Global assets under management reached 120.5 trillion dollars at the end of 2023. Fixed income holdings make up the largest share at 36 percent while North America controls 47 percent of the worldwide total. The figures also show equity assets at 27 percent and a continued rise in passive strategies.
Key Takeaways
- Equity assets represent 27% of global AUM at $32.5 trillion end-2023 BCG
- BlackRock global AUM $10.0 trillion end-2023
- North America holds 47% of global AUM at $56.6 trillion end-2023
- Global assets under management reached $120.5 trillion at the end of 2023
- Global AUM CAGR 6.1% from 2016-2022 per TAI
Global assets under management reached a new high, reflecting strong continued investor confidence and market growth.
Related reading
01 · Category
Asset Class Breakdown25 stats
01
Equity assets represent 27% of global AUM at $32.5 trillion end-2023 BCG
02
Fixed income AUM $42.8 trillion 36% of total global 2023
03
Cash and cash equivalents $22.1 trillion 18% global AUM 2023
04
Alternatives AUM $13.7 trillion 11% of global end-2023
05
Multi-asset strategies $9.2 trillion 8% global share 2023 TAI
06
ETFs global AUM $11.5 trillion within equities 2023
07
Private equity AUM $4.5 trillion alt subset 2023 Preqin
08
Hedge funds AUM $4.3 trillion 2023
09
Real estate AUM $1.8 trillion alts 2023
10
Infrastructure AUM $1.2 trillion growing fast 2023
11
Commodities AUM $0.9 trillion 2023 Statista
12
Bonds fixed income sub $28tn gov bonds 2023
13
Corporate bonds $14.8tn 2023
14
Equity mutual funds $15.2tn 2023 Morningstar
15
Money market funds $6.5tn cash segment 2023
16
Private debt AUM $1.4tn alts 2023
17
Natural resources AUM $0.4tn 2023
18
Equity ETFs $8.7tn 2023
19
Fixed income ETFs $2.3tn 2023
20
Multi-asset ETFs $1.1tn 2023 growth
21
Pension funds global AUM $48.5tn equities heavy 2023
22
Sovereign wealth funds AUM $11.2tn alts 20% 2023
23
Insurance AUM $35.4tn fixed income 2023
24
Mutual funds total $60.2tn 50% equities/fixed 2023 ICI
25
Separately managed accounts $25.8tn 2023
Interpretation
Asset Class Breakdown Interpretation
In the global asset class breakdown, fixed income leads with $42.8 trillion or 36% of AUM in 2023, outpacing equities at $32.5 trillion (27%) and underscoring how the largest share of managed assets remains concentrated in bonds.
02 · Category
Firm Level Aum27 stats
01
BlackRock global AUM $10.0 trillion end-2023
02
Vanguard AUM $8.6 trillion end-2023 leader in passives
03
State Street Global Advisors $4.1 trillion end-2023
04
Fidelity Investments AUM $4.9 trillion 2023
05
Amundi AUM €2.1 trillion end-2023 Europe top
06
PIMCO AUM $1.9 trillion fixed income focus 2023
07
Capital Group $2.6 trillion 2023
08
Goldman Sachs Asset Management $2.8 trillion end-2023
09
JP Morgan Asset Management $2.9 trillion 2023
10
BNY Mellon Investment Management $2.0 trillion 2023
11
UBS Asset Management CHF 1.8 trillion ~$2.0tn 2023
12
Allianz Global Investors €855 billion 2023
13
T. Rowe Price $1.5 trillion end-2023
14
Invesco $1.7 trillion 2023
15
Franklin Templeton $1.6 trillion post-acquisitions 2023
16
Schroders £900 billion ~$1.1tn 2023
17
Legal & General Investment Management £1.4tn 2023
18
Wellington Management $1.2 trillion 2023
19
Northern Trust Asset Management $1.4 trillion 2023
20
Nuveen $1.3 trillion TIAA affiliate 2023
21
PGIM Prudential $230 billion wait $1.2tn total 2023
22
DWS €900 billion 2023
23
Natixis Investment Managers €1.3tn 2023
24
Man Group £172 billion 2023
25
abrdn £540 billion 2023
26
OMERS Administration Corp $120 billion pension 2023
27
CPP Investments C$586 billion ~$430bn 2023
Interpretation
Firm Level Aum Interpretation
At the firm level, the scale is heavily concentrated with BlackRock leading at $10.0 trillion global AUM in 2023, far ahead of Vanguard at $8.6 trillion and the next tier ranging around $4.1 to $4.9 trillion, underscoring how a few global managers dominate Firm Level AUM.
