Global assets under management 2005-2023
Assets under management include professionally managed assets, which means that managers charge fees for their financial services. In 2023, the value of AUM worldwide amounted to 118.7 trillion U.S. dollars, where North America accounted for almost half of the value.
What is the function of investment managers?
People hire investment managers to manage their wealth, and private wealth management firms strategically invest the assets of their clients, often using financial instruments not available for individual investors, such as hedge funds.
Investment risks
All investments carry risk, regardless of who manages them. Some asset classes, such as money market instruments or bonds, are deemed to be one the safest investments. They are advisable for the investors who seek stable, but not above average long-term gains. The possible high returns from equities, forex market or alternative investments are tempting, but possible losses are much higher than in case of safer instruments.