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
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.
Who are the top asset managers? ›
Rankings by Total Managed AUM
| Rank | Profile | Managed AUM |
|---|
| 1. | BlackRock | $10,470,000,000,000 |
| 2. | Vanguard | $7,250,000,000,000 |
| 3. | Fidelity Management & Research | $3,880,000,000,000 |
| 4. | The Capital Group Cos. Inc. | $2,500,000,000,000 |
93 more rowsSummary of findings
The four largest asset managers backed fewer shareholder resolutions on environmental and social issues in 2022 than they did in 2021. 49 additional resolutions would have received majority support if the largest asset managers had voted in favour of them.
Who is the world's largest asset manager? ›
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 is the largest asset manager in the world 2022? ›
Managers ranked by total worldwide institutional assets under management
| Rank | Manager | Change |
|---|
| 1 | BlackRock | 10.56% |
| 2 | Vanguard Group | 13.55% |
| 3 | State Street Global | 15.39% |
| 4 | Fidelity Investments | 16.31% |
77 more rowsWithin the world of corporate governance, there has hardly been a more important recent development than the rise of the 'Big Three' asset managers—Vanguard, State Street Global Advisors, and BlackRock.
Who is the best asset manager in the US? ›
Reputation
- 1st: American Funds 4.60.
- 2nd: Vanguard 4.52.
- 3rd: T. Rowe Price 4.46.
There are over 11,020 asset managers currently employed in the United States. 35.7% of all asset managers are women, while 64.3% are men. The average asset manager age is 45 years old.
What are the largest asset management companies in the US? ›
BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM). The size of these firms allows them to offer a multitude of services to their clients.
How big is the asset management industry in 2022? ›
In 2022, however, rapidly rising interest rates caused both stock and bond values to plummet. The result was the second-largest single-year decrease in global assets under management (AuM) since 2005. Global AuM fell by $10 trillion, or 10%, to $98 trillion—near 2020 levels.
How many asset managers are there? ›
There are over 11,020 asset managers currently employed in the United States. 35.7% of all asset managers are women, while 64.3% are men. The average asset manager age is 45 years old.
How big is the asset management market in 2022? ›
Asset Management Market was valued at USD 371.2 billion in 2022 and is predicted to grow at around 34% CAGR between 2023 and 2032, due to the aging infrastructure across several economies.
