December 22, 2008, 3:50 PM ET
| Top managers assigning assets to others | |||
| Ranked by U.S. institutional, tax-exempt assets assigned to other firms, in millions, as of Dec. 31, 2007. | |||
| Rank | Prev. rank* | Manager | Assets |
|---|---|---|---|
| 1 | 2 | General Motors Asset Mgmt. | $139,061 |
| 2 | 3 | Vanguard Group | $109,998 |
| 3 | 1 | SEI Investments | $64,000 |
| 4 | 4 | Prudential Financial | $59,674 |
| 5 | Russell Investments | $52,600 | |
| 6 | 6 | Commonfund | $43,082 |
| 7 | 7 | Fidelity Investments | $42,290 |
| 8 | Diversified Investment | $38,900 | |
| 9 | 8 | ING | $38,205 |
| 10 | 9 | Northern Trust Global | $36,826 |
| 11 | 10 | MassMutual Financial | $36,374 |
| 12 | 11 | AIG Investments | $28,171 |
| 13 | 13 | Hartford Financial | $25,071 |
| 14 | 12 | American Beacon Advisors | $16,235 |
| 15 | 15 | Nationwide Financial | $15,580 |
| 16 | 18 | Harbor Capital Advisors | $15,190 |
| 17 | 20 | Dwight Asset Mgmt. | $14,600 |
| 18 | 17 | GE Asset Mgmt. | $13,034 |
| 19 | 19 | ICMA Retirement | $12,706 |
| 20 | 16 | Goldman Sachs Group | $10,803 |
| 21 | Blackstone Alternative | $10,700 | |
| 22 | 21 | Strategic Investment Group | $10,659 |
| 23 | 23 | Putnam Investments | $9,243 |
| 24 | 24 | Fiduciary Asset Mgmt. | $9,219 |
| 25 | 22 | Amalgamated Bank | $9,012 |
| 26 | 25 | Adams Street Partners | $8,723 |
| 27 | 35 | Wilshire Funds Mgmt. | $8,438 |
| 28 | Morgan Stanley | $8,324 | |
| 29 | 26 | Hirtle, Callaghan | $8,100 |
| 30 | ICM Asset Mgmt. | $7,500 | |
| 31 | Pacific Alternative Asset | $7,357 | |
| 32 | 31 | Waddell & Reed | $6,838 |
| 33 | 27 | Progress Investment | $6,465 |
| 34 | 30 | Mesirow Financial | $5,748 |
| 35 | 28 | UBS Fiduciary Trust | $5,723 |
| 36 | Union Bancaire Privee | $5,650 | |
| 37 | Deutsche Asset Mgmt. | $5,559 | |
| 38 | American United Life | $5,539 | |
| 39 | 36 | Aetos Capital | $5,530 |
| 40 | TIAA-CREF | $5,249 | |
| 41 | 29 | State Street Global | $5,022 |
| 42 | Rock Creek Group | $5,000 | |
| 43 | 34 | Delaware Investments | $4,570 |
| 44 | 33 | Christian Brothers | $4,209 |
| 45 | 37 | MetLife | $3,700 |
| 46 | 38 | Independence Capital | $3,174 |
| 47 | Harris Alternatives | $3,100 | |
| 48 | 46 | Cornerstone Partners | $3,050 |
| 49 | 39 | Sierra Investment | $2,944 |
| 50 | Crestline Investors | $2,918 | |
| 51 | EnTrust Capital | $2,798 | |
| 52 | Attalus Capital | $2,522 | |
| 53 | 41 | AmalgaTrust | $2,425 |
| 54 | Private Advisors | $2,090 | |
| 55 | 42 | Aston Asset Mgmt. | $1,997 |
| 56 | 49 | Galliard Capital | $1,923 |
| 57 | 43 | MFS Investment | $1,784 |
| 58 | Evanston Capital | $1,683 | |
| 59 | 50 | FIS Group | $1,672 |
| 60 | Lighthouse Partners | $1,520 | |
| 61 | 40 | Calvert Asset Mgmt. | $1,476 |
| 62 | 47 | Dearborn Partners | $1,474 |
| 63 | BNY Mellon Asset Mgmt. | $1,311 | |
| 64 | 48 | Trust Fund Advisors | $1,252 |
| 65 | 52 | Meridian Capital Partners | $1,192 |
| * Previous rank from the 2007 P&I Databook, Dec. 24, 2007, non-adjusted for retroactive corrections. | |||
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