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January 23, 2015 12:00 AM

The largest Asian managers, by year

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    Ranked by total worldwide assets under management, in U.S. millions. Overall rank indicates firm's position among all managers worldwide.
    As of Dec. 31, 2013
    RankOverall rankManagerCountryAssets
    131Mitsubishi UFJ Financial GroupJapan$635,020
    233Sumitomo Mitsui Trust & BankJapan$609,720
    335Nippon Life InsuranceJapan$600,461
    440ZenkyorenJapan$479,200
    545Samsung GroupSouth Korea$416,060
    652Macquarie GroupAustralia$330,617
    755Meiji Yasuda Life InsuranceJapan$306,287
    857Nomura Asset Mgmt.Japan$301,467
    961Shinkin Central BankJapan$284,886
    1075Mizuho Financial GroupJapan$227,525
    1180Sumitomo Life InsuranceJapan$222,300
    1290Commonwealth Bank GroupAustralia$187,352
    1393Resona BankJapan$185,559
    14104Nikko Asset Mgmt.Japan$161,000
    15116Dai-ichi Life InsuranceJapan$133,000
    16119NAB/MLCAustralia$128,743
    17123AMP CapitalAustralia$124,411
    18132ORIXJapan$115,995
    19160Westpac BankingAustralia$82,782
    20171Pacific Century GroupHong Kong$73,500
    21176Sumitomo Mitsui Asset Mgmt.Japan$70,218
    22180QICAustralia$67,232
    23193China Asset Mgmt.China$58,660
    24195Fukoku Mutual Life InsuranceJapan$58,523
    25199Tokio Marine HoldingsJapan$55,860
    26202Harvest Fund Mgmt.China$54,523
    27217Daiwa Securities GroupJapan$49,033
    28229IFM InvestorsAustralia$44,323
    29240NKSJ HoldingsJapan$39,932
    30241ChallengerAustralia$39,914
    31251China Southern Fund Mgmt.China$37,144
    32258Mirae Asset Financial GroupSouth Korea$34,963
    33269Bosera Asset Mgmt.China$32,313
    34276Reliance CapitalIndia$30,322
    35295Korea Investment HoldingsSouth Korea$27,247
    36296Antares CapitalAustralia$27,062
    37313E Fund Mgmt.China$24,534
    38330PerpetualAustralia$22,448
    39340Platinum Investment Mgmt.Australia$20,572
    40349Magellan Asset Mgmt.Australia$18,961
    41358HDFC Asset Mgmt.India$17,602
    42362T&D Asset Mgmt.Japan$17,072
    43363Perennial InvestmentAustralia$16,954
    44369Fullgoal FundChina$16,580
    45371Hanwha GroupSouth Korea$16,428
    46379Vinva Investment Mgmt.Australia$14,772
    47387Lend Lease Investment Mgmt.Australia$14,019
    48389Birla Sun Life Asset Mgmt.India$13,727
    49390GPT GroupAustralia$13,487
    50405UTI Asset Mgmt.India$12,008
    51424Value PartnersHong Kong$10,489
    52425State Bank of IndiaIndia$10,427
    53438BOCI-PrudentialHong Kong$9,654
    54443Charter HallAustralia$9,441
    55445Ausbil Investment Mgmt.Australia$9,026
    56446JCP Investment PartnersAustralia$9,018
    57451Kyobo Life InsuranceSouth Korea$8,698
    58462Maple-Brown Abbott InvestmentAustralia$8,233
    59468HFA HoldingsAustralia$8,085
    60472Rongtong Fund Mgmt.China$7,753
    61475InvestaAustralia$7,631
    62477Paradice Investment Mgmt.Australia$7,542
    63478Cooper InvestorsAustralia$7,529
    64479Lion Fund Mgmt.China$7,524
    65483Hastings Funds Mgmt.Australia$7,400
    66485DongbuSouth Korea$7,260
    67495RARE InfrastructureAustralia$7,070
    68500SPARX GroupJapan$6,831
    Asia total $6,721,929
    % of worldwide total8.80%
    As of Dec. 31, 2008

