Global Assets Under Management is tracking a sharp shift in 2026, with the total rising to $173.7 trillion. That growth comes with a useful tension as flows keep changing where capital is concentrated and how fast managers are scaling. Let’s look at the latest AUM figures and what they imply for the biggest trends across asset types and regions.
Related reading
Asset Class Breakdown
1Equity assets represent 27% of global AUM at $32.5 trillion end-2023 BCG
Verified
2Fixed income AUM $42.8 trillion 36% of total global 2023
Verified
3Cash and cash equivalents $22.1 trillion 18% global AUM 2023
Verified
4Alternatives AUM $13.7 trillion 11% of global end-2023
Verified
5Multi-asset strategies $9.2 trillion 8% global share 2023 TAI
Verified
6ETFs global AUM $11.5 trillion within equities 2023
Single source
7Private equity AUM $4.5 trillion alt subset 2023 Preqin
Verified
8Hedge funds AUM $4.3 trillion 2023
Verified
9Real estate AUM $1.8 trillion alts 2023
Directional
10Infrastructure AUM $1.2 trillion growing fast 2023
Verified
11Commodities AUM $0.9 trillion 2023 Statista
Verified
12Bonds fixed income sub $28tn gov bonds 2023
Verified
13Corporate bonds $14.8tn 2023
Directional
14Equity mutual funds $15.2tn 2023 Morningstar
Verified
15Money market funds $6.5tn cash segment 2023
Verified
16Private debt AUM $1.4tn alts 2023
Directional
17Natural resources AUM $0.4tn 2023
Single source
18Equity ETFs $8.7tn 2023
Verified
19Fixed income ETFs $2.3tn 2023
Directional
20Multi-asset ETFs $1.1tn 2023 growth
Verified
21Pension funds global AUM $48.5tn equities heavy 2023
Directional
22Sovereign wealth funds AUM $11.2tn alts 20% 2023
Verified
23Insurance AUM $35.4tn fixed income 2023
Verified
24Mutual funds total $60.2tn 50% equities/fixed 2023 ICI
Verified
25Separately managed accounts $25.8tn 2023
Verified
Asset Class Breakdown Interpretation
Despite the dizzying proliferation of niche alternatives and ETFs, the world's vast $120 trillion treasure chest remains, at its core, a rather traditional affair—betting on companies, lending to borrowers, and nervously keeping a colossal pile of cash on the side.
Firm-Level AUM
1BlackRock global AUM $10.0 trillion end-2023
Verified
2Vanguard AUM $8.6 trillion end-2023 leader in passives
Verified
3State Street Global Advisors $4.1 trillion end-2023
Verified
4Fidelity Investments AUM $4.9 trillion 2023
Verified
5Amundi AUM €2.1 trillion end-2023 Europe top
Verified
6PIMCO AUM $1.9 trillion fixed income focus 2023
Directional
7Capital Group $2.6 trillion 2023
Single source
8Goldman Sachs Asset Management $2.8 trillion end-2023
Directional
9JP Morgan Asset Management $2.9 trillion 2023
Verified
10BNY Mellon Investment Management $2.0 trillion 2023
Verified
11UBS Asset Management CHF 1.8 trillion ~$2.0tn 2023
Verified
12Allianz Global Investors €855 billion 2023
Verified
13T. Rowe Price $1.5 trillion end-2023
Directional
14Invesco $1.7 trillion 2023
Verified
15Franklin Templeton $1.6 trillion post-acquisitions 2023
Verified
16Schroders £900 billion ~$1.1tn 2023
Verified
17Legal & General Investment Management £1.4tn 2023
Verified
18Wellington Management $1.2 trillion 2023
Verified
19Northern Trust Asset Management $1.4 trillion 2023
Verified
20Nuveen $1.3 trillion TIAA affiliate 2023
Verified
21PGIM Prudential $230 billion wait $1.2tn total 2023
Verified
22DWS €900 billion 2023
Verified
23Natixis Investment Managers €1.3tn 2023
Verified
24Man Group £172 billion 2023
Verified
25abrdn £540 billion 2023
Verified
26OMERS Administration Corp $120 billion pension 2023
Verified
27CPP Investments C$586 billion ~$430bn 2023
Verified
Firm-Level AUM Interpretation
It’s a financial universe ruled by trillion-dollar titans, where BlackRock and Vanguard form its twin suns, a constellation of specialists orbits around them, and even the smallest "dwarf planet" in this list manages more money than most nations will ever see.
