Access the latest news, analysis and trends impacting your business.
Explore our insights by topic:
Additional Broadridge resources:
View our Contact Us page for additional information.
Additional Broadridge resource:
Your submission has been received. We will contact you soon.
Your sales rep submission has been received. One of our sales representatives will contact you soon.
Your submission has been received. One of our customer service representatives will contact you soon.
While large funds represent a significant percentage of global fund industry assets, their market share does not appear to be growing. Globally, there are just 5,000 funds in the blockbuster category with assets in excess of €1bn. More and more funds enter this category as the market grows, but as the chart opposite shows the top-100 funds’ share of total industry assets has remained relatively flat since 2010, with the ‘winner takes all’ phenomenon least pronounced in Europe. That is not to say concentration levels will remain static. Asset managers are facing an unprecedented period of change, driven by technological developments, margin pressure and macro-economic shifts. Larger managers are arguably in a better position to react and attract assets as they have the economies of scale to keep costs low, invest in research and innovate. However, big is not always better. The industry is awash with examples of products that grew so large that performance eventually suffered. In Broadridge interviews with fund selectors, there are plenty of fund selectors that shun large blockbusters instead seeking out smaller players that focus on their core strengths.