The largest fund managers manage almost US$ 30 trillion in assets and are among the most powerful shareholders in major companies.
Apple and Microsoft are rival companies competing in the same market to be number one in consumers’ lives. However, for large investment funds, this competition between major players is of little importance. Vanguard, for example, owns 7.8% of Apple and 8.4% of Microsoft.
As a result, Vanguard is currently the largest investor in these two companies. In Apple, its stake is worth US$ 175 billion and in Microsoft, US$ 150 billion. It is worth noting that the manager also has equivalent stakes in Amazon, Alphabet (Google), Tesla and ExxonMobil, the main US oil company. All in all, Vanguard manages $8.1 trillion in various assets, such as shares, government bonds from various countries and venture capital.
Which is the largest manager in the world?
Although Vanguard is the largest investor in the world’s largest company (by value), Apple, it is not the largest investment manager. That title goes to BlackRock, which invests in many of the world’s largest companies.
BlackRock ended up leading this ranking because it has US$10 trillion in assets under management. Among these, the company holds 6.33% in Vale (VALE3), which makes BlackRock the third largest relevant shareholder in the Brazilian mining company. The manager’s stake in Brazil also extends to other companies such as Natura (NTCO3) and Assaí (ASAI3).
US$ 30 trillion in assets
Here are the top 5 investment fund companies in the world, which are the biggest investors in the biggest companies on Earth.
- BlackRock with US$ 10 trillion in assets
- Vanguard Group with US$ 8.10 trillion in assets
- Fidelity with $4.20 trillion in assets
- States Street Corp with $4.02 trillion in assets
- Morgan Stanley with $3.32 trillion in assets
What is an investment fund manager?
For those who don’t know, a fund management company is nothing more than a company made up of various market professionals whose main objective is to make their clients’ investments pay off. Therefore, the fund manager is responsible for distributing the value placed by investors in investments, pensions and pension funds.
It is therefore important to know that fund managers are made up of the money of tens of millions of clients. Therefore, the great benefit of investing with investment managers is to make better use of your time and let knowledgeable people take care of your money.
Therefore, the main role of an investment manager is to analyze the best opportunities available on the market and then choose the best investment for their clients.