Top 10 Asset Management Companies in The World 2024 | Largest Asset Management Firms.
The top 10 asset management companies / Firms have assets under management (AUM) by them, which has an approximate worth of $35.58 Trillion. This number is bigger than any country’s GDP in the world. The number one country in the GDP’s list is the USA, which has an approximate GDP of $29 Trillion. These top AUM companies have the most assets under their management worldwide.
Understanding of Asset Management Companies
Asset Management Companies which are also known as “AMCs” are organizations that manage investment with an aim of generating returns for investors. These companies provide a range of financial products like mutual funds plans. The main purpose of an AMC is to help investors to gain their financial objectives. In these asset management companies investors can invest in Mutual Fund (MF) scheme units which are managed by experienced investment teams employed by the AMC. Some investors use the AMC’s personalized website or other approved channels to buy mutual fund schemes directly while the others use the services of certified financial consultants. Read More on Newzzy. Read More About Exciting Halloween Stories. A Breaking Bad Moment Meth Lab Bust Story. Top 10 AI Countries who are adapting AI.
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Rehan S.
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Nice article on asset management.