"Investors are looking for a value for money product that doesn't just do well (financially)" but one that does good, Ms. Hall added. Total Assets: US$ 4,009 billion Market Capitalization: US$ 312 billion. Choose your news – we will deliver. With over $4 trillion in total assets, the Industrial and Commercial Bank of China is currently the largest bank in the world. Moody's Investors Service said Sept. 29 that it expects to keep its outlook for the money management industry in Europe at negative for the rest of the year as assets under management, revenues, cash flows and earnings remain highly correlated to the performance of financial markets. The firm serves individual investors, companies, governments, and foundations through over 70 offices worldwide. Synty Studios. Figures are based on a subset of managers that have provided relevant data for all years since 2017. The 10-year compound annual growth rate of the top 20 firms was 6.1%, outpacing that of the 500 largest managers at 5.4%. Following the outbreak of the coronavirus pandemic in late 2019, money managers' businesses suffered from a subsequent market downturn. 150 N. Michigan Ave. Quick Look. Major global market equity indexes have broadly recovered from their lows in March this year but the shape of the recovery will be dependent on the fiscal and monetary support packages developed in response to the COVID-19 pandemic, she added. These firms run between $1.09 trillion and $7.43 trillion in assets. The annual ranking's data support that realization. Wyrażam zgodę na przetwarzanie i wykorzystywanie w celach realizacji Usług przez MH INVEST Spółka z Ograniczoną Odpowiedzialnością Spółka Komandytowa ul. A Wells Fargo branch in North Carolina  Image Courtesy: Crédit Agricole SA. "Volatility will drive portfolio construction," Mr. Phillips said adding that growth over the next five years will be shaped by discussions over environmental taxes, pandemic relief programs and potential financial disruption due to bankruptcies caused by the pandemic. Fixed-income assets were 33.8% of total AUM down from 34.4% in 2018. Firms in the second half of the top 500, running between $9.6 billion and $49.9 billion, saw their share decrease to 5.5% from 5.9% the previous year. The annual ranking by Pensions & Investments and Willis Towers Watson PLC's Thinking Ahead Institute showed that passively managed assets increased 25.3% at the end of 2019 to $7.87 trillion. Sign up and get the best of News delivered straight to your email inbox, free of charge.