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.
Full data profiles of all ranked money managers and listings by asset class and investment strategies can be found in P&I's Research Center.
Energy and master limited partnership assets continue their five-year slide, data show.
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.
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.
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.
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.
A heady brew of returns and fundraising success boosted alts managers' assets, but only three sectors saw double-digit growth in 2017.
Vanguard could surpass BlackRock by 2022 should compound growth rates of the past eight years continue.
Passively managed strategies continue to outpace active strategies domestically, but for international investments it's a different story.
Defined contribution money managers' AUM rose 17.4% in 2017 to a record $7.09 trillion in assets under management.