Any type of business, whether it is trading, selling, or investing, has to have a thorough understanding of the opportunities and risks. To make sure the company generates a profit, asset management companies minutely examine these aspects and ensure that investors’ capital is yielding good return.
Understanding asset management companies
Asset Management Companies (AMCs) are organizations that manage investments with an aim of generating returns for investors. These companies provide a range of financial products, such as mutual fund plans. An AMC’s main purpose is to help investors in achieving their financial objectives. Investors can invest in Mutual Fund (MF) scheme units. These are managed by experienced investment teams employed by the AMC. While some investors use the AMC’s website or other approved channels to buy mutual fund schemes directly, others use the services of certified financial consultants.
Largest asset managers in the world in 2024
Let’s take a look at some of the largest asset management companies in the world in 2024, by value of assets under management (AUM), according to a report by Statista.
BlackRock (AUM: $10.47 trillion)
New York City-based BlackRock tops the list. It is a publicly traded investment management firm. The company’s primary activities include providing a broad range of investment management and technology services to institutional and retail clients worldwide. BlackRock’s product offerings encompass single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. The company serves a diverse mix of institutional and retail clients, including tax-exempt institutions, official institutions, taxable institutions, and retail intermediaries. The company operates in North America, South America, The Middle East, Asia-Pacific, Europe, and Africa. BlackRock is headquartered in New York City, New York.
Vanguard Group (AUM: $8.7 trillion)
The Vanguard Group Inc (Vanguard) is a provider of investment management services, which offers a comprehensive range of investment products and solutions. Its portfolio of offerings comprises exchange-traded funds, mutual funds, stocks, bonds, certificates of deposits, annuities, retirement income, estate planning, account services, personal services, and guidance advice to personal investors. The company also offers flagship and voyager services, advice and financial planning services, and educational saving options. Vanguard offers active mutual funds, index mutual funds, and collective trusts to institutional clients. The company operates through branch offices and online portals in the regions of the Americas, Europe, and Asia-Pacific. Vanguard is headquartered in Malvern, Pennsylvania, the U.S.
Fidelity Management & Research (AUM: $3.88 trillion)
FMR LLC (Fidelity Investments) is a provider of investment management. It offers solutions such as account and trade, planning and advice, and varied investment products. Account and trade comprise portfolio management, trading, and cash management services. Planning and advice include retirement solutions, and wealth management planning and advisory. Under investments, Fidelity Investments offers mutual funds, stocks, certificate of deposits, annuities, bonds, credit cards, and exchange-traded funds. The company serves individual investors, advisors, institutional clients, and employers in North America, Europe, and Asia-Pacific. Fidelity Investments is headquartered in Boston, Massachusetts, the U.S.
The Capital Group Companies, Inc (AUM: $2.5 trillion)
The Capital Group Companies, Inc. (Capital Group) is a global investment management organization that primarily focuses on helping investors achieve their financial goals. The company’s main activities include managing money, conducting research, and maintaining long-term relationships with its clients. Capital Group offers a range of products and services such as mutual funds and separately managed accounts, all grounded in fundamental research. The company serves a diverse clientele, including individual investors and institutions, across various industries. It operates through a network of offices located in the Americas, Asia, and Europe, serving the investment needs of clients worldwide. Capital Group is headquartered in Los Angeles, California, the U.S.
Read more: What is asset management? A complete guide
Amundi (AUM: $2.25 trillion)
Amundi SA (Amundi), a subsidiary of Credit Agricole SA, is a provider of investment and asset management services. The company offers investment solutions including active and passive management, alternative assets, structured solutions and technology services. It provides active management of shares, bonds, yields, passive management of indexed funds, and management of non-liquid assets such as property assets and private debts. Amund offers its services to institutional and corporate clients, insurers, pension funds and sovereign entities. The company operates through a network of distributors including retail banks, private banks, insurers, asset managers and online banks. It serves customers across Europe, the Middle East, Asia and the Americas. Amundi is headquartered in Paris, Ile-de-France, France.
Pacific Investment Management Company LLC (AUM: $1.74 trillion)
Pacific Investment Management Company (PIMCO) is a global leader in active fixed income with deep expertise across public and private markets. The firm’s extensive resources, global presence and time-tested investment process are designed to help give its clients an edge as they pursue their long-term goals. PIMCO invests her clients’ capital across a range of fixed income and credit opportunities, drawing upon its decades of experience navigating complex debt markets. PIMCO specializes in fixed-income securities. The company serves institutional investors, high-net-worth individuals, and individual investors with its account services and mutual funds. PIMCO’s headquarters are in Newport Beach, California, U.S.
Franklin Resources Inc (AUM: $1.6 trillion)
Franklin Resources Inc (Franklin Resources) is a financial holding company that operates as Franklin Templeton Investments, together with its subsidiaries. Its offerings comprise a range of investment solutions such as equity, hybrid, fixed income, alternative investment products, and mutual funds. The company provides related investment services, which consist of fund administration and management, shareholder servicing, trustee and custody services, and other fiduciary services. Franklin Resources operates through a network of branch offices, wealth managers, and online portals; and serves institutional, retail, and high-net-worth clients. It has a presence in the Americas, Europe, the Middle East, the Asia-Pacific, and Africa. Franklin Resources is headquartered in San Mateo, California, the U.S.
Invesco (AUM: $1.59 trillion)
Invesco Ltd (Invesco) is an independent global investment management firm. The company’s primary activities include providing a range of active, passive, and alternative investment capabilities to help clients achieve their investment objectives. Invesco offers a wide array of investment services, including single-country, regional, and global capabilities across equity, fixed-income, and alternative asset classes. These services are delivered through various investment vehicles such as institutional separate accounts, collective trusts, mutual funds, and exchange-traded funds (ETFs). The company operates globally, with a significant presence in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Invesco Ltd. Invesco is headquartered in Atlanta, Georgia, the U.S.
T. Rowe Price Group Inc (AUM: $1.44 trillion)
T. Rowe Price Group Inc (T. Rowe) is a financial holding company providing investment management and advisory services to investors. The company offers a wide range of mutual funds, retirement solutions, sub-advised funds, collective investment trusts, separately managed accounts, and other sponsored products. T. Rowe offers collective investment trusts, open-ended investment products, and target date retirement products. The firms also provides planning and advisory, asset management, investment strategies, brokerage, trust, and recordkeeping and transfer agent services. The company has an operational presence in the Americas, Europe, the Middle East Africa, and Asia-Pacific. T. Rowe is headquartered in Baltimore, Maryland, the U.S.
SEI Investments (AUM: $1.4 trillion)
SEI Investments Co (SEI) primarily focuses on providing enterprise platform solutions to address complex business challenges. Its main offerings include business process outsourcing, data management, and cyber protection services. These are all designed to improve operational efficiency and performance. The company also offers end-to-end platforms for wealth and investment management, which include processing, fund administration, information analytics, and cybersecurity services. It serves a diverse clientele, including financial advisors, wealth and asset managers, institutional investors, banks, broker-dealer advisors, and high-net-worth individuals and families. It operates globally, with offices in the US, Canada, Ireland, India, Luxembourg, South Africa, and the UK. The company is headquartered in Oaks, Pennsylvania, U.S.
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