Asset Management: Outstanding Record

Asset Management Outstanding Record

The amount of assets managed by the top 500 management companies in the world has reached 76,000 billion in 2013 (12% more compared to the previous year), according to a study published on Monday, November 10, by the consulting firm Towers Watson.

This level, surpassing the previous record of 69,000 billion set in 2007, is explained by the rise in financial markets last year and the collection of new loans.

The United States dominates the ranking: 7 of the top 10 management companies are American; the number one BlackRock displays over 4,300 billion of assets under management.

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