Companies

Here's a list of the top 10 largest asset management companies we will do business with:

1. BlackRock

AUM: $6.84 trillion
BlackRock is not just the world’s largest asset manager, but one of the world’s largest financial institutions. The company was founded in 1988 and went public in 1999. The firm has been influential in advancing the growth of exchange-traded funds (ETFs), through its iShares products. iShares now comprise more than a quarter of BlackRock’s assets under management.

2. The Vanguard Group

AUM: $6.2 trillion
Vanguard has become synonymous with the strategy of passive investing, in which money is placed in mutual funds designed to mirror the activity of specific indexes or the broader stock market. Vanguard boasts of low expense ratios for most of its funds. In addition to asset management, Vanguard offers brokerage services, financial planning, annuities, and other services.

3. UBS Group

AUM: $3.26 trillion
UBS Group has four interdependent divisions that operate around the world. The Switzerland-based firm describes itself as the “only true global wealth manager.” About $2.3 trillion is tied up in wealth management versus $903 billion in asset management.

4. State Street Global Advisors

AUM: $3.12 trillion
Boston-based State Street is the subsidiary of State Street Corporation. It manages investments for a wide range of institutional clients including non-profits, local governments, associations, and even educational groups.

5. Fidelity

AUM: $3.2 trillion
Fidelity is an asset manager and a discount broker with more than 27 million customers. It offers an online platform for individual investors to buy and sell securities, and also manages entire portfolios on behalf of clients. In the summer of 2018, it made headlines when it began offering mutual funds with a zero expense ratio and minimum investment requirement.6

6. Allianz

AUM: $2.36 trillion
This German firm is primarily an insurer but operates two asset management divisions: Allianz Global Advisors and PIMCO. By itself, PIMCO has $1.76 trillion under management, which is good enough to also land it on this list.78

7. JPMorgan Chase

AUM: $1.9 trillion
Most people think of J.P. Morgan Chase as an investment bank, but it has a robust asset management business and got $1.3 billion in assets moved from BlackRock as part of a new custody arrangement in 2017.9

8. Bank of New York Mellon

AUM: $1.9 trillion
The history of this company dates back to its founder, Alexander Hamilton—perhaps you’ve heard of him. More than 230 years later, BNY Mellon manages investments for individuals and investments in 35 countries.10

9. Capital Group

AUM: $1.8 trillion
This Los Angeles-based firm was founded all the way back in 1931, making it one of the oldest in the world. It offers more than 40 mutual funds through American Funds Distributors, which is its subsidiary.11

10. PIMCO

AUM: $1.76 trillion
As mentioned earlier, PIMCO is managed under the same company as Allianz. Although it was acquired by a German company, it is headquartered in California, and it continues to operate as an autonomous subsidiary of Allianz.

Here's a list of the top 10 banks we will do business with: 

1. Industrial and Commercial Bank of China

Established in 1984, the Industrial and Commercial Bank of China has quickly grown to become the largest bank in the world based on assets. Its current asset tally is a whopping 3.47 trillion. ICBC focuses most of their efforts in industry (the name kind of gives it away). They offer the majority of their loans in manufacturing, transportation, power and retail. This bank shows no signs of slowing down either. It reported a 3.3% rise in profit for the 3rd quarter of 2017.

Headquartered in Beijing, China
Employs 460,000

2. China Construction Bank Corporation

The second-largest bank in China also happens to be the second-largest in the world. The China Construction Bank Corporation currently holds $3.02 trillion in assets. One of the older banks in China, CCB was founded in 1954. In 2005, Bank of America wanted to expand its business into China. So it purchased a 9% stake in CCB. That didn’t work out so well, however. And BOA needed to sell most of its stake in 2009 during the US financial crisis. In 2013, Bank of America sold its remaining position in CCB and has focused its Asian operations in Hong Kong.

Headquartered in Beijing, China
Employs 330,000

3. Agricultural Bank of China

If you’re sensing a trend here, you’re not alone. Yet another Chinese bank, the Agricultural Bank of China ranks third largest in the world with $2.82 trillion in assets. Known as Ag Bank and founded in 1951, the Agricultural Bank of China has branch locations in Seoul, Singapore, Sydney, London, New York and many other of the world’s largest cities. Fun fact: In 2007, Ag Bank was victim of the largest Chinese bank robbery ever. Thieves stole $7.5 million.

