Top Asset Management Companies in the World in 2024: BlackRock Leads with $10.74 Trillion AUM
New York City-based BlackRock, with assets under management (AUM) value worth $10.74 trillion, has topped the list of the largest asset management companies in the world in 2024. Asset Management Companies (AMCs) play a crucial role in managing investments to generate returns for investors.
BlackRock, a publicly traded investment management firm, offers a broad range of investment management and technology services to institutional and retail clients worldwide. The company’s product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. BlackRock serves a diverse mix of institutional and retail clients across different regions.
Following BlackRock on the list is Vanguard Group with an AUM of $8.7 trillion, Fidelity Management & Research with $3.88 trillion, The Capital Group Companies, Inc with $2.5 trillion, Amundi with $2.25 trillion, Pacific Investment Management Company LLC with $1.74 trillion, Franklin Resources Inc with $1.6 trillion, Invesco with $1.59 trillion, T. Rowe Price Group Inc with $1.44 trillion, and SEI Investments with $1.4 trillion in AUM.
These asset management companies provide a range of investment products and solutions to help investors achieve their financial goals. With their expertise and global presence, these companies play a significant role in the financial industry. Stay tuned for more updates on banking and finance news.
