Money managers are heading back to the office but with much more flexibility than they’ve had in the past.
Fixed-income managers face diminishing returns, rising rates and inflation fears in 2021 following a very strong 2020.
This issue marks the 48th year has profiled the largest managers of U.S. institutional tax-exempt assets.
The global institutional AUM of nearly 500 money managers grew 10.8% over the year despite the economic upheaval sparked by the pandemic.
ETF assets under management have soared in recent years to $6.6 trillion as of Dec. 31.
Alternative managers agree few scenarios anticipated at the dawn of the pandemic came to pass, and trends accelerated in unexpected ways.
Amid big gains by big defined contribution managers, other players find ways to grow in influence and in AUM.
Executives at Edinburgh-based Baillie Gifford recognized the need to have an on-the-ground presence in certain markets — namely, China.
Baillie Gifford's 54% growth in AUM last year is largely attributable to some long-standing technology stock bets.
Most managers aren't rushing to decide what the future of work will look like when offices will reopen after shelter-in-place orders end.
DC money managers enjoyed the tailwind of surging markets in 2019, but future gains will depend more on innovation and execution.
Some 505 investment management firms responded to an online questionnaire for this annual special report. Here is how P&I crunched the data.
Money management execs are focused on preserving investment management team culture in the midst of industry changes.
Money managers' low-volatility equity assets topped $138 billion at the end of the year.
There is more for money managers and investors to do to protect against unproven or misleading claims about ESG investing, experts say.
Institutional AUM at the largest money managers grew 14.4% for the year ended Dec. 31, but the trajectory has changed for most this year.
Energy and master limited partnership assets continue their five-year slide, data show.
Defined contribution money managers' AUM rose 17.4% in 2017 to a record $7.09 trillion in assets under management.
Passively managed strategies continue to outpace active strategies domestically, but for international investments it's a different story.
BlackRock and Vanguard still rule institutional AUM, while four more managers joined the trillion-dollar club.
Exchange-traded product gains in 2017 were fueled by the overall push into passive investing.
Vanguard could surpass BlackRock by 2022 should compound growth rates of the past eight years continue.
A heady brew of returns and fundraising success boosted alts managers' assets, but only three sectors saw double-digit growth in 2017.