03 · Category
Regional Aum26 stats
01
North America holds 47% of global AUM at $56.6 trillion end-2023
02
Europe accounts for 32% of global AUM totaling €33 trillion in 2023
03
Asia-Pacific region AUM reached $25.4 trillion or 21% of global total end-2023
04
US AUM $53.5 trillion representing 48% of North American share end-2022
05
UK AUM $3.8 trillion 4% of global end-2022 TAI data
06
Japan AUM $4.2 trillion 4% global share end-2022
07
China onshore AUM $18.5 trillion surpassing Japan end-2023
08
Continental Europe AUM €22.5 trillion 2023 BCG
09
Canada AUM $2.3 trillion 2% global end-2022 TAI
10
Australia AUM $2.1 trillion APAC leader end-2022
11
Latin America AUM $1.8 trillion 1.6% global share 2023 est PwC
12
Middle East AUM $1.2 trillion growing 15% YoY 2023
13
Switzerland AUM $2.5 trillion 2.3% global end-2022
14
Germany AUM $3.1 trillion Europe leader 2022 TAI
15
France AUM $2.9 trillion 2022
16
India AUM $0.8 trillion rapid growth 25% YoY 2023
17
South Korea AUM $1.9 trillion 2023
18
Emerging markets AUM $28 trillion 24% global 2023 McKinsey
19
Africa AUM $0.9 trillion 0.8% global share 2023 est
20
Netherlands AUM $1.7 trillion 2022 TAI
21
Hong Kong AUM $3.5 trillion offshore hub 2023
22
Singapore AUM $1.5 trillion 2023 growth 18%
23
Brazil AUM $1.4 trillion LatAm leader 2023
24
Mexico AUM $0.6 trillion 2023
25
Saudi Arabia AUM $0.7 trillion ME growth 2023
26
UAE AUM $0.9 trillion 2023
Interpretation
Regional Aum Interpretation
In the Regional AUM picture, North America dominates with 47% of global assets at $56.6 trillion end-2023, while Europe trails at 32% with €33 trillion and Asia-Pacific adds a further 21% at $25.4 trillion, showing a clear concentration of managed wealth in a small set of regions.
More related reading
04 · Category
Total Global Aum30 stats
01
Global assets under management reached $120.5 trillion at the end of 2023
02
Worldwide AUM totaled €103 trillion in 2023, marking a 10% year-over-year growth
03
Global AuM stood at $111.0 trillion as of end-2022 according to the Thinking Ahead Institute
04
Projected global AUM to hit $145.4 trillion by end-2025 from TAI
05
Global AUM grew by 9.2% in 2022 to $111 trillion
06
End-2021 global AUM was $101.8 trillion per TAI report
07
PwC estimates global AUM at $103.7 trillion in 2020
08
McKinsey reports global AuM at $95 trillion end-2020
09
Statista data shows global AUM $116 trillion in 2022
10
Global AUM hit $130 trillion projection for 2024 per BCG
11
End-2019 global AUM was $94.7 trillion from TAI
12
Lipper data indicates $112 trillion global AUM mid-2023
13
Morningstar estimates $118 trillion AuM end-2023
14
Global AUM $105 trillion average 2022 per IMF data
15
Deloitte forecasts $145 trillion by 2025
16
End-2020 AUM $98.2 trillion TAI update
17
PwC 2022 AUM $120 trillion estimate
18
Global AuM $110 trillion Q4 2023 per Bloomberg
19
TAI 2024 projection $156 trillion by 2027
20
World Bank data global financial assets $115tn 2022
21
Global AUM $107 trillion end-2021 McKinsey
22
Statista 2023 AUM $121.5 trillion forecast
23
BCG 2022 report $92tn end-2021
24
End-2018 AUM $86.8 trillion TAI
25
KPMG global AUM $125tn 2024 proj
26
EY 2023 AUM $119 trillion
27
Global AUM grew 12% to $108tn in 2023 per Preqin
28
TAI mid-2023 update $115.2 trillion
29
UBS global wealth report AUM proxy $112tn 2022
30
Capgemini AUM $123tn end-2023 est
Interpretation
Total Global Aum Interpretation
For the Total Global Aum category, assets climbed from $101.8 trillion at end-2021 to $111.0 trillion end-2022 and then surged to $120.5 trillion by end-2023, reflecting steady double-digit growth that supports TAI’s projection of $145.4 trillion by end-2025.
