Asset Management Firms
The investment management involves the professional management of various assets and financial securities in order to earn the maximum benefit from the investment. The corporations, insurance companies and the pension funds are mainly the investors in the asset management firms. The private investors also go for investing both by direct investment or collective investments like mutual funds. When the investment management of collective investments is concerned, often the term asset management is used. Fund management is another term that defines both the investment management for private investors and all sorts of institutional investment. Over the years investment management has become a large and important global industry in its own accord and is responsible for handling of trillions of dollars, pounds, Euro and yen. Many of the largest companies of the world are now taking part in the investment management industry and have started to employ millions of staff and creating billions in revenue in investment management.Investment Manager
The investment managers are the people who are responsible to take up the best investment strategy for the maximum gain out of an investment from the current financial market. The investment managers specialize in advisory or discretionary management for their private investors. The services of investment managers are also termed as the wealth management or portfolio management with the reference of private-banking. The prime job of the investment managers is the financial analysis, stock selection, asset selection and ongoing monitoring investments on any fund.The size of the global fund management industry has increased enormously over last couple of years. In 2006 the assets of the global fund management industry has reached a record toll of $55.0 trillion, which is a 10% hike from the previous year and 54% on 2002. Over last three years the growth is in its toes due to the strong performance of the equity markets and the increase in the capital inflows.
Ten leading asset management firms of the world enlisted by the Global Investor's list published in 2005 are:
| Company | Country |
|---|---|
| UK |
|
| USA | |
| USA | |
| USA | |
| USA | |
| USA | |
| Germany | |
| USA | |
| USA | |
| Germany |
Source: Global Investor Award 2006
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