World's largest managers attract more assets during crisis

Multi-trillion-dollar managers like BlackRock, Vanguard, State Street and Fidelity have increased their share of the industry's assets during the recent crisis.

Photo: Lucas Jackson/Reuters/Ritzau Scanpix/Reuters / X90066

Since the 2008 financial crisis, more and more assets have been reeled in by the largest asset managers, and during the first three months of the year this trend has increased further, writes the Financial Times.

The largest 1 percent of investment groups now manage 61 percent of total industry assets. This is 243 times more than the bottom 50 percent, compared with 208 times at the end of last year and 105 in 2010.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ETF specialist hires Nordic director

The US-based provider of exchange-traded products is strengthening its Nordic sales team with Amundi's former Head of ETF and Indexing in the Nordics.

Further reading

Related articles

Latest news

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch