Largest asset managers shed $18trn AUM in 'first significant drop' since Global Financial Crisis

First large drop since financial crisis

Assets under management among the world’s largest investment firms has dropped 13.7% in 2022, following a series of market corrections throughout the year in both equities and bonds, according to new research from the Thinking Ahead Institute.

The world's 500 largest asset managers' total assets in 2022 amounted to $113.7trn, compared to $131.7trn in the previous year. This drop was the first significant fall in assets managed since the Global Financial Crisis in 2008. North American asset managers saw a 14.2% decrease, while European based managers suffered an above-average 16.8% decrease. Less than 4% of funds deliver consistent top quartile returns over three years Japanese managers fared better than average, with a 5.5% decrease in assets. The research also revealed an increase in investment in passively manage...