Largest Asset Management Firms

Following are among the largest asset management firms/companies in the world:

State Street Global Advisors (SSgA) - It is the asset management business of State Street Corporation and the world's second largest asset manager, with USD $1.9 trillion in assets under management as of June 2010.

Barclays Global Investors (BGI) - It is one of the largest asset managers in the world. Barclays engaged in retail banking, credit cards, corporate banking, investment banking, wealth management and investment management services with an extensive international presence in Asia, Africa, Europe and the Americas.

J.P. Morgan Asset Management - It is one of the biggest asset management firms in the world with over $1.1 trillion in assets under management (Based on AUM for the Asset Management (JPMAM, PCS, PB) division of JPMorgan Chase as of 30 June 2010).

Legg Mason - Since its founding in 1899 in Baltimore, Maryland, Legg Mason has evolved into one of the largest asset management firms in the world, with assets under management of $668 billion as of 30 November 2010. The principal affiliates of Legg Mason are among the industry leaders in their respective areas of specialization, including Permal Group (Fund of Hedge Fund), Royce and Associates (Small-Cap), ClearBridge Advisors (Equity), etc.

Fidelity Investments - It is one of the world's largest providers of financial services, with custodied assets of more than $2.5 trillion, including managed assets of over $1.2 trillion as of 30 November 2008. The firm is also the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm.

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Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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