US increases share of assets among world’s top managers
17. November 2014
Independent asset managers gain dominance as bank-owned managers decline amid risk reduction
Twelve of the 20 biggest fund managers globally were from the US last year, accounting for two-thirds of all assets under management among the group, while the remaining eight were based in Europe, according to a study by professional services company Towers Watson.
The data also show that US asset managers among the top 500 overall have increased their share of assets under management to 50 percent from 41 percent over the past 10 years while the share fell for asset managers from Japan, Switzerland and the UK.
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