10 World’s Biggest Investment Management Companies– There are 10 World’s Biggest Investment Management Companies. This data is obtained from the annual reports and the other source from the official websites of companies. An investment company is a company that collects funds from individual investors and invests these funds in several types of securities or other asset instruments.
In Overall, these investment companies have trillion managed assets from their customers all over the world. They have some investment products and market them to the customer. Some of their products are Stock, Bonds, Mutual Funds and ETFs, Insurance Products such as Variable Annuities. With professional and leading investment teams, they strive to manage the assets of their customers.
In this article, this company is ranked by Assets Under Management (AUM). Basically, Assets under management (AUM) are the total market value obtained when investors entrust all their investments to investment managers. Each company has a different definition and formula for calculating AUM.
The Rank of 10 World’s Biggest Investment Management Companies
| Rank | Name of Companies | Assets Under Management (AUM) in 2020 |
|---|---|---|
| 1 | BlackRock | 8.6 Trilion US Dollar |
| 2 | Vanguard Group | 7.2 Trillion US Dollar |
| 3 | Fidelity Investments | 4.2 Trillion US Dollar |
| 4 | State Street Global Advisors | 3.8 Trillion US Dollar |
| 5 | JPMorgan Chase | 2.7 Trillion US Dollar |
| 6 | Capital Group | 2.3 Trillion US Dollar |
| 7 | PIMCO | 2.2 Trillion US Dollar |
| 8 | BNY Mellon Investment Management | 2.2 Trilion US Dollar |
| 9 | Goldman Sachs | 2.1 Trillion US Dollar |
| 10 | Amundi | 1.72 Trillion Euro / 1.9 Trillion US Dollar |
| 11 | UBS Group | 1.2 Trilion US Dollar |
| Source : Annual report, 2020 | ||
| Currency Rate : 1 Euro = 1.13 US Dollar | ||
As added data, we also give information about the assets, liabilities, revenue, and income of some companies. We showed the public investment companies and private investment companies cannot be shown because of limited access to financial information. Of course, the financial information of public investment companies was obtained from the Balance Sheet and Income Statements of the Annual Report in 2020.
The Financial Conditions and Performance of Biggest Investment Management Companies
Brief Description of 10 World’s Biggest Investment Management Companies
1.BlackRock
BlackRock, Inc. is one of the biggest investment management companies based in New York City. in 2020, this company has assets under management (AUM) of around 8.6 trillion US dollars. Historically, BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson. One of the founders, Larry Fink, still become the CEO of this company. Along with the development of this company, Black has clients spread in more than one hundred countries and 150,000 wealth management professionals. Operationally, BlackRock has invested in over 270 wind and solar infrastructure projects around the world and These investments have supported 20,000 jobs.
2. Vanguard Group
The Vanguard Group, Inc. is an American-based investment company. It was founded by the outstanding investor i.e., Jack Bogle on May 1, 1975. Jock Bogle is famous with Index Fund. In 2020, the total of assets under management of company reaches 7.2 trillion US Dollar
Operationally, this company has a primary office in Malvern, Pennsylvania, United States. Operationally, along with the development of the company’s business, the employees of the company are about 17,300 in the United States and abroad. Based on the business performance, a number of investors are more than thirty million investors, in about 170 countries. Financially, a number of funds is about 209 U.S. funds (including variable annuity portfolios) and about 232 added funds in markets outside the United States.
3. Fidelity Investments
Fidelity Investments Inc., commonly known as Fidelity, is one of the biggest financial service companies based in Boston, Massachusetts, U.S. Historically, Edward Johnson founded this company. In 2020, Fidelity’s assets under management reach 4.2 trillion US dollars. Along with the development of the company’s business, Fidelity has managed employee benefit programs for over 22,000 businesses, support more than 13,500 financial institutions and forty million individual investors.
4. State Street Global Advisors
State Street Corporation is a financial holding company organized in 1969 under the laws of the Commonwealth of Massachusetts. In 2020, State Street’s assets under management reach 3.8 trillion US dollars.
Historically, this company was founded in 1978 and has a primary office in Boston, Massachusetts, United States. As a financial institution, this company has come diversified products, namely Asset management, Mutual fund, Exchange-traded fund, Equity, and Fixed Income. Along with the development of the company’s business, as of December 31, 2020, on a joined basis, State Street had total assets of $314.71 billion, total deposits of $239.80 billion, total shareholders’ equity of $26.20 billion, and 39,000 employees. Operationally, this company has run in more than one hundred geographic markets worldwide, including the U.S., Canada, Europe, the Middle East, and Asia.
