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.
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):
Asset management firms worldwide
Africa and Middle East
Allan Gray
Clarity Capital
Coronation Fund Managers
EFG Hermes
eToro
First City Monument Bank
Heirs Holdings
Investcorp
Kingdom Holding Company
NBK Capital
Ninety One ltd
Old Mutual
Public Investment Corporation
Sanlam
STANLIB
UAP Old Mutual Holdings
Americas
Acadian Asset Management
AdvisorShares
Affiliated Managers Group
AllianceBernstein
Allspring Global Investments
American Century Investments
Ameriprise Financial
Arrowstreet Capital
AQR Capital
Barings LLC
BlackRock
Blackstone
BNY Mellon Investment Management
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
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 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 The Vanguard Group Victory Capital Virtus Investment Partners Waddell & Reed Walden Asset Management Wellington Management Company Wilshire Associates WisdomTree Investments XP Inc.