The Trader 

Market Outlook: Asset management booming

The Trader

Two reports out yesterday claim that total global assets under management at the end of 2016 stood at over $80 trillion.  Willis Tower Watson states the numbers increased by 5.8 per cent to $81.2 trillion.  PwC comes up with a total of $84.9 trillion which includes ETFs and forecasts these to grow to $145.4 trillion in 2025.  By far the biggest firm is US’s Blackrock with assets of $5.14 trillion, followed by pioneer Vanguard with $3.96 trillion.  Germany’s Allianz sits in fifth place with $1.97 trillion and the biggest British firm, with $1.1 trillion, comes in at number 20.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now