5. J.P. Morgan Chase
J.P. Morgan Chase & Co., a financial holding company incorporated under Delaware law in 1968, is a leading financial services firm based in the United States of America (“U.S.”) and has operations worldwide. Financially, J.P. Morgan Chase had $3.4 trillion in assets and $279.4 billion in stockholders’ equity as of December 31, 2020. In 2020, J.P. Morgan Chase assets under management (AUM) reach 2.7 trillion US dollars.
6. Capital Group
Capital Group is an American financial corporation that was founded in Los Angeles, California in 1931. It is privately held and has offices around the globe in the Americas, Asia, Australia, and Europe. Along with the development of the company’s business, Capital group has 7,500 of employees. In 2020, Capital Group assets under management (AUM) reach 2.3 trillion US dollars.
7. PIMCO
PIMCO (Pacific Investment Management Company, LLC) is founded in 1971 by Bill Gross, Jim Muzzy, and Bill Policy. Commonly, PIMCO manages assets from several financial institutions, namely central banks, sovereign wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world. Our scale and specialized resources have helped build a diverse platform of product offerings. Along with the development of the company’s business, this company has employees of 2,900 people. In 2020, PIMCO’s assets under management (AUM) reach 2.2 trillion US dollars.
8. BNY Mellon Investment Management
BNY Mellon Investment Management (BNY Mellon IM) is the investment management division of BNY Mellon. This is one of the largest asset management companies in the world. Operationally, this has diversified products of investment, namely Mutual Funds, Money market funds, and ETFs. In 2020, BNY Mellon Investment Management reach 2.2 trillion US dollars.
9. Goldman Sachs
Goldman Sachs is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management, and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments, and individuals. In Investment Management, this company has assets under management (AUM) of around 2.1 trillion US dollars.
10. Amundi
Amundi offers its clients in Europe, Asia-Pacific, the Middle East, and the Americas a wealth of marketability and a full range of capabilities across the active, passive, and real assets investment universes. Based on ownership, it is a part of a subsidiary of Credit Agricole, one of the biggest banks in Europe. Operationally, this company has headquartered office in Paris. In 2020, the Total assets under management (AUM) of Amundi reach 1.72 trillion US dollars.
11. UBS Group
UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Operationally, this company has 71,551 employees in fifty countries. In 2020, the Total assets under management (AUM) of UBS Group reach 1.2 trillion US dollars.
Bibliography of 10 World’s Biggest Investment Management Companies
BlackRock. 2021. Annual Report 2020. Accessed via https://www.blackrock.com/corporate/investor-relations/2020-annual-report on November 17th, 2021
Vanguard. 2021. About Vanguard. Accessed via https://about.vanguard.com/who-we-are/fast-facts/ on November 17th, 2021.
State Street Global Advisors.2021. About Us. Accessed via https://www.ssga.com/us/en/institutional/ic/about-us/who-we-are on November 17th, 2021.
Fidelity. 2020. Fidelity Annual Report. Accessed via https://institutional.fidelity.com/app/literature/annual-report/705632/fidelity.html on November 17th, 2021.
J.P. MorganChase&Co. Annual Report 2020. Accessed via https://www.jpmorganchase.com/ir/annual-report on 17th, 2021.
Capital Group. 2021. About Capital Group. Private Markets. Accessed via https://www.capitalgroup.com/pe/about-us.html on November 17th, 2021.
PIMCO. 2021.Our Firm. Accessed via https://global.pimco.com/en-gbl/our-firm on November 17th, 2021.
BNY Mellon. 2021. About Us. Accessed via https://www.bnymellon.com/us/en/about-us/about-bny-mellon.html on November 17th, 2021.
Goldman Sachs. 2021. Annual Report 2020. Accessed via https://www.goldmansachs.com/investor-relations/financials/current/annual-reports/2020-annual-report/ on November 17th, 2021.
Amundi. 2021. Annual Report 2020. Accessed via https://about.amundi.com/index.php/layout/set/popin/Sites/Amundi-Corporate/Pages/News/Actus-Financieres/Key-Documents on November 17th, 2021
UBS.2021. Annual Report 2020. Accessed via https://www.ubs.com/global/en/investor-relations.html on November 17th, 2021