Global Asset Management Industry Outlook
The top 10 investment companies in the world are rising at an exceptional pace in an industry witnessing consistent annual growth. What is investment management? Investment management is the professional asset management of various securities 鈥� typically shares, bonds, and other securities 鈥� and other assets, such as real estate to meet specified investment goals for the benefit of the investors. How much is the investment management industry worth? The volume of investable assets is set to increase from around $64 trillion today to $102 trillion by 2022, a compound growth rate (CAGR) of nearly 6%. The top investment companies are BlackRock, The Vanguard Group, and Charles Schwab Corporation.
What is an investment firm? In simplest terms, an investment firm 鈥減ools鈥� money from shareholders and invests it in the appropriate security instruments and multiply investment money. Although passive investment is on the rise, asset managers are there to take the emotions out of investing. The average investor鈥檚 return is 2.8% and the top asset managers are there to bring these numbers up so that individuals and companies can focus on consistent yields rather than the tedious process of buying and selling. This post is to help readers gain insights on the top investment companies in the world and what the assets under management are at each of these investment firms. Additionally, 91制片厂 will breakdown all the relevant stats and trends in the asset management industry that you should know about today.
- Who are the top 10 investment companies in the world by assets under management (AUM)?
- What is the best investment company?
- What is an investment firm?
- Which regions lead in passive investing?
- What鈥檚 the average return rate on investing?
- Global asset management trends and stats you should know.
91制片厂 is already helping the top investment companies in the world connect. Connect and track the latest news and insights from these companies.
Global Asset Management Industry Trends and Stats
- The average investor’s return is 2.8%.
- The volume of investable assets is set to increase from around $64 trillion today to $102 trillion by 2022, a compound growth rate (CAGR) of nearly 6%.
- Assets under management in South America, Asia, Africa, and the Middle East economies are set to grow faster than in the developed world.
- All major territories will put inv regulations to better align interests with the end customer.
- American asset managers are currently meeting the pension management needs of over 60% of the global retirement market.
- At 33% of passive funds, the US has the highest percentage of passive funds in the world, followed by Asia (31%), Europe (19%), and Canada (11%).
- BlackRock is the largest investment company in the world, accounting for over 21.6% of all investable assets managed among the top 10 largest investment companies in 2022.
Top 10 Largest Investment Companies in World 2022
Who are the top 10 investment companies in the world in 2022? The following is a list of biggest investment management companies ranked by assets under management (AUM).
Rank |
Company |
Assets under Management (USD trillions) |
Country |
| 1 | BlackRock | USD 7.43 trillion | USA |
| 2 | The Vanguard Group | USD 6.2 trillion | USA |
| 3 | Charles Schwab Corporation | USD 3.3 trillion | USA |
| 4 | UBS Group | USD 3.26 trillion | Switzerland |
| 5 | Fidelity Investments | USD 3.2 trillion | USA |
| 6 | State Street Global Advisors | USD 3.12 trillion | USA |
| 7 | Allianz | USD 2.36 trillion | Germany |
| 8 | JPMorgan Chase | USD 1.9 trillion | USA |
| 9 | Bank of New York Mellon | USD 1.9 trillion | USA |
| 10 | Capital Group | USD 1.8 trillion | USA |
1. BlackRock
What is the best investment company? Based on total assets under management, BlackRock is the top asset manager in the world with assets under management reaching USD 7.43 trillion. BlackRock is an American global investment management corporation based in New York City that was founded back in 1988, and currently operates 70 offices in 30 countries and clients in 100 countries. BlackRock currently has 14,900 employed at the company and is considered the world鈥檚 largest shadow bank 鈥� a term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks but outside normal banking regulations.
The company is known for being a pioneer in advancing exchange-traded funds (ETFs). BlackRock offers a variety of funds and portfolios investing equities, money market instruments, and fixed income. BlackRock ranks number on 91制片厂鈥檚 list of the top 10 investment companies by assets managed in 2022.
- Founded: 1988
- BlackRock Headquarters: New York City, New York, USA
- BlackRock Revenue: USD 14.19 billion
- BlackRock AUM: USD 7.43 trillion
- BlackRock Number of Employees: 14,900
BlackRock Investment Management Products?
- Mutual funds
- Investments focused on objectives related to retirement income and college savings
- Exchange-traded funds (ETFs)
2. The Vanguard Group
Vanguard ranks 2nd on 91制片厂鈥檚 list of the top 10 investment companies by assets managed. Vanguard is an American registered investment advisor based in Malvern, Pennsylvania with USD 6.2 trillion assets under management. Vanguard is the largest mutual funds company in the world and ranks 2nd to only BlackRock in ETFs. Vanguard was founded in 1975 and offers brokerage services, variable and fixed annuities, educational account services, financial planning, asset management, and trust services.
