Towers Watson and Pensions & Investments have published their latest annual global 500 ranking of the world’s largest asset managers.
Highlights from this year’s report include:
- Assets managed by the world’s largest 500 fund managers rose by over 8% to US$68 trillion in 2012, making up any lost ground from the previous year when assets in the survey fell by 3%.
- Total assets are now almost back to the record levels of 2007 (around US$69 trillion) and almost double assets levels from 2002.
- By number, bank-owned asset managers continue to dominate the top 20, although the number of independent managers in the group remained static.
Source: Towers Watson/P&I. Download report here.
Citywire have also published this additional analysis of the top 10.