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]
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 |  UBS | Switzerland | 5,710 | |
| 4 | Fidelity Investments | United States | 4,240 | |
| 5 | State Street Global Advisors | United States | 3,600 | |
| 6 | Morgan Stanley | United States | 3,131 | |
| 7 | JPMorgan Chase | United States | 3,006 | |
| 8 | Goldman Sachs | United States | 2,672 | |
| 9 |  Crédit Agricole | France | 3,500 | |
| 10 |  Allianz | Germany | 2,364 | |
| 11 | Capital Group | United States | 2,300 | |
| 12 | Amundi | France | 2,103 | |
| 13 | BNY | United States | 1,910 | |
| 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 |
Coronation Fund Managers
EFG Hermes
eToro
First City Monument Bank Heirs Holdings
Investcorp
Kingdom Holding Company
National Social Security Fund (Uganda)
NBK Capital Ninety One ltd Old Mutual Public Investment Corporation Sanlam STANLIB
UAP Old Mutual Holdings Stanbic IBTC Holdings Acadian Asset Management AdvisorShares Affiliated Managers Group AllianceBernstein Allspring Global Investments American Century Investments Ameriprise Financial Arrowstreet Capital AQR Capital Barings LLC BlackRock
Bradesco Blackstone BNY Investments Boston Partners Bridgewater Associates BrightSphere Investment Group
Brookfield Asset Management Brown Advisory BTG Pactual Calamos Investments Cambridge Associates Cambridge Investment Research Capital Group Companies Charles Schwab Corporation CI Financial Cohen & Steers Columbia Threadneedle Investments Conning Dimensional Fund Advisors Dodge & Cox DoubleLine Capital Dreyfus Corporation Eaton Vance Edward Jones Investments Federated Hermes Fidelity Investments First Trust Fisher Investments Franklin Templeton Investments GAMCO Investors GBC Asset Management Geode Capital Management Gluskin Sheff GMO LLC GQG Partners Guardian Capital Group Harbert Management Corporation Harris Associates Hartford Invesco Itaú Unibanco J. & W. Seligman & Co. Janus Capital Group Knight Vinke Asset Management Legg Mason Loomis, Sayles & Company Lord Abbett LSV Asset Management Mackenzie Investments Manulife Investment Management Merrill MFS Investment Management Natixis Investment Managers Neuberger Berman NISA Investment Advisors Northern Trust Nuveen Investments Oaktree Capital Management
Orbis Investment Management Payden & Rygel PGIM PIMCO PineBridge Investments Polen Capital Power Financial PRIMECAP Principal Financial Group PSP Investments Putnam Investments Pzena Investment Management Raymond James RLJ Companies Ruane, Cunniff & Goldfarb Russell Investments SEI Investments Company Sprucegrove Investment Management State Street Global Advisors Sun Life Financial T. Rowe Price TCW Group TIAA Tsai Capital VanEck The Vanguard Group Victory Capital Virtus Investment Partners Voya Financial Waddell & Reed Walden Asset Management Wellington Management Company Wilshire Associates WisdomTree Investments XP Inc.
Affin Hwang Capital
AMP Capital
Artradis
Asia Frontier Capital
Asset Management One Australian Ethical Investment
Axis Mutual Fund BetaShares
Bosera Asset Management Aditya Birla Sun Life Asset Management BT Capital Dynamics China Asset Management China Southern Asset Management Colonial First State E Fund Management Eastspring Investments First Sentier Investors Fullgoal Fund Management Harvest Fund Management ICBC Credit Suisse Asset Management ICICI Prudential Mutual Fund IDFC Project Equity IFM Investors Investors Mutual Limited Kotak Mutual Fund L&T Mutual Fund Macquarie Asset Management Magellan Financial Group
Mirae Asset Financial Group Mitsubishi UFJ Trust and Banking Corporation Penghua Fund Management Perpetual Limited Platinum Asset Management Plenary Group Samsung Asset Management SBI Mutual Fund Shinhan Asset Management SPARX Group Sumitomo Mitsui Trust Holdings Tianhong Asset Management UTI Asset Management Value Partners Zhong Ou Asset Management
Abrdn
Aegon N.V. Alliance Trust Allianz Global Investors Amundi
Anima Holding APG Ashmore Group Aviva Investors AXA Investment Managers Azimut Holding Baillie Gifford Barclays Bluebay Asset Management BNP Paribas Asset Management Brewin Dolphin
Candriam Investors Group Capital Fund Management The Children's Mutual Climate Change Capital Cork Gully DekaBank DWS Group Edinburgh Partners Eurizon Capital F&C Asset Management Fidelity International Genevalor Benbassat & Cie Generali Investments Generation Investment Management Henderson Group Henderson New Star HSBC Insight Investment Invesco Perpetual Intelligent Money Janus Henderson Jupiter Fund Management Van Lanschot Kempen La Française Group Legal & General
LGT Group Lindsell Train Liongate Capital Management M&G Investments Mercury Asset Management Mirabaud Group Swiss Life Natixis Investment Managers Newton Investment Management NN Investment Partners Octopus Group Quilter plc Rathbones Record Currency Management Lombard Odier Robeco Royal London Asset Management Schroders Scottish Mortgage Investment Trust Scottish Widows
Skagen Funds
Stodir
Superfund Group Tilney Ltd. UBS Union Investment