This year Institutional Investor changed the methodology behind the II300 to better reflect how asset allocators analyze, hire, and fire money managers. Investment management shops that are owned by or rolled up into a larger organization, such as an insurer, holding company, or bank, are broken out and reported separately. In past years II included the money managed by affiliated firms in the parent company’s total assets. The II300 was created using data from research firm eVestment and supplemented by information provided by asset managers directly to II.
The Institutional Investor’s Top 300 Asset Manager list identifies the largest asset managers domiciled in the United States. Parent companies are separately reported from their subsidiaries to identify the distinct asset management platforms for the list. The total Assets Under Management (AUM) figures include only securities managed for a fee or fee equivalent (i.e. spread) for the benefit of a client. Assets include cash, equities, fixed income, derivatives, real estate, and alternative investments.
Institutional Investor’s Top 300 Asset Manager list is powered by Evestment and supplemented by information provided by the asset managers to Institutional Investor.