Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:These Fund Firms Rule the Global Economic Stage Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, November 08, 2011

These Fund Firms Rule the Global Economic Stage

News summary by MFWire's editors

Capital Group, FMR Corp, State Street and Vanguard are among the top control-holders in the world, according to a recently released paper penned by a group of Swiss researchers.

In their paper, The Network of Global Control, the researchers named the most powerful firms on the global economic stage. The New York Times' Economix blog and The Washington Post's WonkBlog both reported on the paper.

"We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player," write Stefania Vitali, James Glattfeld and Stefano Battiston. "We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions."

Here are the top 20 control-holders:

1. Barclays PLC
2. Capital Group Companies (i.e. American Funds)
3. FMR Corp (i.e. Fidelity
4. Axa
5. State Street Corporation
6. JPMorgan Chase & Co.
7. Legal & General Group PLC
8. Vanguard Group
9. UBS AG
10. Merrill Lynch & Co. Inc.
11. Wellington Management Co.
12. Deutsche Bank (i.e. DWS)
13. Franklin Resources
14. Credit Suisse Group
15. Walton Enterprises
16. Bank of New York Mellon Corp.
17. Natixis
18. Goldman Sachs Group
19. T. Rowe Price
20. Legg Mason

You can view the complete top 50 in table S1.  

Edited by: Armie Margaret Lee


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use