The world’s largest 500 asset managers is a joint annual research study conducted by the Thinking Ahead Institute, in conjunction with Pensions & Investments. This edition covers trends and assets under management (AUM) for 2024.
Key industry observations
- North American managers lead in AUM growth with a notable 13.3% increase in 2024
- In contrast, Japan’s managers experienced a significant decline, with AUM falling by 9.5%
- Passives now account for 39.0% of total assets, a 6.1% increase over the year
- The top 20 asset managers further consolidated their influence, now controlling 47.0% of total AUM, up from 45.5% in 2023
- This study also highlights the rapid rise of private-market specialists, whose AUM growth has outpaced traditional managers
Jessica Gao, Director at The Thinking Ahead Institute commented:
This study paints a vivid picture of an industry in transition. We’re seeing a convergence of forces, from the rise of passive strategies and private markets to the growing influence of Artificial Intelligence. These trends are reshaping the very foundations of asset management.
Full report
The full report is available now to our members. If you are not a member but would like to view the full report, please reach out to us via email: enquiries@thinkingaheadinstitute.org
