Pensions & Investments profiled more than 670 investment management firms for this annual report of the largest money managers of institutional assets.
After three years of separate reports on U.S. and global institutional money management, this year we are putting the two sides back into one report to provide our readers with a single, comprehensive resource for money manager data and analyses.
The data and stories in this issue, P&I's 40th money manager special report, were derived from an online survey.
All money management firms are allowed to provide information for the survey; the only qualification for inclusion in the database is that the firm must manage assets for U.S. institutional tax-exempt clients such as qualified pension plans, endowments or foundations, and answer the minimum required questions.
This report contains detailed information on the worldwide assets of the qualified respondents, including asset mix, sovereign wealth fund or central bank client assets, subadvisory assets and a regional breakout of the firms' clients.
Within the U.S. institutional tax-exempt arena, we further break the assets into asset classes and, then, into investment approaches.
All qualified firms are considered for the charts and tables that are published, but only the largest 50 firms — ranked by worldwide institutional assets — are profiled in print.
Full profiles of all ranked money managers and complete listings by asset class and investment strategy can be found at Pensions & Investments' Research Center at www.pionline.com/researchcenter.
The online rankings are interactive and are searchable by asset class, investment strategy, region and clients.
Research Center access is free to plan executives. Money managers, consultants and other service providers have access through subscriptions.
P&I contacted more than 1,000 banks, trust companies, insurance companies and independent investment management firms in North America and abroad. The data contained in the stories, profiles, charts and tables in this issue and in P&I's Research Center were developed by P&I staff from the firms' answers to the detailed, online questionnaire and through follow-up e-mails and phone calls.
All information, except where noted, is as of Dec. 31.
A special report focusing on managers of defined contribution assets will be published Aug. 5. More information on real estate managers will appear in the Oct. 28 issue. A ranking of the largest managers in the world will be published Nov. 11 in the P&I/Towers Watson World 500.
All data in this special report are &Copy;2013 Crain Communications Inc. Reproduction without permission is prohibited.
