Blackrock
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Industrywide, asset managers are struggling to redefine themselves as passive investing grows ever more popular.
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Total assets held by the II300, Institutional Investor’s annual ranking of the nation’s biggest buy-side firms, top $45 trillion.
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#2 Richard Prager, Head of Trading and Liquidity Strategies, BlackRock
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Assets at the largest U.S. money managers grew by roughly 10 percent in 2013, to $42.3 trillion, according to the II300.