STT - Global AUM rose almost 15% last year to top $100T: Willis Towers Watson

Assets under management at the world's 500 largest asset managers topped $100T for the first time last year, totaling $104.4T, according to research from Willis Towers Watson's Thinking Ahead Institute.That's  up 14.8% from 2018 and an almost three-fold increase from $35.2T in 2000.The research, conducted in conjunction with Pensions & Investment newspaper, also confirms the concentration among the top 20 managers whose market share increased during the period to 43% of total assets vs. 38% in 2000 and 29% in 1995.During that time, 232 asset manager names have dropped out of the ranking.“The investment industry has always been dynamic, but the pace of change is speeding up, manifested notably through consolidation,” said Roger Urwin, co-founder of the Thinking Ahead Institute.Among other trends of the note is the growth of passive and index tracking, factor-based strategies and solutions. Passively managed assets in the survey increased to $7.9T in 2019, up from $4.9T

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Global AUM rose almost 15% last year to top $100T: Willis Towers Watson