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Top 100 firms ranked by worldwide retail and high-net-worth assets

Rank Manager 2002 2001
1 Fidelity Investments 334,564 368,374
2 Vanguard Group 331,128 339,317
3 Deutsche Asset Mgmt 306,592 237,481
4 Capital Research and Management 274,667 270,483
5 Merrill Lynch 226,427 262,655
6 Citigroup Asset Mgmt 218,300 249,762
7 JPMorgan Fleming 210,833 229,876
8 Morgan Stanley Inv Management 202,925 239,280
9 UBS Global Asset Management 201,693 207,402
10 Franklin Templeton 183,265 185,019
11 American Express 179,967 180,509
12 Wellington Mgmt 178,683 197,811
13 Alliance Capital 175,584 209,035
14 MetLife 165,000 147,075
15 Putnam Investments 153,785 195,603
16 MassMutual Financial 151,368 119,297
17 Charles Schwab Investment Management 139,389 142,790
18 Prudential Financial 123,583 145,877
19 Banc of America Cap Management 117,482 N/A
20 Evergreen Investments 104,414 96,178
21 U.S. Bancorp Asset Management 100,554 106,451
22 Pioneer Investment 98,208 86,862
23 Nomura Asset Mgmt 95,251 106,508
24 Goldman Sachs 89,498 79,691
25 Columbia Mgmt Group 87,987 N/A
26 Northern Trust Global 87,651 112,914
27 Scottish Widows 87,500 86,516
28 Credit Suisse Asset Management 84,524 92,026
29 ING U.S. Financial 77,392 72,691
30 HSBC Asset Mgmt 77,065 35,716
31 Barclays Global 75,000 53,600
32 AIM Advisors 66,910 93,332
33 U.S. Trust 65,611 59,494
34 BNP Paribas Asset Mgmt 64,014 75,662
35 Banc One Investment Management 63,753 63,742
36 MFS Investment Mgmt 63,732 92,047
37 T. Rowe Price 63,470 61,735
38 Wells Capital Mgmt 63,000 68,000
39 Pacific Investment Mgmt 59,937 37,403
40 Dreyfus 58,538 69,280
41 Lombard Odier Darier 56,874 37,321
42 INVESCO 53,973 74,909
43 Nationwide Financial 53,056 54,500
44 John Hancock Financial 47,703 42,450
45 Legg Mason 47,326 46,393
46 Janus Capital Group 45,717 53,867
47 Eaton Vance Mgmt 44,581 46,647
48 Lord Abbett 43,282 37,837
49 Henderson Global Investors 43,000 46,014
50 Neuberger Berman 39,705 41,197
51 American Century 33,174 42,169
52 Schroder Investment 27,400 28,295
53 Nordea Investment 26,051 N/A
54 SEI Investments 24,900 24,900
55 Strong Capital 24,278 31,298
56 Davis Advisors 23,688 30,411
57 Frank Russell Co. 23,000 21,500
58 BNY Asset Mgmt 21,940 24,776
59 N.Y. Life Inv Mgmt 21,893 24,475
60 Brandes Investment 21,544 26,644
61 Lazard Asset Mgmt 211,69 19,397
62 Travelers Insurance 20,818 20,167
63 Victory Capital 20,675 24,028
64 AIG Global Investment 19,670 41,582
65 F&C Management 19,441 20,021
66 Harris Associates 19,436 17,219
67 Delaware Investments 19,310 20,746
68 Gartmore Group 18,643 19,595
69 John Hancock Advisers 18,446 21,811
70 Fifth Third Bancorp 17,650 20,188
71 State Street Global 17,334 18,164
72 Principal Global Investors 17,025 24,121
73 BlackRock 15,577 7,079
74 Wilmington Trust 14,200 16,500
75 Federated Investors 14,000 12,000
76 Gabelli Asset Mgmt 13,858 16,078
77 Oppenheimer Capital 12,496 21,406
78 J. & W. Seligman 12,375 19,266
79 TCW Group 12,350 19,014
80 Brown Brothers Harriman 12,202 14,845
81 State Street Research 11,921 17,456
82 Rittenhouse Asset Mgmt 10,104 14,879
83 Dodge & Cox 10,040 7,536
84 Man Investments 10,000 N/A
85 Waddell & Reed 9,612 13,624
86 Fisher Investments 9,376 8,459
87 GE Asset Management 9,200 10,649
88 Glenmede Trust 9,023 8,689
89 Loomis Sayles 9,019 10,046
90 Southeastern Asset Mgmt 8,925 8,225
91 Calamos Asset Mgmt 8,803 4,808
92 Fayez Sarofim & Co. 8,591 8,486
93 Aberdeen Asset Mgmt 8,416 30,716
94 Lend Lease Real Estate 7,956 2,016
95 M & I Investment Mgmt 7,586 8,357
96 Bank of Ireland Asset Management 7,541 5,637
97 Kayne Anderson Rudnick 7,025 5,946
98 Calvert Asset Mgmt 6,868 6,005
99 Pilgrim Baxter 6,701 9,250
100 Tweedy Browne 6675 N/A
Total 6,742,386 6,787,105

Assets $ in millions; as of Dec. 31
Source: Pensions & Investments money manager survey

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