Number of asset management companies in Europe 2022
In 2022, Europe had a total of 4,519 active asset management companies. The largest portion of these companies was registered in the United Kingdom, France, and Germany. Asset management companies typically manage pooled funds. These funds accumulate from the firms' collection of clients. This money is then invested by the asset management company in various securities, allowing for portfolio diversification. These actions are taken with the intention of creating a profit for the firm and its clients and also diminishing the level of risk through diversification.