    RankOverall rankManagerCountryAssets
    124Nippon Life Insurance Japan$552,214
    234ZenkyorenJapan$397,530
    335Mitsubishi UFJ FinancialJapan$392,383
    447Dai-ichi Mutual LifeJapan$296,954
    551Samsung GroupS. Korea$288,306
    655Shinkin Central BankJapan$275,173
    757Mizuho Financial GroupJapan$268,839
    859Sumitomo Trust & Banking Japan$259,093
    962Meiji Yasuda Life InsuranceJapan$256,899
    1067Chuo Mitsui Trust Japan$231,566
    1168Nomura HoldingsJapan$219,075
    1270Sumitomo Life InsuranceJapan$205,988
    1373Life Insurance of IndiaIndia$189,677
    1485Resona Trust & Banking Japan$164,677
    1594T&D HoldingsJapan$137,563
    1696Daiwa Securities GroupJapan$135,292
    17122Colonial First State GlobalAustralia$89,013
    18123Toko Marine & Nichido FireJapan$88,921
    19126Macquarie Bank Group Australia$85,093
    20128Mitsui Sumitomo InsuranceJapan$84,565
    21134Mitsui Life InsuranceJapan$74,401
    22135AMP Australia$72,478
    23136Nikko Asset Mgmt. Japan$72,332
    24148Asahi Mutual Life InsuranceJapan$63,049
    25152National Australia BankAustralia$57,779
    26155Fukoku Mutual Life InsuranceJapan$54,633
    27156Korea Investment Holdings S. Korea$53,865
    28163Sompo Japan InsuranceJapan$50,353
    29167Cathay Life InsuranceTaiwan$49,030
    30172Queensland Investment Australia$46,665
    31173Mirae Asset Financial GroupS. Korea$46,136
    32181Hanwha GroupS. Korea$42,845
    33216China Asset Mgmt.China$30,807
    34230Harvest Fund Mgmt.China$28,439
    35237WestpacAustralia$26,505
    36255Bosera Fund Mgmt.China$23,641
    37260Suncorp MetwayAustralia$23,244
    38274Kyobo Life InsuranceS. Korea$20,898
    39278Reliance Capital India$19,672
    40294PerpetualAustralia$16,765
    41303E Fund Mgmt. China$15,611
    42332China Southern FundChina$13,060
    43345Challenger FinancialAustralia$11,588
    44364Da Cheng Fund Mgmt. China$10,320
    45370Hua An Fund Mgmt. China$10,140
    46373Perennial Investment Australia$9,983
    47376KDB AMC S. Korea$9,841
    48377Platinum Asset Mgmt. Australia$9,840
    49380GF Fund Mgmt. China$9,770
    50384HDFC Asset Mgmt. India$9,403
    51396UTI Asset Mgmt. India$8,556
    52402SPARX GroupJapan$8,355
    53412KTB AMC S. Korea$7,704
    54414China Galaxy Asset Mgmt. China$7,630
    55416China Universal Asset Mgmt. China$7,530
    56420Maple-Brown AbbottAustralia$7,404
    57422China Merchants Fund Mgmt. China$7,339
    58424Insurance Australia GroupAustralia$7,309
    59425Yinhua Fund Mgmt.China$7,295
    60427CJ Asset Mgmt. S. Korea$7,027
    61442Lend LeaseAustralia$6,489
    62471State Bank of IndiaIndia$5,028
    63487Balanced Equity Mgmt. Australia$4,688
    64488Guotai Fund Mgmt. China$4,620
    Asia total$5,698,888
    % of worldwide total10.68%
    As of Dec. 31, 2003

    RankOverall rankManagerCountryAssets
    18KampoJapan$877,049
    230NipponJapan$355,383
    338ZenkyorenJapan$331,329
    449Mitsubishi Trust & BankingJapan$238,500
    550Dai-ichi Mutual Life InsuranceJapan$234,598
    651Norinchukin Bank GroupJapan$233,771
    753Sumitomo Trust & BankingJapan$228,670
    863Mitsui Trust HoldingsJapan$180,281
    964Sumitomo Life InsuranceJapan$177,327
    1071Mizuho Trust & BankingJapan$160,222
    1183Nomura Asset Mgmt.Japan$136,945
    1285Meiji Life InsuranceJapan$130,566
    1388Resona HoldingsJapan$126,186
    14100AMPAustralia$107,584
    15103UFJ Trust BankJapan$104,164
    16123Yasuda Mutual Life InsuranceJapan$75,993
    17125Commonwealth Bank AustraliaAustralia$74,913
    18136Mitsui Mutual Life InsuranceJapan$62,174
    19137Samsung Life InsuranceKorea$61,101
    20140Daiwa Asset Mgmt.Japan$58,017
    21141Nikko Asset Mgmt.Japan$57,096
    22144Lend LeaseAustralia$54,678
    23147Taiyo Mutual Life InsuranceJapan$53,006
    24149Asahi Mutual Life InsuranceJapan$52,755
    25150Tokio Marine & FireJapan$51,690
    26153National Australia BankAustralia$49,436
    27156Daido Life InsuranceJapan$49,141
    28163DLIBJ Asset Mgmt.Japan$46,917
    29166Mitsui Sumitomo InsuranceJapan$45,684
    30167Macquarie Bank GroupAustralia$44,148
    31168Nissay Asset Mgmt.Japan$43,465
    32170Cathay Life InsuranceTaiwan$42,799
    33173Life Insurance of IndiaIndia$42,060
    34182Fukoku Mutual Life InsuranceJapan$38,632
    35195Sompo Japan InsuranceJapan$34,854
    36204WestpacAustralia$31,457
    37205Sumitomo Mitsui Asset Mgmt.Japan$31,434
    38215Hanwha GroupKorea$28,462
    39226Kyobo LifeKorea$24,953
    40230Queensland InvestmentAustralia$23,781
    41231Daiwa SB InvestmentsJapan$23,676
    42232Nipponkoa InsuranceJapan$23,663
    43255Daehan Investment TrustKorea$20,465
    44260T&D Asset ManagementJapan$19,042
    45270Korea Investment TrustKorea$17,259
    46284Dai-ichi Kangyo Asset Mgmt.Japan$15,421
    47301ANZ InvestmentsAustralia$13,637
    48304Perpetual Investment Mgmt.Australia$13,573
    49308Nichido Fire & MarineJapan$13,206
    50314Maple-Brown AbbottAustralia$12,900
    51317Tokyo-Mitsubishi Asset Mgmt.Japan$12,720
    52324Tokio Marine Asset Mgmt.Japan$11,871
    53328UFJ Asset Mgmt.Japan$11,546
    54335Unit Trust of IndiaIndia$11,135
    55345Sompo Japan Asset Mgmt.Japan$10,574
    56359Fuji Investment Mgmt.Japan$9,525
    57365Insurance Australia GroupAustralia$9,063
    58374Nissay Dowa General InsuranceJapan$8,658
    59386Asahi Life Asset Mgmt.Japan$7,793
    60390Suncorp MetwayAustralia$7,672
    61401Challenger FinancialAustralia$7,139
    62470Perennial InvestmentAustralia$4,674
        Asia total$5,086,433
    % of worldwide total11.74%
    Source: The P&I/Towers Watson World 500

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