Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Register
Home / Other

BlackRock and Vanguard head Top 20 asset manager list

 

I&PE Magazine's list of the Top 20 Global Asset Managers contains some eye-popping numbers. We like to think Australia has a massive superannuation and fund management industry, but these 20 fund managers increased their FUM last year by more than the $A1.5 trillion in super.

Top 20 Global

Top 20 Global

 

 

 

 

 

 

 

 

 

 

 

 

 

 

While BlackRock remained the world's largest manager with €2.86 trillion in assets, Vanguard rose to second place after a nearly €200bn increase in assets to €1.62 trillion.

The company's 13% increase in assets was the largest total rise, beaten in relative terms only by the 19.4% increase seen by the UK's Legal & General Investment Management (LGIM).

Regardless of what the world thinks about funds managers and the move to direct investing, money is flowing into these businesses by the trillion.


 

Leave a Comment:


banner

Sponsors

Alliances

Site Map

About Firstlinks

© 2024 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.