More than a dozen mutual fund firms and parents of fund firms have been reason to celebrate recently thanks to Fortune
| Laurence D. Fink|
Earlier this week, the magazine's team released
their 2020 list of the "World's Most Admired Companies"
. At least 16 of the firms on the list are U.S. asset managers or have U.S. asset management subsidiaries.
Familiar names on the list include:
#8, JPMorgan Chase, parent of J.P. Morgan Asset Management (JPMAM);
#27, Goldman Sachs, parent of Goldman Sachs Asset Management (GSAM);
#37, Charles Schwab, parent of Charles Schwab Investment Management;
#81, BNY Mellon, parent of BNY Mellon Investment Management;
#177, Edward Jones, parent of Bridge Builder;
#215, Morgan Stanley, parent of Morgan Stanley Asset Management;
#217, New York Life, parent of MainStay;
#222, Northern Trust, parent of Northern Trust Asset Management;
#242, Prudential, parent of PGIM;
#255, Royal Bank of Canada, parent of RBC Global Asset Management (RBC GAM);
#284, Raymond James, parent of Carillon Tower;
#284, T. Rowe Price;
#297, TIAA, parent of Nuveen; and
#315, Voya Financial, parent of Voya Investment Management.
Neil Anderson, Managing Editor
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