How big is the asset management industry? (2024)

How big is the asset management industry?

Global Asset Management Market size was valued at USD 277.42 billion in 2021 and is poised to grow from USD 373.69 billion in 2022 to USD 5455.24 billion by 2030, growing at a CAGR of 34.7% in the forecast period (2023-2030).

How big is the asset management industry market?

The global Asset Management market size was valued at USD 313548.66 million in 2021 and is expected to expand at a CAGR of 28.35% during the forecast period, reaching USD 1401808.54 million by 2027.

How much is the asset management industry worth?

Asset Management Market was valued at USD 371.2 billion in 2022 and is predicted to grow at around 34% CAGR between 2023 and 2032, due to the aging infrastructure across several economies.

Is asset management a good industry?

The asset management industry is typically known for offering competitive compensation packages combined with a good work-life balance. Finding a position may be challenging as there are fewer jobs than in areas such as investment banking.

Who is the No 1 asset management?

Their total AUM decreased year-on-year to USD 50.3 trillion. Turning to individual asset managers, the research shows that BlackRock remains the world's largest asset manager, despite seeing a drop in AUM from just over USD 10 trillion to just over USD 8 trillion in 2022.

Who dominates the asset management industry?

The United States, along with the United Kingdom, is a key center in both the source of assets under management, and, even more importantly, as a dominant force in the asset management industry itself.

Who is the largest asset manager?

BlackRock remains the world's largest asset manager overall.

How prestigious is asset management?

Asset management is a prestigious field that demands top talent. There are fewer positions available than in areas such as investment banking, and the relatively lower number of jobs coupled with the high level of qualifications can make landing an opportunity in this field a challenge.

What is the highest salary in asset management?

Very High Confidence means the data is based on a large number of latest salaries. Asset Manager salary in India ranges between ₹ 2.3 Lakhs to ₹ 16.0 Lakhs with an average annual salary of ₹ 6.6 Lakhs. Salary estimates are based on 1.2k latest salaries received from Asset Managers.

Is BlackRock the worlds largest asset manager?

The inflows and rise in markets in the past three months of the year pushed BlackRock's total assets under management just over $10 trillion, the world's largest asset manager said in a statement Friday.

Do asset managers make millions?

As a post-MBA Analyst at a large mutual fund, total compensation might be on par with what post-MBA IB Associates earn: around $250K to $350K. At the Portfolio Manager level, earning potential is around $1.0 – $1.5 million per year.

Is asset management a lucrative career?

Investment banking and asset management offer lucrative career paths for ambitious, high-performing economics and finance students. Jumping into either of these fields often means making a lot of money right out of school.

Is it hard to break into asset management?

Getting into asset management is NOT easy. Only two can get you into asset management – first, the required skills and a burning desire to make it to the top.

Who is the 2 trillion asset manager?

Who is the 1.5 trillion asset manager?

Franklin Templeton, managing approximately $1.5 trillion in assets, is looking to capitalize on the growing demand for Bitcoin investments. Their proposed ETF, if approved, would provide investors with a more accessible and regulated means to gain exposure to the world's leading cryptocurrency.

Who runs BlackRock?

Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. He is a co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management.

Who are the big three asset managers?

Within the world of corporate governance, there has hardly been a more important recent development than the rise of the 'Big Three' asset managers—Vanguard, State Street Global Advisors, and BlackRock.

How competitive is asset management?

Investment banking and asset management are two of the most prestigious and competitive areas in the financial services industry, typically attracting highly qualified candidates from top universities.

How big is the asset management market in the US?

U.S. Asset Management Market Size 2024–2030, Market Share & Market Analysis. Asset Management Market size surpassed USD 355 Billion in 2022 and is poised to reach USD 4045.12 Billion, growing at over 39.9% CAGR between 2023 and 2030.

Who is BlackRock biggest competitor?

BlackRock's competitors and similar companies include Fidelity Investments, Berkshire Hathaway, Charles Schwab, Edward Jones, Vanguard, State Street and Northern Trust. BlackRock is a company that provides investment advisory and risk management solutions.

Do asset managers make money?

The standard fee for asset managers is 1% of whatever is being invested. Some asset management funds also make money through a performance fee, similar to a bonus. Performance fees are setup so asset managers are rewarded with a bonus payout when growing the fund to a certain target threshold.

What are the 4 biggest investment companies?

What is the average age of asset managers?

The average age of asset managers is 40+ years years old, representing 68% of the asset manager population.

Is asset management stressful?

Long Hours: Many asset management companies require their employees to work long hours, often requiring them to work late nights and weekends. 2. High Pressure: Asset management companies are often in high-pressure environments and require their employees to make quick decisions with large amounts of money.

Is JP Morgan Asset Management prestigious?

J.P. Morgan Asset Management is the investment management unit of JPMorgan Chase, one of the world's largest, most prestigious, most influential banks.