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List of Global Top 50 Fund Management Firms 2016

In 2016, the global top 50 Fund Management firms have a combined asset of $53.58 trillion AUM.  Caproasia Intel review the list of Global Top 50 Fund Management firms:

 

No. 1 Which is the Largest Fund Management Firm?

The largest Fund Management Firm is BlackRock with a total AUM of $4.73 Trillion.  It was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein and Keith Anderson.

 

No. 2 Which is the Oldest Fund Management Firm on the List?

BNY Mellon in 1784.  The Bank of New Mellon Corporation was a merger between The Bank of New York and Mellon Financial Corporation.  The Bank of New York was founded in 1784 on the 9th of June, by American Founding Father Alexander Hamilton.

 

No. 3 Which is the Best Era to Set Up a Fund Management Firm?

Between 1950 to 1999.  8 Firms on this list of 50 have a total AUM of $14.5 trillion or 27.2% of the total AUM of $53.58 trillion.  In fact, no Fund Management firm on the list was set up between 1950 – 1970.

5 of the 8 firms have more than $1 Trillion AUM.  Incidentally, all originated from United States.

CompanyCountry of OriginFoundedAUM ( US$ Billion)
PIMCOUnited States19711,500
Prudential FinancialUnited States19741,218
VanguardUnited States19753,371
State Street GlobalUnited States19832,296
Blackrock, IncUnited States19884,437

 

  • Between 1784 – 1899, there are 25 firms today managing $21.08 trillion AUM or 39.35%
  • Between 1900 – 1949, there are 10 firms today managing $10.87 trillion AUM or 20.3%
  • Between 1950 – 1999, there are 8 firms today managing $14.57 trillion AUM or 27.2%
  • Between 2000 – 2010 there are 7 firms today managing $7.03 trillion AUM or 13.13%
  • Combined, the total AUM of the 50 Fund Management Firm is $53.58 trillion.

 

No. 4 Which Country has the Most Fund Management Firms?

United States. The country has 26 Fund Management Firms on the 2016 listing with a total AUM of $32.98 Trillion or 61.55% of the top 50 AUM of $53.58 Trillion.

Next on the list is United Kingdom with 7 firms with a total AUM of $4.05 Trillion. The only Asian country on the list is Japan with 2 firms with a total AUM of $1.30 Trillion.

 

No. 5 What is the Average AUM?

The average AUM is $1.01 Trillion per Fund Management Firm while the median (50th Percentile) AUM is $818.85 billion.

 

 


All Global Top 50 Fund Management Firms 2016:

 

RankCompanyCountry of OriginFoundedAUM (US$ Billion)
1BlackRock, IncUnited States19884,737
2VanguardUnited States19753,371
3UBS Global Asset ManagementSwitzerland20022,713
4State Street Global AdvisersUnited States19782,296
5Fidelity InvestmentsUnited States19462110
6Allianz Asset ManagementGermany18901,984
7J.P. Morgan Asset ManagementUnited States18711,676
8BNY MellonUnited States17841,639
9PIMCO ( Pacific Investment Management Company)United States19711,500
10Capital GroupUnited States19311,390
11AXA GroupFrance18171,264
12Credit SuisseSwitzerland18561,224
13Prudential FinancialUnited States19741,218
14Deutsche Asset & Wealth ManagementGermany19191,203
15Morgan StanleyUnited States19351,192
16AmundiFrance20101,119
17Goldman SachsUnited States18691,110
18Legal & General Investment ManagementUnited Kingdom18361,106
19BNP ParibasFrance18481,069
20Wellington Management CompanyUnited States1928943
21Northern TrustUnited States1819900
22Bank of AmericaUnited States1904890.7
23Natixis Global Asset ManagementFrance2007884.9
24TIAA Global Asset ManagementUnited States1918854
25Invesco LtdUnited States1935783.7
26T.Rowe PriceUnited States1937764.6
27Franklin Resources ( Franklin Templeton Investments)United States1947747.1
28Prudential PLCUnited Kingdom1848731.6
29Legg Mason, IncUnited States1899707.1
30Sumitomo Mitsui Trust GroupJapan2002681.7
31Sun Life FinancialCanada1865663.1
32Wells Fargo Asset ManagementUnited States1852653.4
33Manulife FinancialCanada1887642.3
34Mass MutualUnited States1861642
35Affiliated Managers GroupUnited States1993642
36Ameriprise FinancialUnited States1894623.6
37Mitsubishi UFJ Financial GroupJapan2005621
38BNP Paribas Investment PartnersFrance2007590.5
39Generali GroupItaly1831588.3
40Principal FinancialUnited States1879547.7
41MetlifeUnited States1868530.8
42New York LifeUnited States1845512
43Great West LifecoCanada1891484.1
44Old MutualUnited Kingdom1845471.3
45SchrodersUnited Kingdom1804467
46Aviva InvestorsUnited Kingdom2000429.6
47Royal Bank of CanadaCanada1864428.2
48HSBC Global Asset ManagementUnited Kingdom1865424.1
49Aberdeen Asset ManagementUnited Kingdom1983420.9
50Aegon Asset ManagementNetherlands1983390

Source: Caproasia Institute

 

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