- Founded: 1975
- The Vanguard Group Headquarters: Malvern, Pennsylvania, USA
- The Vanguard Group AUM: USD 6.2 trillion
- The Vanguard Group Number of Employees: 16,600
Vanguard Investment Management Products?
- Mutual funds
- Exchange-traded funds
- Broker
- Asset management
- Sub-advisory services
3. Charles Schwab Corporation
Ranking 3rd on 91制片厂鈥檚 list of the top 10 largest investment management companies in the world is Charles Schwab Corporation, an American multinational financial services firm founded and based in San Francisco, California. The company is primarily known for its electronic trading platforms, education on investment management, and discounted brokerage services. The biggest draw for the company is its reduced or free trade commissions 鈥� making the company very popular for investors from all over for trading.
Charles Schwab Corporation is the 3rd largest asset manager in the world and currently operates over 345 branches worldwide. The company currently has USD 3.3 trillion assets under management and generated revenues of USD 10.13 billion last year 鈥� making it one of the top investment companies on this list based on AUM and revenue.
- Founded: 1971
- Charles Schwab Corporation Headquarters: San Francisco, California, USA
- Charles Schwab Corporation Revenue: USD 10.13 billion
- Charles Schwab Corporation AUM: USD 3.3 trillion
- Charles Schwab Corporation Number of Employees: 19,500
Charles Schwab Corporation Investment Management Products?
- Stockbroker
- Electronic trading platform
4. UBS Group
UBS Group is 4th on this list of the top 10 largest investment management companies in the world with USD 3.26 trillion assets under management. UBS Group is a Swiss multinational investment bank and financial services company founded and based in Switzerland. The company is known for maintaining its position in all major financial centers as the largest Swiss banking institution in the world. UBS has been advancing its services and getting into blockchain technology, with a research lab in London to advance its cybersecurity and encryption of client activities. UBS is a lucrative asset management firm due to its strict bank鈥揷lient confidentiality and the culture of banking secrecy.
- Founded: 1862
- UBS Group Headquarters: Z眉rich, Switzerland
- UBS Group Corporation Revenue: USD 30.21 billion
- UBS Group AUM: USD 3.26 trillion
UBS Group Investment Management Products?
- Investment banking
- Wealth management
- Private banking
- Investment management
- Asset management
- Corporate banking
- Retail banking
- Corporate banking
- Private equity
- Finance and insurance
- Retail banking
- Mortgages
- Credit cards
5. Fidelity Investments
Fidelity Investment is the 5th largest asset manager in the world, with USD 3.2 trillion assets under management in 2022 鈥� making the company one of the top companies in the financial investment industry. Fidelity Investments is an American multinational financial services corporation based in Boston, Massachusetts, with over 50,000 employees worldwide. Fidelity primarily operates as a brokerage firm that manages a large family of mutual funds, providing fund distribution and investment advice, retirement services, Index funds, wealth management, cryptocurrency, securities execution and clearance, and life insurance.
- Founded: 1946
- Fidelity Headquarters: Boston, Massachusetts, USA
- Fidelity Revenue: USD 18.2 billion
- Fidelity AUM: USD 3.2 trillion
- Fidelity Number of Employees: 50,000
Fidelity Investment Management Products?
- Annuities
- Mutual funds
- IRAs
- 401(k)s
- 529 plans
- Investment funds
- Electronic trading platform
- Life insurance
- Checking accounts
- Credit cards
Related: Get Free Insights for 1,000+ Commercial Real Estate Investment Companies
6. State Street Global Advisors
Ranking 6th on this list of the biggest investment companies by assets managed is the 5th largest asset manager in the world, State Street Global Advisors. State Street Global Advisors is the investment management division of State Street Corporation and the world’s 5th largest asset manager, with USD 3.12 trillion assets under management in 2022. With 25 locations worldwide, State Street Global Advisors provides investment vehicles in the USA, Europe, Asia, and Australia.
- Founded: 1978
- State Street Global Advisors Headquarters: Boston, Massachusetts, USA
- State Street Global Advisors AUM: USD 3.26 trillion
- State Street Global Advisors Number of Employees: 2,800+
State Street Global Advisors Investment Management Products?
