Global assets under management

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Global asset allocation or Global assets under management consists of pension funds, insurance companies and mutual funds. Other funds under management include private wealth and alternative assets such as hedge funds and private equity. Institutional clients generate the majority of funds.

Assets of the global fund management industry increased 15% in 2006 and nearly doubled from 2002, to reach a record $61.9 trillion [1]. Growth in recent years has largely been due to rising net flow of investment and strong performance of equity markets. Part of the reason for the increase, in dollar terms, has also been the decline in the value of the dollar against a number of currencies.

Global assets under management.

Rank Fund type billions USD Figures as of — Private wealth $ 37,200 1 [1] [2] 2006 1 Pension funds $ 25,967 [3] [4] 2006 2 Mutual funds $ 21,765 [5] 2006 3 Insurance companies $ 17,392 [6] 2006 4 Real estate $ 10,000 [7] [8] 2006 5 Foreign exchange reserves $ 7,341 [9] February 2008 6 Sovereign wealth funds $ 3,300 [10] 2007 7 Hedge funds $ 1,535 [11][12] 2006 8 Private equity funds $ 1,160 [13] 2007 9 REITs $ 764 [14] 2007

• Note 1: Around one third of private wealth is incorporated in conventional investment management (Pension funds, Mutual funds and Insurance assets).

[edit] References

[edit] Source

• IMF - Global asset allocation
• International Financial Services - Fund management
• Morgan Stanely - World's $165 trillion worth of traded securities
• http://www.sovereigninvest.org The Sovereign Investment Council, a trade group for sovereign investors and financial firms that serve sovereign investment funds.