Worlds 25 Largest Independent Asset Managers in 2019

World’s 25 Largest Independent Asset Managers in 2019 By Assets Under Management Firm AUM 12 -31 -18 Ownership Black. Rock $5, 976 B Publicly traded Federated Investors $460 B Publicly traded Vanguard $4, 900 B Owned by Vanguard funds Eaton Vance $423 B Publicly traded Fidelity $2, 400 B Privately held Geode Capital $388 B Privately held Capital Group $1, 600 B Privately held Fidelity International $379 B Privately held Wellington Management $1, 000 B Privately held Brookfield Asset $350 B Publicly traded Janus Henderson Group $329 B Publicly traded SEI Investments $307 B Publicly traded Neuberger Berman $304 B Privately held Dodge & Cox $286 B Privately held T. Rowe Price Group $962 B Publicly traded Invesco $888 B Publicly traded Affiliated Managers Group $736 B Publicly traded Legg Mason $727 B Publicly traded Franklin Resources $650 B Publicly traded Dimensional Fund $517 B Privately held Advisors Schroders $479 B Publicly traded Blackstone Group $472 B Publicly traded Note: currency conversions as of March 23, 2019 Sources: CL-Media Relations, company websites, SEC filings. Management Apollo Global Management $280 B Publicly traded Russell Investments $261 B Privately held Baillie Gifford $228 B Privately held