Financial Services - Top 10 Asset Managers in the World in 2021 by Assets Under Management (AuM) (2024)

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Financial Services - Top 10 Asset Managers in the World in 2021 by Assets Under Management (AuM)? ›

The ranking of the top 10 global managers was almost unchanged from last year. BlackRock retained the top spot with €7.1trn of AUM, with Vanguard, Fidelity, SSGA, Capital Group and JPMAM also keeping their positions.

The ranking of the top 10 global managers was almost unchanged from last year. BlackRock retained the top spot with €7.1trn of AUM, with Vanguard, Fidelity, SSGA, Capital Group and JPMAM also keeping their positions.

In 2021, the value of AUM worldwide amounted to 112.3 trillion U.S. dollars, where North America accounted for almost half of the value.

Of these $93.8 trillion, AUM in North America was $54.5 trillion, or 58.1%. US Asset managers occupied the top 3 slots of largest managers, with BlackRock keeping its top billing since 2009, and with Vanguard and State Street rounding out the top 3 positions for the last 4 years.

The three largest asset owners globally are: Government Pension Investment Fund of Japan – $1.4 trillion AUM. Norway's Norges Bank Investment Management – $1.3 trillion AUM. China Investment Corp.

Vanguard takes institutional lead over BlackRock

Vanguard Group surpassed BlackRock as the largest worldwide institutional money manager. BlackRock remains the world's largest asset manager overall.

For nearly two decades, strong market performance spurred revenue growth. But in 2022, global assets under management fell by 10% to $98 trillion.

Assets under management (AUM) is the total market value of the investments managed by a person or entity on behalf of investors. AUM fluctuates to reflect the flow of money in and out of a fund and the price performance of the assets. A fund's management fees and expenses are often calculated as a percentage of AUM.

Asset managers faced a tough year in 2022, with global assets under management (AUM) falling to US$115.1 trillion, nearly 10% below the 2021 high (US$127.5 trillion). This represented the greatest decline in a decade.

Is BlackRock bigger than Fidelity? ›

BlackRock manages about $9 trillion in assets, including about $2.6 trillion in its US ETFs. Though not as large of an asset manager, Fidelity had $11.5 trillion assets under administration, as of Sept. 30.

7.13 trillion USD (August 2022)

Charles Schwab Corporation / Assets under management

Assets under management (AUM), also called funds under management, is the total market value of the securities a financial institution (such as a bank, mutual fund, or hedge fund) owns or manages on behalf of its clients.

As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM one year earlier, as of 2022. The total assets under management of BlackRock Inc.

At Capital Group, home of American Funds, we have only one goal: to help you achieve yours. In business for 92 years and with more than $2.5 trillion* in assets under management, we've helped millions of investors pursue their goals.

A robust literature describes the incentives and stewardship practices of the “Big Three” asset managers (BlackRock, Vanguard, and State Street Global Advisors), often referring to these asset managers as “passive.” This is so common that the “Big Three,” “index fund,” and “passive manager” are used almost ...

Franklin Templeton, managing approximately $1.5 trillion in assets, is looking to capitalize on the growing demand for Bitcoin investments. Their proposed ETF, if approved, would provide investors with a more accessible and regulated means to gain exposure to the world's leading cryptocurrency.

- Barclays Global Investors (BGI) in 2009: Acquiring BGI, including its iShares ETF platform, was a transformative move for BlackRock, propelling it to become the leading asset manager globally.