After publishing a series of instalments in recent weeks, AsianInvestor now presents its complete ranking of the top 100 fund firms by Asia-Pacific assets under management.

Assets sourced from the region grew at a slower pace last year than in 2013, although the overall AUM of the top 100 still increased 6.1% year-on-year AUM to hit $39.8 trillion as at end-September.

Global firms’ share of Asia-Pacific assets rose at about the same pace as 2013 (6.81%), but managers in Asia (ex-Australia and Japan) saw their AUM increase 13.34%, a two-percentage-point rise on 2013. Australian and Japanese firms recorded minor declines in assets.

Despite growing competition and regulatory headwinds in Asia, a good proportion of the big global fund houses posted healthy regional assets under management increases last year. They include the likes of Amundi, BlackRock, BNY Mellon Investment Management, Deutsche Asset & Wealth Management and State Street Global Advisors.

*A full feature and more analysis from our annual survey appears in the latest (February) issue of AsianInvestor magazine. To see the list of the fastest-growing fund firms by Asia-Pacific AUM, please click here.

The top 100 fund houses by AUM from Asia Pacific: numbers 1-100
2014 2013 Company Geography AP
2014
$bn
AP
2013
$bn
%
change
Global
2014
Global
2013
1 1 Sumitomo Mitsui
Trust Bank
Japan-based 474.0 472.0 0.42% 474.0 472.0
2 3 BlackRock Global firm 397.0 352.2 12.72% 4525.0 4096.4
3 2 Mitsubishi UFJ
Trust & Banking
Japan-based 380.4 385.4 -1.30% 380.4 385.4
4 5 State Street
Global Advisors
Global firm 353.8 307.0 15.23% 2421.0 2241.0
5 4 Nomura Asset
Management
Global firm 319.4 312.4 2.24% 345.1 338.0
6 6 Mizuho Trust
& Banking
Japan-based 236.8 247.3 -4.23% 236.8 247.3
7 7 Prudential
Financial (US)
Global firm 178.0 196.6 -9.48% 917.5 1076.2
8 8 Pimco Global firm 175.5 191.6 -8.40% 1876.0 1970.0
9 10 UBS Global
Asset Management
Global firm 155.4 136.4 13.93% 687.0 649.3
10 9 Nikko Asset
Management
Japan-based 151.4 153.8 -1.53% 167.7 168.9
11 13 DIAM Japan-based 146.0 126.5 15.45% 146.0 126.5
12 12 JPMorgan
Asset Management
Global firm 131.7 133.6 -1.42% 1493.2 1500.0
13 16 Daiwa Asset
Management
Japan-based 128.7 111.3 15.63% 128.7 111.3
14 14 AMP Capital
Investors
Australia-
based
125.9 125.4 0.44% 127.0 127.0
15 17 Samsung
Investments
Asia-based 121.9 107.3 13.56% 121.9 107.3
16 20 Eastspring
Investments
Asia-based 117.6 96.7 21.64% 117.6 96.7
17 11 Sumitomo
Mitsui Asset
Management
Japan-based 116.7 134.1 -12.98% 121.2 134.5
18 18 Vanguard Global firm 115.0 107.0 7.48% 3000.0 2500.0
19 19 Schroder
Investment
Management
Global firm 111.3 102.3 8.82% 464.1 415.8
20 22 BNY Mellon
Asset Management
Global firm 108.1 94.3 14.63% 1650.0 1500.0
21 15 First State
Investments
(previously known
as Colonial
First State)