Headquartered in Beijing, China
Employs 444,000

4. Mitsubishi UFJ Financial Group (Mitsubishi)

With $2.63 trillion in assets, Mitsubishi is Japan’s largest bank holding/financial services group. Part of the Mitsubishi Corporation, the company provides a wide variety of financial and investment services including commercial banking, trust banking, international finance, and assets management services. With all of the accolades MUFG has garnered, it’s surprising to learn they were only founded in 2005.

Headquartered in Tokyo, Japan
Employs 106,000

5. Bank of China

Yet another Asian bank rounds out the top five. Bank of China controls $2.61 trillion in assets and was founded in 1912. While this bank is no longer 100% government-owned, the largest shareholder of the Bank of China is still the investment arm of the People’s Republic of China. The Bank of China is the second-largest lender in the country. It currently has two locations in the state of New York.

Headquartered in Beijing China
Employs 310,000

6. J.P. Morgan Chase

One of the two so-called “too big to fail” banks, along with Bank of America, J.P. Morgan Chase is the sixth-largest bank in the world with $2.50 trillion in assets. The company provides products and services to its clients in 100 countries, It offers asset management, investment banking, private banking, treasury and securities services, and commercial banking. J.P. Morgan Chase is traded on the NYSE under the ticker symbol JPM. Of all the banks on our list, Chase is the second newest, having only been founded in 2000.

Headquartered in New York City, New York
Employs 245,000

7. HSBC Holdings PLC

HSBC Bank has more than 460 bank branches throughout the United States, with the majority (380) in New York State. This one comes in at number seven on our list of the biggest banks with $2.37 trillion in assets. HSBC offers its 4 million customers access to global markets through its personal financial services, private banking, retail banking, commercial banking, and global banking and market segments. HSBC was initially founded in British Hong Kong in 1865.

Headquartered in London, UK
Employs 235,000

8. BNP Paribas

This French bank comes in at number eight with $2.19 trillion in assets. BNP is one of the largest global banking networks in the world with operations in 75 countries. BNP has four domestic retail banking markets located in France, Italy, Belgium and Luxembourg. In April 2009, as a result of BNP’s 75% purchase of Fortis Bank, the Belgian bank is now the largest Eurozone deposit holder. BNP Paribas was founded all the way back in 1848. Its core profitability comes from retail banking. More than three-quarters of its revenue comes from everyday client accounts.

Headquartered in Paris, France
Employs 190,000

9. Bank of America (BAC)

BAC is the largest bank holding company in the United States, by assets, with $2.19 trillion. The company serves clients all over the world and has a relationship with 99% of the U.S. Fortune 500 companies. In 2008, BAC acquired Merrill Lynch, making it the world’s largest wealth manager. It is listed on the New York Stock Exchange (NYSE) and is part of the S&P 500 Index and the Dow Jones Industrial Average.

Headquartered in Charlotte, North Carolina
Employs 208,000

10. Wells Fargo

Sneaking into the top 10, Wells Fargo has labored through the last few years with a few scandals they’d like to forget. Still, the bank currently holds $1.93 trillion in assets and is one of the United States’ largest retail banks. Founded all the way back in 1852, Wells Fargo has close to 9,000 retail locations scattered across the United States. 

Headquartered in San Francisco, California
Employs 270,000

11. Rothschilds Family Banking

We will work as closely as we can with the Rothschilds banking system, as they have interests in several banks and investment firms in London, Paris and other parts of the world.

Starting In 2022

We will work with the UN World Bank and IMF, plus sovereign funds/private wealth funds, to help developing countries with aid and research to advance their economy and combat poverty and disease around the world. We operate in 180 countries today and have the largest mega funding infrastructure to achieve these goals.

