Pensions & Investments' annual special report on its survey of the largest money managers will be published Monday. The data show a year of strong growth across the money management industry, but belies a new reality in 2022 of falling markets, rising inflation and an increased specter of the unknown.
The latest annual survey of the largest money managers found worldwide institutional assets overseen by roughly 450 managers around the globe rising 6.3% last year to $59.38 trillion, and 50.5% over the five years through Dec. 31.
U.S. institutional tax-exempt assets managed internally, meanwhile, jumped 11.2% for the year to $20.06 trillion, lifting the gain for the past five years to 46%.
For 2021, before the tailwinds supporting managers abruptly shifted to headwinds, the rankings of the biggest managers by total worldwide assets held steady, with the top five reporting gains in assets under management of between 14% and 20%.
The full report will go live on Monday at pionline.com/largest-money-managers/2022.