TRIVIA

How large is the global asset management market, measured in terms of assets under management? 

a) US$42 trillion

b) US$61 trillion

c) US$103 trillion

ANSWER:

c) US$103 trillion (million million).

The industry surpassed the US$100 trillion mark in 2020, ending the year at US$103 trillion—an 11% increase from 2019—according to a report by the Boston Consulting Group. Of this total, 41% came from individual investors’ portfolios and 59% from institutional investors. Latin America accounts for a small share of this pie, with just US$1.8 trillion and 9% growth in 2020. Brazil accounts for 61% of the Latin American asset management market.