Top 100 Largest Sovereign Wealth Fund Rankings by Total Assets

Sl. No.Sovereign Wealth Fund ProfileRegion
1SWFI CertifiedNorway Government Pension Fund GlobalEurope
2China Investment CorporationAsia
3Abu Dhabi Investment AuthorityMiddle East
4Hong Kong Monetary Authority Investment PortfolioAsia
5Kuwait Investment AuthorityMiddle East
6GIC Private LimitedAsia
7Public Investment FundMiddle East
8SWFI CertifiedTemasek HoldingsAsia
9National Council for Social Security FundAsia
10Investment Corporation of DubaiMiddle East
11SWFI Not CertifiedQatar Investment AuthorityMiddle East
12SWFI Not CertifiedTurkey Wealth FundMiddle East
13Mubadala Investment CompanyMiddle East
14National Welfare FundEurope
15Korea Investment CorporationAsia
16SWFI CertifiedFuture FundAustralia and Pacific
17SWFI Not CertifiedAlberta Investment Management CorporationNorth America
18Alaska Permanent Fund CorporationNorth America
19Libyan Investment AuthorityAfrica
20SWFI Not CertifiedBrunei Investment AgencyAsia
21Samruk-KazynaAsia
22Kazakhstan National FundAsia
23Texas Permanent School FundNorth America
24University of Texas Investment Management CompanyNorth America
25Emirates Investment AuthorityMiddle East
26SWFI CertifiedState Oil Fund of AzerbaijanAsia
27CNIC Corporation LimitedAsia
28SWFI CertifiedNew Zealand Superannuation FundAustralia and Pacific
29SWFI Not CertifiedKhazanah NasionalAsia
30Hong Kong Future FundAsia
31SWFI CertifiedNew Mexico State Investment CouncilNorth America
32Nuclear Waste Disposal FundEurope
33Oesterreichische Beteiligungs AGEurope
34Fund for Reconstruction and Development of UzbekistanAsia
35National Development Fund of IranMiddle East
36SWFI CertifiedMumtalakat HoldingMiddle East
37Timor-Leste Petroleum FundAustralia and Pacific
38Oman Investment AuthorityMiddle East
39Ireland Strategic Investment FundEurope
40Russian Direct Investment FundEurope
41Sovereign Fund of EgyptMiddle East
42Social and Economic Stabilization FundLatin America
43Chile Pension Reserve FundLatin America
44SolidiumEurope
45Mexico Budgetary Income Stabilization FundLatin America
46North Dakota Legacy FundNorth America
47Permanent Wyoming Mineral Trust FundNorth America
48NSW Generations FundAustralia and Pacific
49Sociedad Estatal de Participaciones IndustrialesEurope
50Heritage and Stabilization FundNorth America
51Peru Fiscal Stabilization FundLatin America
52SWFI Not CertifiedPula FundAfrica
53Regional Investment Company of WalloniaEurope
54SWFI Not CertifiedFundo Soberano de AngolaAfrica
55Colombia Savings and Stabilization FundLatin America
56Alabama Trust FundNorth America
57SFPI-FPIMEurope
58Nigeria Sovereign Investment AuthorityAfrica
59Utah SITFONorth America
60State Capital Investment CorporationAsia
61Idaho Endowment Fund Investment BoardNorth America
62Taiwan National Stabilization FundAsia
63Hellenic Corporation of Assets and Participations S.A.Europe
64Fondo de Ahorro de PanamaLatin America
65Sentosa Development CorporationAsia
66Louisiana Education Quality Trust FundNorth America
67Oklahoma Tobacco Settlement Endowment TrustNorth America
68Colorado Public School Fund Investment BoardNorth America
69Fondo Mexicano del PetroleoLatin America
70Indonesia Investment AuthorityAsia
71Western Australian Future FundAustralia and Pacific
72Strategic Investment Fund of GabonAfrica
73Palestine Investment FundMiddle East
74Senegal FONSISAfrica
75Sharjah Asset ManagementMiddle East
76National Development and Social Fund (Malta)Europe
77SWFI Not CertifiedKiribati Revenue Equalization Reserve FundAustralia and Pacific
78Ghana Heritage FundAfrica
79Ghana Stabilisation FundAfrica
80Fund for Productive Industrial RevolutionLatin America
81Native Hawaiian Trust FundNorth America
82Ghana Infrastructure Investment FundAfrica
83Mongolia Future Heritage FundAsia
84Luxembourg Intergenerational Sovereign FundEurope
85SWFI Not CertifiedGuyana Natural Resource FundLatin America
86Agaciro Development FundAfrica
87Little Red River Cree Nation Sovereign Wealth FundNorth America
88Equatorial Guinea Fund for Future GenerationsAfrica
89National Fund for Hydrocarbon ReservesAfrica
90Sovereign Fund of the Gabonese RepublicAfrica
91Tuvalu Trust FundAustralia and Pacific
92Cape Verde Sovereign Wealth FundAfrica
93Petroleum Investment Fund UgandaAfrica
94Sovereign Fund of DjiboutiAfrica
95National Investment CorporationAsia
96Sovereign Wealth Fund of ZimbabweAfrica
97Intergenerational Trust Fund for the People of the Republic of NauruAustralia and Pacific
98Mongolia Fiscal Stability FundAsia
99Iran Oil Stabilization FundMiddle East
100Ontario First Nations Sovereign WealthNorth America