The total amount of assets under management (AUM) by the world's biggest 500 managers rose 15.6% last year to $93.8tn, according to the Willis Towers Watson's Thinking Ahead Institute. That was up from a 12.1% increase in 2014. BlackRock was the largest manager in the rankings, followed by Vanguard and State Street.
The total amount of assets under management (AUM) by the world's biggest 500 managers rose 15.6% last year to $93.8tn, according to the Willis Towers Watson's Thinking Ahead Institute. The Global 500 research also showed that 43% of AUM were managed by the 20 largest firms, marking the highest level since 2000. BlackRock was the largest manager in the rankings, followed by Vanguard and State Street.