Global firm 103.7 118.6 -12.56% 155.5 167.5
22 21 HSBC Global Asset
Management
Global firm 100.0 96.6 3.52% 465.0 419.0
23 26 Macquarie
Funds Group
Global firm 95.0 74.6 27.24% 371.2 356.3
24 24 Franklin Templeton Global firm 92.5 86.4 7.09% 898.0 844.7
25 35 Amundi Global firm 88.4 72.6 21.76% 1060.0 1025.0
26 - Tianhong Asset
Management
Asia-based 88.3 10.9 708.88% 88.3 10.9
27 23 AllianceBernstein Global firm 86.0 86.9 -1.07% 473.0 445.2
28 25 Goldman Sachs
Asset Management
Global firm 86.0 79.0 8.86% 1150.0 949.0
29 27 Wellington
Management
Global firm 80.3 70.9 13.22% 892.4 798.9
30 37 Deutsche Asset
Management
Global firm 72.3 50.7 42.77% 1205.6 934.7
31 33 Manulife Asset
Management
Global firm 67.6 59.1 14.38% 275.7 257.8
32 28 Nissay Asset
Management
Japan-based 64.2* 65.2 -1.50% 65.2 65.2
33 29 Northern Trust
Asset Management
Global firm 63.6 64.4 -1.24% 923.3 846.2
34 31 Western Asset
Management
Global firm 61.4 61.0 0.57% 471.6 442.7
35 41 Harvest Fund
Management
Asia-based 60.7 46.3 30.86% 66.9 49.2
36 34 BNP Paribas
Investment Partners
Global firm 57.5 56.0 2.73% 641.3 640.2
37 38 Invesco Global firm 57.4 50.2 14.34% 789.6 745.5
38 36 Mirae Asset
Global Investments
Asia-based 57.0 54.0 5.51% 62.2 57.9
39 30 Tokio Marine Asset
Management
Japan-based 56.9 62.4 -8.81% 57.4 63.0
40 32 China Asset
Management
Asia-based 56.1 60.7 -7.65% 56.1 60.7
41 52 China Southern
Asset Management
Asia-based 54.4 36.7 48.07% 54.4 36.7
42 44 Allianz Global
Investors
(including RCM)
Global firm 53.9* 43.5 24.00% 510.6 408.5
43 39 Hanwha Asset
Management
Asia-based 53.4 47.8 11.79% 60.3 47.8
44 40 MFS Investment
Management
Global firm 50.8 46.7 8.92% 424.1 385.3
45 46 Morgan Stanley
Investment
Management
Global firm 47.3 41.8 13.00% 397.8 359.7
46 43 Credit Suisse Global firm 44.9* 43.7 2.84% 425.2 410.1
47 50 Natixis Global
Asset Management
Global firm 42.6 37.2 14.52% 894.3 838.2
48 45 Meiji Yasuda
Asset Management
Japan-based 42.3* 42.5 -0.26% 42.3* 43.0
49 42 DaiwaSB
Investments
Japan-based 40.5 44.4 -8.74% 47.6 51.7
50 47 IFM Investors Australia-
based
39.6 41.6 -4.90% 45.7 45.5
51 49 Aberdeen Asset
Management
Global firm 39.3 38.0 3.42% 550.0 324.6
52 56 Russell
Investment Group
Global firm 37.1 33.7 10.09% 275.1 246.9
53 59 AXA Investment
Managers
Global firm 36.8 32.8 12.27% 766.0 726.0
54 58 Bosera Asset
Management
Asia-based 36.0 32.9 9.56% 36.0 32.9
55 54 UOB Asset
Management
Asia-based 36.0* 35.6 1.08% 36.7 35.6
56 55 Wells Fargo Asset
Management
Global firm 35.7* 35.5 0.39% 338.0 334.0
57 60 Standard Life
Investments
Global firm 35.2* 28.9 21.71% 333.7 272.0
58 57 Shinko Asset
Management
Japan-based 34.7 32.9 5.39% 34.7 32.9
59 53 BT Investment
Management
Australia-
based
34.2 35.6 -3.84% 58.0 54.5
60 48 Kokusai Asset
Management
Japan-based 33.7 38.3 -12.08% 33.7 38.3