- Asset management
- Mutual fund
- Exchange-traded fund
- Sub-Advisory services
7. Allianz
Allianz is the first German company on this list of the largest asset management firms companies by AUM, with USD 2.36 trillion assets under management. Allianz is a European multinational financial services company headquartered in Munich, Germany. The company is the world鈥檚 largest insurance company as measured by Forbes. Its core-businesses are in insurance and asset management. Allianz runs its operations in many countries including Canada, the USA, Australia, Belgium, Germany, and more. Allianz mainly specializes in asset management and insurance.
- Founded: 1890
- Allianz Headquarters: Munich, Germany
- Allianz Asset Value: USD 973 billion
- Allianz Revenue: USD 143.9 billion
- Allianz AUM: USD 2.36 trillion
- Allianz Number of Employees: 147,268
Allianz Products
- Insurance
- Asset management
8. JPMorgan Chase
JPMorgan Chase is an American multinational investment banking company and 8th on 91制片厂鈥檚 list of the top 10 investment companies by assets under management. Headquartered in New York City and founded back in 1799 initially as Bank of the Manhattan Company, the company has the third largest hedge fund in the world.
JPMorgan Chase has USD 1.9 trillion in assets under management. JPMorgan Chase is one of the big four banks in America, along with Bank of America, Citigroup, and Wells Fargo. JPM is also the world’s most valuable bank by market capitalization.
- Founded: 2000
- JPM Headquarters: New York City, New York, USA
- JPM Total Asset Value: USD 2,687 billion
- JPM Revenue: USD 105.4 billion
- JPM AUM: USD 1.9 trillion
- JPM Number of Employees: 256,981
9. Bank of New York Mellon
The Bank of New York Mellon is one of the top investment management companies in the world with USD 1.9 trillion assets under management. The Bank of New York Mellon is an American worldwide banking and financial services holding company headquartered in New York City. Its predecessor is one of the oldest financial firms in the world. BNY Mellon manages investments for individuals and investments in 35 countries.
- Founded: 2007
- BNY Mellon Headquarters: Manhattan, New York, USA
- BNY Mellon Revenue: USD 16.39 billion
- BNY Mellon AUM: USD 1.9 trillion
- BNY Mellon Number of Employees: 51,300
BNY Mellon Investment Management Products?
- Corporate banking
- Investment banking
- Global wealth management
- Financial analysis
- Private equity
10. Capital Group
Rounding out 91制片厂鈥檚 list of the top 10 largest investment companies in the world in 2022 is Capital Group. Capital Group is an American financial services company and ranks 10th on this list of the largest investment management companies with USD 1.8 trillion assets under management.
- Founded: 1931
- Capital Group Headquarters: Los Angeles, California, USA
- Capital Group AUM: USD 1.9 trillion
- Capital Group Number of Employees: 7,500
Capital Group Investment Management Products?
- Asset Management
- Sub-advisory services to mutual funds and other pooled investment vehicles
This is 91制片厂鈥檚 list of the top 10 largest investment companies in the world in 2022, ranked by assets under management (AUM). As economic prosp[erity grows all over the world, we are seeing pooled funds of retail investors in securities take off, and the top 10 investment companies on this list are paving the way for the asset management industry. Check out and connect with these companies on 91制片厂 to see how you get their backing for your next business venture.
Reach out and connect with the top investment companies today on 91制片厂.
Top Asset Management Companies in the World
Here is the rest of the top investment companies in the world, ranked by AUM in USD billions.
