Here is a list of the top 50 largest asset managers in the world ranked by total assets under management. Based in New York City, BlackRock Inc (NYSE: BLK) is the world's largest asset manager with $6.5 trillion in total AUM as of April 2019. The firm serves individual investors, companies, governments, and foundations through over 70 offices worldwide including North and South America, Europe, the Middle East, Africa and Asia. BlackRock is independent publicly traded company with a market capitalization of US$68 billion (May 20, 2019). Located in Malvern, Pennsylvania, Vanguard Group is the second largest money manager in the world with 5.2 trillion in global AUM. The company is a privately owned investment manager with 20 locations worldwide and 17,000 employees. It offers a wide range of low-cost mutual funds, ETFs, advice, and other services. Vanguard is also the second-largest provider of exchange-traded funds and the largest provider of mutual funds globally. Four of the top 5 world's largest asset managers are U.S. investment companies.

Rank Company Country Total AUM (US$b, 01/30/2019)
1 BlackRock US 5,980
2 Vanguard Group US 5,200
3 UBS Group * Switzerland 3,306
4 State Street Global Advisors US 2,511
5 Fidelity Investments US 2,448
6 Allianz Group Germany 2,243
7 J.P. Morgan Asset Management US 2,077
8 Bank of New York Mellon US 1,700
9 Amundi France 1,630
10 AXA Group France 1,773
11 PIMCO US 1,660
12 Capital Group US 1,870
13 Credit Suisse Switzerland 1,427
14 Prudential Financial US 1,377
15 Legal & General Invest. Management UK 1,379
16 Goldman Sachs Group US 1,375
17 BNP Paribas France 1,295
18 Northern Trust US 1,166
19 Bank of America US 1,100
20 Wellington Management Company US 1,050
21 T. Rowe Price US 1,040
22 Natixis Investment Managers ** France 1,008
23 Aegon Group Netherlands 1,006
24 TIAA *** US 999.0
25 Invesco Ltd US 972.8
26 Nuveen **** US 967.0
27 HSBC Holdings UK 948.0
28 Prudential plc UK 938.7
29 Deutsche AM ***** Germany 875.9
30 Insight Investment UK 837.1
31 Affiliated Managers Group US 831.0
32 Standard Life Aberdeen UK 807.8
33 Morgan Stanley US 778.0
34 MassMutual US 771.0
35 Sun Life Financial Canada 759.4

Amundi is a division of Credit Agricole.
PIMCO is an autonomous subsidiary of Allianz Group.
* Including CHF 2,302 billion in Global Wealth Management and CHF 792 billion in Asset Management.
** It was formerly known as Natixis Global Asset Management.
*** Based on AUM across Nuveen, TIAA-CREF Trust, Kaspick and Covariance.
**** Nuveen is the global asset management arm of TIAA.
***** Deutsche Asset Management is a division of Deutsche Bank.