61 66 Kasikorn Asset
Management
Asia-based 33.4 27.9 19.54% 33.4 27.9
62 110 PineBridge Global firm 33.2 28.4 16.90% 70.8 69.1
63 70 SCB Asset
Management
Asia-based 30.6 22.4 36.67% 30.6 22.4
64 61 Fidelity Worldwide
Investments
Global firm 29.1* 27.7 5.19% 275.8 260.1
65 73 Principal Global
Investors
Global firm 29.0 21.2 36.87% 326.9 300.1
66 62 Perpetual Asset
Management
Australia-
based
28.7 27.1 6.17% 28.7 27.1
67 63 KB Asset
Management
Asia-based 28.1* 24.8 13.34% 28.1* 24.8
68 65 Korea Investment
Management
Asia-based 27.0* 23.8 13.34% 27.0* 23.8
69 51 E-Fund Asia-based 26.3 37.0 -28.87% 26.3 37.0
70 64 Dimensional
Fund Advisors
Global firm 25.8 23.9 7.95% 372.0 315.4
71 76 Lion Global
Investors
Asia-based 25.3 18.7 35.15% 25.6 23.7
72 67 GF Fund
Management
Asia-based 23.9 23.0 3.87% 23.9 23.0
73 68 Lazard Asset
Management
Global firm 23.7 22.9 3.56% 178.8 159.3
74 87 HDFC Mutual Fund Asia-based 22.1 15.0 47.35% 22.1 15.0
75 80 Platinum Asset
Management
Australia-
based
21.3 17.7 20.06% 21.3 17.7
76 90 Reliance
Mutual Fund
Asia-based 19.9 14.9 33.81% 19.9 14.9
77 75 Woori Asset
Management
Asia-based 19.5 18.9 3.34% 19.5 18.9
78 83 Legg Mason AM
(ex-Western)
Global firm 19.1 17.1 11.45% 246.3 213.3
79 78 Public Mutual Asia-based 19.0 18.0 5.56% 19.0 18.3
80 81 T. Rowe Price
Asset Management
Global firm 18.9 17.4 8.62% 731.2 647.2
81 74 Baring Asset
Management
Global firm 18.7 20.1 -7.06% 47.1 60.2
82 79 Janus Capital Global firm 18.4* 17.7 3.79% 174.4 166.7
83 88 Krung Thai Asset
Management
Asia-based 18.4 15.0 22.53% 18.4 15.0
84 86 Tong Yang
Asset Management
Asia-based 17.3* 15.3 13.34% 17.3* 15.3
85 95 Capital Group
International
Global firm 17.0 14.0 21.43% 1382.0 1265.0
86 - Bank of China
Investment
Management
Asia-based 16.9 12.0 41.35% 16.9 12.0
87 72 T&D Asset
Management
Japan-based 16.9 21.2 -20.27% 16.9 21.2
88 85 China Universal
Asset Management
Asia-based 16.7 13.1 27.50% 16.7 13.1
89 82 Perennial
Investment
Partners
Australia-
based
16.2 16.2 -0.06% 16.2 16.2
90 77 Pictet Asset
Management
Global firm 15.9* 18.6 -14.86% 150.2 149.4
91 91 Threadneedle Global firm 15.8* 14.6 8.37% 150.1 137.4
92 96 Reliance Capital
AM (ex Reliance
Mutual Fund)
Asia-based 15.5 13.2 17.61% 15.5 13.2
93 107 SBI Mutual Fund Asia-based 15.1 10.9 39.05% 15.5 11.1
94 104 Birla Sun Life
Mutual Fund
Asia-based 15.0 11.3 32.22% 15.0 11.3
95 101 RHB Investment
Management
Asia-based 14.4 11.5 25.22% 14.4 11.5
96 92 GAM Global firm 14.2* 14.0 1.64% 134.9 131.7
97 - China
Merchants Fund
Asia-based 14.2 11.4 25.36% 14.2 11.4
98 - China International
Fund Management
Asia-based 13.9 13.5 2.85% 13.9 13.5
99 71 Penghua Fund
Management
Asia-based 13.9 21.6 -35.87% 13.9 21.6
100 98 Cohen & Steers Global firm 13.8 12.7 8.87% 49.7 46.3
Total 7190.0 6735.4   39752.8 36569.3
*AsianInvestor estimates