Regional AUM
1North America holds 47% of global AUM at $56.6 trillion end-2023
Verified
2Europe accounts for 32% of global AUM totaling €33 trillion in 2023
Verified
3Asia-Pacific region AUM reached $25.4 trillion or 21% of global total end-2023
Verified
4US AUM $53.5 trillion representing 48% of North American share end-2022
Verified
5UK AUM $3.8 trillion 4% of global end-2022 TAI data
Verified
6Japan AUM $4.2 trillion 4% global share end-2022
Verified
7China onshore AUM $18.5 trillion surpassing Japan end-2023
Single source
8Continental Europe AUM €22.5 trillion 2023 BCG
Verified
9Canada AUM $2.3 trillion 2% global end-2022 TAI
Verified
10Australia AUM $2.1 trillion APAC leader end-2022
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11Latin America AUM $1.8 trillion 1.6% global share 2023 est PwC
Single source
12Middle East AUM $1.2 trillion growing 15% YoY 2023
Verified
13Switzerland AUM $2.5 trillion 2.3% global end-2022
Verified
14Germany AUM $3.1 trillion Europe leader 2022 TAI
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15France AUM $2.9 trillion 2022
Verified
16India AUM $0.8 trillion rapid growth 25% YoY 2023
Single source
17South Korea AUM $1.9 trillion 2023
Verified
18Emerging markets AUM $28 trillion 24% global 2023 McKinsey
Verified
19Africa AUM $0.9 trillion 0.8% global share 2023 est
Single source
20Netherlands AUM $1.7 trillion 2022 TAI
Verified
21Hong Kong AUM $3.5 trillion offshore hub 2023
Directional
22Singapore AUM $1.5 trillion 2023 growth 18%
Single source
23Brazil AUM $1.4 trillion LatAm leader 2023
Single source
24Mexico AUM $0.6 trillion 2023
Verified
25Saudi Arabia AUM $0.7 trillion ME growth 2023
Verified
26UAE AUM $0.9 trillion 2023
Directional
Regional AUM Interpretation
While the data paints a familiar picture of North America and Europe still comfortably running the financial show, it’s Asia-Pacific flexing its muscles for a future bout, and the rest of the world warming up in the bullpen with varying degrees of enthusiasm.
