On May 9, we commemorate Europe Day, an opportunity to celebrate and reaffirm the unity of the countries that make up the European Union, currently composed of 27 members.
Therefore, we thought it appropriate to dedicate this day to see which are the largest asset management companies in the Old Continent: below we present the ranking of the top 10 positions based on their Assets Under Management (AUM).
Ranking of the 10 largest management companies in Europe according to their AUM (2024)
According to data from ADV Ratings, these are the 10 management companies with the highest AUM in 2024:
| Position | Asset Manager | Country | AUM |
|---|---|---|---|
| 1 | UBS Group | Switzerland | 3,960 billion euros |
| 2 | Credit Agricole | France | 2,660 billion euros |
| 3 | Allianz Group | Germany | 2,364 billion euros |
| 4 | Amundi | France | 2,103 billion euros |
| 5 | Deutsche Bank | Germany | 1,492 billion euros |
| 6 | Legal & General (LGIM) | UK | 1,477 billion euros |
| 7 | Credit Suisse | Switzerland | 1,368 billion euros |
| 8 | BNP Paribas | France | 1,319 billion euros |
| 9 | Natixis Investment Managers | France | 1,208 billion euros |
| 10 | HSBC Holdings | UK | 1,099 billion euros |
The last European Asset Manager with more than 1,000 billion euros in AUM is AXA Group, from France, who holds the 11th place and manages 1,014 billion euros.
To find the first Italian asset management company in the ranking, it is necessary to go down to the 13th position occupied by the Generali Group, with 686.6 billion euros.
No asset manager from the Netherlands is in the top 10 either, however, Aegon N.V holds the 12th position with 812,9 billion euros of AUM and APG Group is on the 14th place, managing 578,6 billions.
