IVZ - Asset Managers: If You Are Not Growing - You Are Dying
The world's top asset managers list is seeing many familiar faces, some are pure/predominant asset managers while others are either banks - e.g. JPMorgan (JPM), Goldman Sachs (GS), Deutsche Bank (DB) - or insurers, such as Allianz (ALIZF), Axa (AXAHF, AXAHF), and Prudential Financial (PRU).
The four largest US asset managers - BlackRock (BLK), the Vanguard Group, State Street (STT), and Fidelity (FIS) are managing about $16T worth of assets. That's not too far off the