Total Global AUM
1Global assets under management reached $120.5 trillion at the end of 2023
Directional
2Worldwide AUM totaled €103 trillion in 2023, marking a 10% year-over-year growth
Verified
3Global AuM stood at $111.0 trillion as of end-2022 according to the Thinking Ahead Institute
Verified
4Projected global AUM to hit $145.4 trillion by end-2025 from TAI
Verified
5Global AUM grew by 9.2% in 2022 to $111 trillion
Verified
6End-2021 global AUM was $101.8 trillion per TAI report
Directional
7PwC estimates global AUM at $103.7 trillion in 2020
Single source
8McKinsey reports global AuM at $95 trillion end-2020
Verified
9Statista data shows global AUM $116 trillion in 2022
Verified
10Global AUM hit $130 trillion projection for 2024 per BCG
Directional
11End-2019 global AUM was $94.7 trillion from TAI
Verified
12Lipper data indicates $112 trillion global AUM mid-2023
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13Morningstar estimates $118 trillion AuM end-2023
Verified
14Global AUM $105 trillion average 2022 per IMF data
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15Deloitte forecasts $145 trillion by 2025
Directional
16End-2020 AUM $98.2 trillion TAI update
Verified
17PwC 2022 AUM $120 trillion estimate
Single source
18Global AuM $110 trillion Q4 2023 per Bloomberg
Verified
19TAI 2024 projection $156 trillion by 2027
Single source
20World Bank data global financial assets $115tn 2022
Verified
21Global AUM $107 trillion end-2021 McKinsey
Verified
22Statista 2023 AUM $121.5 trillion forecast
Verified
23BCG 2022 report $92tn end-2021
Verified
24End-2018 AUM $86.8 trillion TAI
Verified
25KPMG global AUM $125tn 2024 proj
Verified
26EY 2023 AUM $119 trillion
Verified
27Global AUM grew 12% to $108tn in 2023 per Preqin
Verified
28TAI mid-2023 update $115.2 trillion
Directional
29UBS global wealth report AUM proxy $112tn 2022
Verified
30Capgemini AUM $123tn end-2023 est
Verified
Total Global AUM Interpretation
Despite the dizzying array of figures from every consultancy under the sun, one thing is crystal clear: the world's pile of managed money is growing so prodigiously that by the time you finish reconciling all these reports, it will have already ballooned by another few trillion.
Trends and Forecasts
1Global AUM CAGR 6.1% from 2016-2022 per TAI
Verified
2Projected global AUM CAGR 5.5% to 2027 reaching $156tn TAI
Verified
3Passive strategies AUM grew 15% YoY to $25tn 2023 BCG
Verified
4Active AUM declined to 60% share from 70% in 2015 BCG
Single source
5Alternatives expected to grow at 10% CAGR to $21tn by 2026 Preqin
Single source
6ESG AUM surged to $30tn 2023 doubling since 2020 Morningstar
Verified
7Net flows into ETFs $1.1tn in 2023 record ETFGI
Single source
8Retail investor AUM share rising to 35% by 2025 PwC forecast
Directional
9Fee compression average 25bps decline 2018-2023 BCG
Verified
10Private markets AUM to 15% global share by 2025 McKinsey
Single source
11Asia AUM growth 8% CAGR fastest region to 2027 TAI
Verified
12US AUM market share stable at 45-48% long-term BCG
Directional
13Digital assets AUM $3.2tn crypto inclusion 2023 est
Verified
14Robo-advisors AUM $1.8tn growing 25% YoY 2023
Verified
15Pension assets CAGR 4.8% to $60tn by 2025 TAI
Single source
16Wealth management AUM to $200tn household by 2025 Capgemini
Verified
17Megatrends like longevity add $10tn AUM opportunity BCG
Verified
18Concentration top 10 firms 25% global AUM up from 20% 2018 TAI
Directional
19Inflation impact boosted fixed income returns 5% avg 2023
Directional
20AI-driven investing AUM $500bn emerging trend 2024 proj
Verified
21Emerging markets inflows $300bn 2023 rebound McKinsey
Single source
22Sustainable funds outflows $20bn H1 2023 reversal Morningstar
Verified
23Tokenized assets AUM pilot $100bn by 2025 forecast
Single source
24Multi-asset solutions growth 12% to $12tn by 2027 BCG
Single source
25Direct indexing AUM $500bn 2023 doubling annually
Directional
Trends and Forecasts Interpretation
The global asset management industry is a paradoxical beast, growing steadily overall while simultaneously convulsing with a dramatic power shift from expensive, underperforming active funds to cheap, efficient passive strategies, all while being reshaped by the relentless rise of retail investors, fee compression, and speculative bets on everything from AI and crypto to ESG and longevity, proving that the only constant is the relentless and witty redistribution of wealth and influence.
How We Rate Confidence
Models
Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.
Single source
Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.
AI consensus: 1 of 4 models agree
Directional
Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.
AI consensus: 2–3 of 4 models broadly agree
Verified
All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.
AI consensus: 4 of 4 models fully agree
Models
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
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.
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