WEB Top 500 Managers Hit Record AuM High of US$119.5 Trillion
Steady Growth Despite Economic Challenges
The world's top 500 asset managers saw their total assets under management (AuM) reach a record high of US$119.5 trillion at the end of 2020, according to a recent report by Willis Towers Watson.
Strong Performance Across Asset Classes
The growth was driven by strong performance across all major asset classes, including equities, fixed income, and real estate. Equities accounted for the largest share of AuM, with a total of US$54.5 trillion, followed by fixed income at US$42.2 trillion and real estate at US$12.8 trillion.
Conclusion
The record-high AuM of the WEB top 500 managers is a reflection of the continued confidence investors have in the asset management industry. Despite the economic challenges posed by the COVID-19 pandemic, these managers have demonstrated their ability to navigate difficult markets and deliver strong returns for their clients.
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