Market Intelligence
World’s Largest Publicly Traded Asset Managers by Market Capitalization As of December 31, 2020
| Firm | Market Cap (US$) 12/31/20 |
Market Cap (US$) 9/30/20 |
| BlackRock (US) | $110.7 billion | $86.5 billion |
| Blackstone Group (US) | $77.4 billion | $62.5 billion |
| Brookfield Asset Management (Canada) | $65.0 billion | $52.1 billion |
| KKR (US) | $34.8 billion | $29.2 billion |
| T. Rowe Price Group (US) | $34.3 billion | $29.1 billion |
| Partners Group (Switzerland) | $31.5 billion | $24.6 billion |
| Apollo Global Management (US) | $21.2 billion | $19.4 billion |
| Amundi (France) | $16.6 billion | $14.2 billion |
| 3i Group (UK) | $15.4 billion | $12.5 billion |
| Franklin Resources (US) | $12.6 billion | $10.1 billion |
| Ares Management (US) | $12.2 billion | $10.4 billion |
| Schroders (UK) | $12.1 billion | $9.2 billion |
| Carlyle Group (US) | $11.1 billion | $8.6 billion |
| DWS Group (Germany) | $8.5 billion | $6.9 billion |
| Standard Life Aberdeen (UK) | $8.4 billion | $6.5 billion |
| Invesco (US) | $8.0 billion | $5.2 billion |
| Eaton Vance (US) | $7.8 billion | $4.4 billion |
| Magellan Financial Group (Australia) | $7.6 billion | $7.4 billion |
| M&G (UK) | $7.0 billion | $5.3 billion |
| Intermediate Capital Group (UK) | $6.7 billion | $4.5 billion |
| IGM Financial (Canada) | $6.4 billion | $5.4 billion |
| Janus Henderson Group (US) | $5.9 billion | $4.0 billion |
| Affiliated Managers Group (US) | $4.6 billion | $3.2 billion |
| Tikehau Capital (France) | $4.3 billion | $3.5 billion |
| Hamilton Lane (US) | $4.2 billion | $3.5 billion |
| Ashmore Group (UK) | $4.2 billion | $3.3 billion |
| Artisan Partners Asset Management (US) | $4.0 billion | $3.1 billion |
| CI Financial (Canada) | $2.6 billion | $2.8 billion |
| StepStone Group (US) | $3.8 billion | $2.5 billion |
| Cohen & Steers (US) | $3.6 billion | $2.7 billion |
| AllianceBernstein (US) | $3.2 billion | $2.6 billion |
| Azimut Holding (Italy) | $3.1 billion | $2.6 billion |
| Focus Financial Partners (US) | $3.1 billion | $2.3 billion |
| Federated Hermes (US) | $2.9 billion | $2.2 billion |
| Ninety One (UK/South Africa) | $2.8 billion | $2.4 billion |
| Man Group (UK) | $2.7 billion | $2.2 billion |
| GCM Grosvenor (US) | $2.4 billion | N/A |
| Jupiter Fund Management (UK) | $2.1 billion | $1.6 billion |
| Platinum Asset Management (Australia) | $1.8 billion | $1.3 billion |
| Anima Holding (Italy) | $1.7 billion | $1.4 billion |
| Victory Capital Holdings (US) | $1.7 billion | $1.1 billion |
| Virtus Investment Partners (US) | $1.6 billion | $1.1 billion |
| Pendal Group (Australia) | $1.6 billion | $1.3 billion |
| Waddell & Reed Financial (US) | $1.6 billion | N/A |
| BrightSphere Investment Group (US) | $1.5 billion | $1.0 billion |
| Perpetual Ltd (Australia) | $1.5 billion | $1.1 billion |
| Impax Asset Management Group (UK) | $1.2 billion | N/A |
| Liontrust Asset Management (UK) | $1.1 billion | N/A |
| Coronation Fund Managers (South Africa) | $1.0 billion | N/A |
| Pinnacle Investment Management Group (Australia) | $1.0 billion | N/A |
Notes: Publicly traded asset managers with at least US$1 billion in market capitalization as of Dec. 31, 2020 are included in this chart, 50 in total. Currency conversion as of 1/1/21. Currency conversion for 9/30/20 market cap data is as of Sept. 30, 2020.
Sources: Bloomberg, Piper Sandler, company websites, CL-Media Relations LLC.