05 · Category
Trends And Forecasts25 stats
01
Global AUM CAGR 6.1% from 2016-2022 per TAI
02
Projected global AUM CAGR 5.5% to 2027 reaching $156tn TAI
03
Passive strategies AUM grew 15% YoY to $25tn 2023 BCG
04
Active AUM declined to 60% share from 70% in 2015 BCG
05
Alternatives expected to grow at 10% CAGR to $21tn by 2026 Preqin
06
ESG AUM surged to $30tn 2023 doubling since 2020 Morningstar
07
Net flows into ETFs $1.1tn in 2023 record ETFGI
08
Retail investor AUM share rising to 35% by 2025 PwC forecast
09
Fee compression average 25bps decline 2018-2023 BCG
10
Private markets AUM to 15% global share by 2025 McKinsey
11
Asia AUM growth 8% CAGR fastest region to 2027 TAI
12
US AUM market share stable at 45-48% long-term BCG
13
Digital assets AUM $3.2tn crypto inclusion 2023 est
14
Robo-advisors AUM $1.8tn growing 25% YoY 2023
15
Pension assets CAGR 4.8% to $60tn by 2025 TAI
16
Wealth management AUM to $200tn household by 2025 Capgemini
17
Megatrends like longevity add $10tn AUM opportunity BCG
18
Concentration top 10 firms 25% global AUM up from 20% 2018 TAI
19
Inflation impact boosted fixed income returns 5% avg 2023
20
AI-driven investing AUM $500bn emerging trend 2024 proj
21
Emerging markets inflows $300bn 2023 rebound McKinsey
22
Sustainable funds outflows $20bn H1 2023 reversal Morningstar
23
Tokenized assets AUM pilot $100bn by 2025 forecast
24
Multi-asset solutions growth 12% to $12tn by 2027 BCG
25
Direct indexing AUM $500bn 2023 doubling annually
Interpretation
Trends And Forecasts Interpretation
Across Trends and Forecasts, global AUM is projected to grow at about a 5.5% CAGR to roughly $156tn by 2027, while passive strategies already account for $25tn in 2023 with a 15% YoY rise and ESG assets hit $30tn in 2023, doubling since 2020.
report visual · Projection
Global AUM is rising—from $111T to $120T (and beyond)
Global assets under management continues to expand year over year and is projected to reach $145T+ by the mid-2020s.
111 AUM (trillions USD)
Start
+9.42%
CAGR · 3y
145 AUM (trillions USD)
Projected
20222025
Reference
Cite This Report
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APA
Henrik Dahl. (2026, February 13). Global Assets Under Management Statistics. Gitnux. https://gitnux.org/global-assets-under-management-statistics
MLA
Henrik Dahl. "Global Assets Under Management Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/global-assets-under-management-statistics.
Chicago
Henrik Dahl. 2026. "Global Assets Under Management Statistics." Gitnux. https://gitnux.org/global-assets-under-management-statistics.
Sources & references
51 datasets cited across this report · attribution is report-level