MLC Limited
- Perpetual Limited
- Platinum Asset Management
- Plenary Group
- Queensland Investment Corporation
Europe
- Alliance Trust
- Allianz Global Investors
- Amundi
- Aon
- Ashburton (Jersey) Limited
- Ashmore Group
- Aviva Investors
- AXA Investment Managers
- Azimut Holding
- Baillie Gifford
- Barclays Wealth
- Bluebay Asset Management
- BNP Paribas Investment Partners
- Bouwfonds
- Brewin Dolphin
- Candriam Investors Group
- The Children's Mutual
- Climate Change Capital
- Conning & Company
- Crédit Agricole
- Deka Investment
- Deutsche Asset Management
- Edinburgh Partners Ltd
- F&C Asset Management
- Genevalor Benbassat & Cie
- Generation Investment Management
- Henderson Group
- Henderson New Star
- HSBC
- ING Group
- Insight Investment
- Invesco Perpetual
- Investec
- Intelligent Money
- Janus Henderson Investors
- Jupiter Fund Management
- KBC
- Kleinwort Benson
- La Française Group
- Legal & General
- LGT Group
- Liongate Capital Management
- Lyxor Asset Management
- M&G Investments
- Mercury Asset Management
- Mirabaud Group
- Morgan, Grenfell & Co. (defunct)
- Newton Investment Management
- NN Investment Partners
- Odey Asset Management
- Old Mutual
- Panmure Gordon & Co.
- Partners Group
- Permal Group
- Piraeus Asset Management MFMC
- Prudential Property Investment Managers
- Quintet Private Bank
- Rathbone Brothers
- Lombard Odier
- Robeco
- Royal London Asset Management
- Santander Group
- Schroders
- Scottish Mortgage Investment Trust
- Scottish Widows
- Skagen Funds
- Standard Life Aberdeen
- Stichting Pensioenfonds ABP
- Stichting Pensioenfonds Zorg en Welzijn
- Stodir
- Sun Life Financial
- Superfund Group
- SVG Capital
- Tilney Group
- Union Investment
- Willis Towers Watson
- Zurich Financial Services