Investment management basically involves professional asset management across various securities such as equities and shares along with other assets such as real estate so as to help the fellow companies achieve their investment goals and also at the same time benefit from the investors.
An investment firm takes in money from the shareholders and uses it to invest in different security instruments in order to grow the invested money. Passive investment has become immensely popular over the past few years, but asset management has become an important part of doing investments.
Listed below are the five largest investment management companies in the world:
Grand capital review has listed BlackRock among the top companies in this sector. Based on the total assets under management, BlackRock is one of the known asset managers with assets reaching to USD 7.43 trillion. It is an American investment management corporation located in New York City and was founded in 1988. Till date, it has over 70 offices spread across 30 countries. It is considered one of the world’s largest shadow banks. Although it has services that are similar to the traditional banks, it also acts as a non-bank financial intermediary.
This investment management company is another largest asset management intermediary. It was founded in Malvern based out of Malvern and holds over USD 6.2 trillion assets under management. As per the thinkmarkets review, it is also counted among one of the largest mutual funds companies in the world. In addition to that it also provides services in brokerage, fixed annuity, financial planning, educational account services, and others as well.
According to lmfx review, this American multinational financial services company which is headquartered in San Francisco is another popular name in this sector. It was previously known for its excellent services in electronic trading platforms, brokerage services at discounted rates, and investment management. Earlier it used to provide free trade commissions but now it has cut down on that which is one of the reasons why it is a popular asset management choice for various clients in trading.
4. UBS Group
This company is based out of Switzerland and has access to over USD 3.26 trillion assets under management. It is a popular name in the financial service provider sector and is one of the largest Swiss banking institutions. It has advanced in several services and is now advancing in blockchain technology. It also has a research lab in London which majorly focused on cyber security and encryption for the clients. It maintains strict confidentiality with their clients and ensures bank secrecy.
With its headquarters in Boston, this is a popular American multinational asset management company and has over 50,000 employees across the world. It is primarily a brokerage firm but it also manages mutual funds and index funds, wealth management and provides services in fund distribution, retirement services, cryptocurrency, securities execution and clearance, and life insurance.