Global AuM To Surpass USD100 Trillion By 2020, PwC Says

By Editorial 03 March, 2014

Worldwide assets under management (AuM) will rise to roughly USD101.7 trillion by 2020, from the USD63.9 trillion recorded in 2012, international accounting firm PwC has predicted.

In a report entitled Asset Management 2020: A Brave New World, PwC says increased investment flows will come from South America, Asia, Africa and the Middle East. However, the majority of assets will still be concentrated in the United States and Europe.

PwC reports that mutual funds will manage assets worth USD41.2 trillion in 2020, from USD27 trillion in 2012, but pension funds will be at the forefront of global AuM growth, growing from USD33.9 trillion to USD56.5 trillion between 2012 and 2020.

Insurance companies and sovereign wealth funds will also drive growth, with AuM climbing to USD35.1 trillion and 8.9 trillion, from USD24.1 trillion and USD5.2 trillion, respectively, over the same period.

In 2012, the asset management industry managed 36.5 percent of assets held by pension funds, sovereign wealth funds, insurance companies, mass affluent, and high-net-worth individuals.

Tags: Individuals | Insurance | Investment | Pensions | Accounting | Insurance | Investment Funds | United States | Services | Expats | Europe | Africa | South America | Middle East |


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