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What are the largest European management companies?
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What are the largest European management companies?

On Europe Day, every 9 May, we celebrate peace and unity in Europe. This date marks the anniversary of the historic ‘Schuman Declaration’, in which he set out his idea for a new form of political cooperation in Europe.
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9 MAY, 2024

By RankiaPro Europe

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On May 9, we commemorate Europe Day, an opportunity to celebrate and reaffirm the unity of the countries that make up the European Union, currently composed of 27 members.

Therefore, we thought it appropriate to dedicate this day to see which are the largest asset management companies in the Old Continent: below we present the ranking of the top 10 positions based on their Assets Under Management (AUM).

Ranking of the 10 largest management companies in Europe according to their AUM (2024) – how did we prepare it?

The data come from ADV Ratings, these are the 10 management companies with the highest AUM as for June 2024:

European rankGlobal rankFirmCountryAUM (USD bn)
17Credit AgricoleFrance2,858
29UBS GroupSwitzerland2,620
311Allianz GroupGermany2,479
412AmundiFrance2,284
516Deutsche BankGermany1,670
619Legal & General (LGIM)UK1,512
723BNP ParibasFrance1,385
824Natixis Investment ManagersFrance1,322
928HSBC HoldingsUK1,242
1033AXA GroupFrance1,021

Beyond the top 10 European asset managers, several other large firms appear further down the global ranking. Schroders plc from the United Kingdom ranks 35th globally, managing USD 959.4 billion in assets under management. Other notable European firms include Insight Investment (UK), ranked 42nd globally with USD 824.3 billion, and Fidelity International (UK), ranked 43rd with USD 816.9 billion in AUM. These firms remain among the most significant investment managers in Europe, although they fall just below the trillion-dollar threshold.

Additionally, some European asset managers outside the top 10 still manage very large portfolios but appear lower in the global list. For example, Aegon Ltd, headquartered in the Netherlands, ranks 40th globally with approximately USD 891.4 billion in AUM. These companies demonstrate the depth of the European asset management industry, where a number of firms manage several hundred billion dollars in assets even if they do not rank among the continent’s largest institutions.

This article is for informational purposes only and does not constitute financial advice.

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