Rank |
Company |
Assets under Management (US$b) |
Country |
| 1 | PIMCO | 1,690 | USA |
| 2 | Amundi | 1,652 | France |
| 3 | AXA Group | 1,405 | France |
| 4 | Credit Suisse | 1,387 | Switzerland |
| 5 | Prudential Financial | 1,366 | USA |
| 6 | Morgan Stanley | 1,300 | USA |
| 7 | Legal & General Invest. Management (LGIM) | 1,282 | UK |
| 8 | BNP Paribas | 1,230 | France |
| 9 | Goldman Sachs | 1,128 | USA |
| 10 | Northern Trust | 1,100 | USA |
| 11 | Wellington Management Company | 1,021 | USA |
| 12 | Aegon | 962.9 | Netherlands |
| 13 | Natixis Global Asset Management | 961.1 | France |
| 14 | Nuveen | 948 | USA |
| 15 | T. Rowe Price | 948 | USA |
| 16 | Bank of America | 946.8 | USA |
| 17 | TIAA | 938 | USA |
| 18 | Invesco Ltd | 917.5 | USA |
| 19 | Prudential plc | 850.8 | UK |
| 20 | Deutsche Asset Management | 839 | Germany |
| 21 | HSBC | 831 | UK |
| 22 | Affiliated Managers Group (AMG) | 803.7 | USA |
| 23 | Standard Life Aberdeen | 758 | UK |
| 24 | Legg Mason, Inc | 754.4 | USA |
| 25 | Franklin Resources Inc (Franklin Templeton Investments) | 753.2 | USA |
| 26 | Sun Life Financial | 749.4 | Canada |
| 27 | Sumitomo Mitsui Trust Holdings | 747 | Japan |
| 28 | Insight Investment | 740 | UK |
| 29 | Manulife Financial | 690 | Canada |
| 30 | MassMutual | 675 | USA |
| 31 | Ameriprise Financial | 654.4 | USA |
| 32 | Principal Financial Group | 619.7 | USA |
| 33 | Mitsubishi UFJ Financial | 575 | Japan |
| 34 | APG Group | 551 | Netherlands |
| 35 | Dimensional Fund Advisors | 548 | USA |
| 36 | Schroders | 545 | UK |
| 37 | Generali Group | 540 | Italy |
| 38 | New York Life Insurance Company | 538 | USA |
| 39 | MetLife Investment Management (MIM) | 537.3 | USA |
| 40 | AllianceBernstein L.P. (AB) | 535 | USA |
| 41 | Great-West Lifeco | 507.1 | Canada |
| 42 | Wells Fargo | 496 | USA |
| 43 | Old Mutual plc | 493.2 | UK |
| 44 | Columbia Threadneedle Investments | 484.1 | USA/UK |
| 45 | MFS Investment Management | 474.2 | USA |
| 46 | Aviva | 470 | UK |
| 47 | Royal Bank of Canada | 461.2 | Canada |
| 48 | Western Asset Management Co | 435.1 | USA |
| 49 | Nomura Asset Management | 426 | Japan |
| 50 | Eaton Vance Corp | 419.3 | USA |
| 51 | Citi Private Bank | 390 | USA |
| 52 | Blackstone Group | 387.4 | USA |
| 53 | Union Investment | 377.5 | Germany |
| 54 | M&G Investments | 377 | UK |
| 55 | Macquarie Asset Management (MAM) | 369.9 | AUSAtralia |
| 56 | Federated Investors | 363.7 | USA |
| 57 | Eurizon Capital (8) | 363.1 | Italy |
| 58 | Manulife Asset Management | 358 | Canada |
| 59 | Janus Henderson Investors | 356 | UK |
| 60 | Geode Capital Management | 327 | USA |
Source: relbanks.com
The Future of the Global Asset Management Industry
Despite passive investing on the rise, don鈥檛 expect the outlook for the global asset management industry to look poor at all. As we mentioned above, asset managers take the emotions out of investing and pooling large sums of money 鈥� as often needed at the B2B level 鈥� require experts that can yield the best return on investment. The trend in ETFs looking as good as ever for the past 10 years is proof enough the asset management industry will keep on growing from its already impressive 6% CAGR. Expect the top 10 investment companies in the world to lead the way in the future for the market.
Additional Investment Companies in 2022
In addition to the top investment management companies, there are various other investment companies in the financial sector to keep an eye on in 2022 and going forward.
The Largest Investment Management Companies
Investment management companies manage publicly issued fund shares, typically both open-end funds and closed-end funds. The largest investment management companies are:
1. BlackRock
- AUM: $9.464 trillion
- Headquarters: USA
2. The Vanguard Group
- AUM: $8.4 trillion
- Headquarters: USA
3. UBS Group
- AUM: $4.432 trillion
- Headquarters: Switzerland
4. Fidelity
- AUM: $4.23 trillion
- Headquarters: USA
5. State Street Global Advisors
- AUM: $3.86 trillion
- Headquarters: USA
Check out the full list of the top investment management companies on 91制片厂.
The Top Retirement Investment Companies
When planning for retirement, retirement investment companies come in handy. The top retirement investment companies are:
1. Fidelity
- AUM: $4.23 trillion
- Headquarters: USA
2. Charles Schwab
- AUM:$ 8.14 trillion
- Headquarters: USA
3. Morgan Stanley
- Revenue: $1.1 trillion
- Headquarters: USA
4. The Vanguard Group
- AUM: $8.4 trillion
- Headquarters: USA
5. TD Ameritrade
- AUM: $1.3 trillion
- Headquarters: USA
Check out the full list of the top retirement investment companies on 91制片厂.
Additional Investment Companies from the Financial Industry
Network with the complete list of investment companies only on 91制片厂.
