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In an increasingly capital-concentrated world, understanding who controls the money is more crucial than ever.

Whether you’re a startup founder seeking funding, a policymaker concerned with market influence, a young professional carving a path in finance, or a fund manager looking to stat your own fund, these are the names you need to know.

Today, I’m sharing the top 15 largest investment funds by Assets under Management (AUM) as of 2025 – based on the latest data and cross-verified reports from SWFI, firm disclosures, and industry sources.

These institutions are not just financial giants – they’re economic architects, driving innovation, funding transitions, and sometimes… reshaping entire industries.

The organizations are listed in the ascending order in terms of AUM.


15. Apollo Global Management

AUM: $950+ Billion
Founded:
1990
HQ: New York City, USA

Born from the ashes of Drexel Burnham Lambert, Apollo has turned distressed investing into an empire. Today it is one of the leading players in private credit, insurance, and yield-oriented strategies – powering everything from annuities to space startups.


14. Brookfield Corporation

AUM: $1 Trillion+
Founded:
1899
HQ: Toronto, Canada

A real asset titan with roots in Brazil and hydroelectric energy, Brookfield has rebranded into a global leader in renewables, infrastructure, and private capital. It’s the go-to name for ESG-tied infrastructure deals.


13. Blackstone

AUM: $1 Trillion+
Founded:
1985
HQ: New York City, USA

Blackstone is the behemoth of alternative investments – private equity, real estate, private credit, and now infrastructure. Founded by Stephen Schwarzman and Peter Peterson, it now rivals sovereign wealth funds in global reach.


12. DWS Group

AUM: $1.02 Trillion
Founded:
1956
HQ: Frankfurt, Germany

As Deutsche Bank’s asset manager, DWS offers a German approach to global investing. Sustainability, real estate, and infrastructure are key areas of focus as it aims to reclaim ground in ESG leadership.


11. Wellington Management

AUM: $1.3 Trillion
Founded: 1928
HQ: Boston, Massachusetts, USA

Quiet but mighty, Wellington remains privately owned and fiercely independent. It was the original subadvisor to Vanguard’s funds and continues to manage money for sovereigns, pensions, and endowments with a global view.


10. Invesco

AUM: $1.39 Trillion
Founded: 1935
HQ: Atlanta, Georgia, USA

Once a small regional firm in the South, Invesco now boasts a powerful ETF suite (QQQ, anyone?), active strategies, and real assets. Its global footprint includes Hong Kong, London, and Toronto.


9. Franklin Templeton

AUM: $1.5 Trillion
Founded: 1947
HQ: San Mateo, California, USA

Founded in New York but named after Benjamin Franklin (symbolizing thrift and wisdom), Franklin Templeton grew into a global player through acquisitions like Legg Mason and ClearBridge. Strong in value and emerging markets.


8. T. Rowe Price

AUM: $1.69 Trillion
Founded: 1937
HQ: San Mateo, California, USA

Named after founder Thomas Rowe Price Jr., a pioneer of growth investing, this firm blends rigorous research and a long-term philosophy. They remain a favourite for retirement-focused and institutional clients.

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7. Amundi

AUM: $2.4 Trillion
Founded: 2010 (merger of Crédit Agricole Asset Management and Société Générale AM)
HQ: Paris, France

The largest asset manager in Europe, Amundi is a pan-European champion that’s expanding rapidly into Asia and green finance. With strong ESG and institutional mandates, it’s reshaping Europe’s financial identity.


6. Capital Group

AUM: $3.1 Trillion
Founded: 1931
HQ: Los Angeles, California, USA

One of the oldest and most respected privately held investment firms, Capital Group is best known for the American Funds. Its long-term, team-based investing model has quietly beaten benchmarks for decades.


5. J.P. Morgan Asset Management

AUM: $3.6 Trillion
Founded: 1871 (as part of JPMorgan Chase heritage)
HQ: New York City, USA

The bank that helped finance American railroads now powers everything from hedge fund strategies to retirement plans. J.P. Morgan combines deep research, world-class infrastructure, and elite client servicing.


4. State Street Global Advisors (SSGA)

AUM: $4.72 Trillion
Founded: 1978 (investment arm of State Street Corp., est. 1792)
HQ: Boston, Massachusetts, USA

As the originator of the first U.S. ETF (SPY), SSGA has long shaped the ETF and index investing landscape. Though quiet in branding, their influence on institutional investing and governance is massive.


3. Fidelity Investments

AUM: $5.9 Trillion
Founded: 1946
HQ: Boston, Massachusetts, USA

Fidelity is a family-owned powerhouse, led by Abigail Johnson today. While it has deep roots in active mutual funds, Fidelity is also a digital innovator, embracing crypto and direct indexing ahead of most legacy players.


2. Vanguard Group

AUM: $10.4 Trillion
Founded: 1975
HQ: Malvern, Pennsylvania, USA

Founded by the legendary John C. Bogle, Vanguard created the first index fund and revolutionized passive investing. Its mutual ownership structure means it’s run by investors, for investors – a model that has built deep trust.


1. BlackRock

AUM: $11.6 Trillion
Founded: 1988
HQ: New York City, USA

What started as a risk management operation under Larry Fink has turned into the largest asset manager in the world. BlackRock pioneered tech-first investing with its Aladdin platform and continues to lead in ESG, ETFs (iShares), and private market dominance.


Key takeaways: why do these investment funds matter

Understanding who the top investment funds are isn’t just trivia – it’s insight into how the world works.

These 15 financial powerhouses manage trillions in assets, influence corporate governance, and shape global innovation, infrastructure, and sustainability.

From BlackRock’s tech-driven dominance to Brookfield’s green infrastructure strategy, these organizations are more than fund managers – they’re capital allocators shaping the 21st century economy.

Whether you’re an investor, entrepreneur, policymaker, or student of finance – knowing their origins, scale, and strategy gives you a competitive edge.

What did we miss?

Are there other investment funds you think belong on this list?

Perhaps a sovereign wealth fund, a rising private equity firm, or a regional giant flying under the radar?

Leave your thoughts below – let’s spark a discussion.


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