TRIVIA

How large is the global asset management market, measured as assets under management?

a) US$42 billion

b) US$61 billion

c) US$103 billion

ANSWER:

c) US$103 billion (millions of millions).

The industry crossed the US$100 billion barrier in 2020, closing the year with US$103 billion, a growth of 11% over 2019, according to a report by Boston Consulting Group. Of this total, 41% corresponded to individual investor portfolios and 59% to institutional investors. Latin America represents a small part of this pie, with only US$1.8 billion, and a growth of 9% in 2020. Brazil accounts for 61% of the Latin American asset management market.