World's Largest Asset Managers
Most of the world's largest asset managers are located in a small corridor in the Northeastern United States. Eight of the 14 firms that manage $1T or more are in the NY, Boston or Philadelphia areas. These include the five largest asset managers--BlackRock, Vanguard, Fidelity, J.P. Morgan, and BNY Mellon. Three others are located in other parts of the US and four are overseas--one each in France, UK, Japan and Norway. The Marimekko chart below shows the firms grouped by location:
I started to create this chart by copying data from this table on the Visual Capitalist page:
| Rank | Company | Country | AUM |
|---|---|---|---|
| #1 | BlackRock Inc. | USA | $5.7 trillion |
| #2 | Vanguard Group | USA | $4.4 trillion... |
I pasted the data into an Excel spreadsheet. I added a column to the sheet for the location of each asset manager (e.g., NY, Boston,...). I also used an Excel function =NUMBERVALUE(MID(D2,2,3)) to extract the number component from the AUM column. Next, I used a PivotTable with rows for company, columns for location, and AUM in numeric form for data to convert the table into the form needed for the Marimekko chart.
I created the chart in PowerPoint from the Excel data. I used the number format to add the $ and T to my values. I added location information to the firms that were outside of the Northeast (e.g., added Chicago to Northern Trust label). I sorted the bars using the custom sort to show the Northeastern cities on the left and the rest of the world on the right. I sorted each bar with the biggest company on the bottom. I customized the colors so that each bar had shades of the same color.
You can download this chart and edit it in Mekko Graphics.
