These Whales are taking all the Ape money - aka Large Fund Mgmt Companies

A fund management company, also known as an asset management company or investment management company, is a financial institution or company that specializes in managing investment funds on behalf of clients.

The primary role of a fund management company is to pool money from various investors and use that capital to invest in a diversified portfolio of assets, such as stocks, bonds, real estate, commodities, or other securities.

The fund management company typically offers a range of investment products, such as mutual funds, exchange-traded funds (ETFs), pension funds, hedge funds, or private equity funds.

These investment products cater to different types of investors and investment objectives.

The responsibilities of a fund management company include:

1. Investment Strategy: Developing and implementing investment strategies that align with the fund's objectives and risk tolerance.

2. Portfolio Management: Selecting and managing a diversified portfolio of assets, including buying and selling securities, rebalancing holdings, and monitoring performance.

3. Research and Analysis: Conducting thorough research and analysis of potential investment opportunities to make informed investment decisions.

4. Risk Management: Assessing and managing risks associated with the investment portfolio, employing risk mitigation strategies, and ensuring regulatory compliance.

5. Client Services: Providing support and services to clients, including account management, reporting, and addressing client inquiries.

6. Performance Reporting: Regularly reporting the fund's performance, including returns, expenses, and other relevant metrics, to the investors.

Fund management companies earn revenue by charging management fees based on a percentage of the assets under management (AUM) or through performance-based fees, depending on the investment product and the specific terms outlined in the fund's prospectus or agreements.

It's important to note that fund management companies are subject to regulatory oversight and are required to adhere to specific rules and regulations to protect investor interests and ensure transparency and accountability in their operations.

Top 20 fund management companies in the USA and Canada, ranked in decreasing order of their assets under management (AUM)

1. BlackRock:

   • Total AUM: Approximately $9.5 trillion

2. Vanguard Group:

   • Total AUM: Approximately $8.2 trillion

3. State Street Global Advisors (SSGA):

   • Total AUM: Approximately $3.6 trillion

4. Fidelity Investments:

   • Total AUM: Approximately $3.3 trillion

5. JPMorgan Chase & Co:

   • Total AUM: Approximately $3.2 trillion

6. Capital Group:

   • Total AUM: Approximately $2.6 trillion

7. T. Rowe Price:

   • Total AUM: Approximately $1.6 trillion

8. Goldman Sachs Asset Management:

   • Total AUM: Approximately $1.5 trillion

9. Wellington Management:

   • Total AUM: Approximately $1.4 trillion

10. Invesco Ltd.:

    • Total AUM: Approximately $1.4 trillion

11. Northern Trust Asset Management:

    • Total AUM: Approximately $1.4 trillion

12. The Vanguard Group Canada:

    • Total AUM: Approximately $1.2 trillion

13. PIMCO (Pacific Investment Management Company):

    • Total AUM: Approximately $1.2 trillion

14. Charles Schwab Investment Management:

    • Total AUM: Approximately $1.1 trillion

15. Dimensional Fund Advisors:

    • Total AUM: Approximately $691 billion

16. TIAA-CREF (Teachers Insurance and Annuity Association of America - College Retirement Equities Fund):

    • Total AUM: Approximately $603 billion

17. Franklin Templeton Investments:

    • Total AUM: Approximately $577 billion

18. Morgan Stanley Investment Management:

    • Total AUM: Approximately $546 billion

19. BNY Mellon Investment Management:

    • Total AUM: Approximately $544 billion

20. Nuveen (TIAA subsidiary):

    • Total AUM: Approximately $540 billion