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Thursday, January 23, 2020

The 16 Most-Admired Fund Firms

News summary by MFWire's editors

More than a dozen mutual fund firms and parents of fund firms have been reason to celebrate recently thanks to Fortune.

Laurence D. Fink
BlackRock
Chairman, CEO
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);

  • #25, BlackRock;

  • #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;

  • #206, MassMutual;

  • #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.
  •  

    Edited by: Neil Anderson, Managing Editor


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