An asset management company (AMC) is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more diversification, liquidity, and professional management consulting service than is normally available to individual investors. The diversification of portfolio is done by investing in such securities which are inversely correlated to each other. Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities. A study by consulting firm Casey Quirk, which is owned by Deloitte, found that asset management firms ended 2020 with record highs in both revenue and assets under management.^[1]

Largest companies

The following is a list of the top 20 asset managers in the world (as of 2023), ranked by total assets under management (AUM):^[2]

Rank	Firm/company	Country	AUM (billion USD)
1	BlackRock	United States	9,090
2	Vanguard Group	United States	7,600
3	Fidelity Investments	United States	4,240
4	State Street Global Advisors	United States	3,600
5	Morgan Stanley	United States	3,131
6	JPMorgan Chase	United States	3,006
7	Goldman Sachs	United States	2,672
8	Crédit Agricole	France	2,660
9	Allianz	Germany	2,364
10	Capital Group	United States	2,300
11	Amundi	France	2,103
12	BNY Mellon	United States	1,910
13	UBS	Switzerland	1,830
14	PIMCO	United States	1,800
15	Edward Jones Investments	United States	1,700
16	Deutsche Bank	Germany	1,492
17	Invesco	United States	1,484
18	Legal & General	United Kingdom	1,477
19	Bank of America	United States	1,467
20	Franklin Templeton	United States	1,421

Asset management firms worldwide

References

See also

• List of investment banks
• List of private-equity firms
• List of venture capital firms