FACTBOX-World's largest asset management companies
LONDON, June 25 (Reuters) - The fund management industry met in Monaco this week for its annual Fund Forum conference as managers wrestle with a breakdown of trust in the industry and face up to increased M&A activity in the sector. [ID:nLP518170]
A mega-deal between BlackRock and Barclays Global Investors created by far the world's largest asset management firm, and sparked intense speculation in the sector. [ID:nN1274098]
Following is a list of the world's largest asset management firms based on stated assets under management as of March 31 with currencies converted into dollars at the March 31 rate:
COMPANY AUM ($ trillion)
1. Barclays Global Investors (BARC.L) $1.44
2. State Street Global Advisers SRCKF.PK $1.4
3. Fidelity Investments $1.3
4. Allianz Global Investors (ALVG.DE) $1.3
5. BlackRock (BLK.N) $1.28
6. Axa (AXAF.PA) $1.04
7. Vanguard (excl. sub-advised assets) $0.94
8. BNY Mellon (BK.N) $0.88
9. BNP Paribas/Fortis (BNPP.PA) $0.87
10. Capital Group $0.85
11. Goldman Sachs Asset Management (GS.N) $0.77
12. Legg Mason (LM.N) $0.63
13. Deutsche Asset Management (DBKGn.DE) $0.61
14. Natixis (CNAT.PA) $0.59
15. UBS Global Asset Management (UBSN.VX) $0.51
(Compiled by Joel Dimmock; Editing by Dan Lalor)
