PUBLISHER: The Business Research Company | PRODUCT CODE: 1582552
PUBLISHER: The Business Research Company | PRODUCT CODE: 1582552
Mutual fund assets represent the total value of the investments within a mutual fund, which include various securities and financial instruments managed for investors. The value of these assets changes according to the performance of the underlying investments and market conditions.
Mutual funds are primarily categorized into open-ended and close-ended types. Open-ended mutual funds allow investors to buy and sell units at any time based on the current Net Asset Value (NAV). Investors can be either retail or institutional. Investment strategies include equity, fixed income, multi-asset or balanced, sustainable, money market, and others. Investment styles are categorized as active or passive. Distribution channels for mutual funds encompass direct sales, financial advisors, broker-dealers, banks, and other methods.
The mutual fund assets market research report is one of a series of new reports from The Business Research Company that provides mutual fund assets market statistics, including mutual fund assets industry global market size, regional shares, competitors with a mutual fund assets market share, detailed mutual fund assets market segments, market trends, and opportunities, and any further data you may need to thrive in the mutual fund assets industry. This mutual fund assets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mutual fund assets market size has grown rapidly in recent years. It will grow from $608.42 billion in 2023 to $671.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The historical growth can be linked to several factors, including strong stock market performance, rising disposable income and savings, government tax incentives for investing in mutual funds, increased emphasis on retirement planning, and heightened financial awareness and education.
The mutual fund assets market size is expected to see rapid growth in the next few years. It will grow to $1,010.51 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The anticipated growth during the forecast period can be attributed to changes in the regulatory environment, expanding cross-border investment opportunities, growing awareness and education, a low-interest rate climate, and increased participation by institutional investors. Key trends for the forecast period include the adoption of artificial intelligence and machine learning, advancements in blockchain technology, cloud-based solutions enhancing the scalability, flexibility, and security of mutual fund operations, and the rise of mobile apps for mutual fund management and regulatory technology (regtech).
The increasing aging population is projected to drive the growth of the mutual fund assets market. The aging population, defined as individuals aged 65 and older, is expanding due to rising life expectancy and declining birth rates. As people approach retirement, they often shift from high-risk, growth-oriented investments to more conservative, income-generating mutual funds that provide stability and regular income. This shift is expected to bolster the mutual fund assets market. For example, according to the United Nations Department of Economic and Social Affairs, a US-based intergovernmental agency, the global population aged 65 and older is forecasted to more than double from 761 million in 2021 to 1.6 billion by 2050. By that year, this demographic is projected to represent one in every six people worldwide. Thus, the growing aging population is fueling the expansion of the mutual fund assets market.
Major players in the mutual fund assets market are focusing on diversifying their portfolios to include emerging sectors with significant growth potential. Investments in niche areas, such as sustainable technologies or innovative industries, can attract investors seeking high returns and future-proof opportunities. For instance, in June 2024, Mirae Asset Mutual Fund, an India-based investment firm, introduced the Mirae Asset Nifty EV and New Age Automotive ETF (Exchange Traded Fund), India's first ETF exclusively dedicated to the electric vehicle (EV) and new age automotive industries. This ETF aims to provide long-term capital growth by investing primarily in stocks of companies involved in the evolving automotive sector, including those specializing in electric and hybrid vehicles, battery technologies, and automotive components. The fund will track the performance of the Nifty EV and New Age Automotive Total Return Index.
In December 2022, HSBC Mutual Fund, an India-based investment firm, acquired L&T Mutual Fund for an undisclosed amount. This acquisition is intended to strengthen HSBC's presence in the Indian asset management market, broaden its product offerings, and utilize L&T Mutual Fund's established distribution network and customer base to drive growth and expand its investment solutions in the region. L&T Mutual Fund is an India-based company providing financial services including equity, fixed income, mutual fund investments, wealth management, and portfolio management.
Major companies operating in the mutual fund assets market are JPMorgan Chase & Co., Citigroup Inc., Morgan Stanley, BNP Paribas Asset Management Holding, Goldman Sachs Group Inc., Charles Schwab & Co. Inc., BlackRock Inc., Principal Financial Group Inc., Ameriprise Financial Inc., State Street Corporation, Franklin Resources Inc., Capital Group Companies Inc., The Vanguard Group Inc., Amundi Asset Management US Inc., Legg Mason Inc., Janus Henderson Group plc, Federated Hermes Inc., OppenheimerFunds Inc., Massachusetts Financial Services Company, Eaton Vance Corp., Pacific Investment Management Company LLC, Dimensional Fund Advisors LP, Wellington Management Company LLP, AllianceBernstein L.P., Dodge & Cox, Teachers Insurance and Annuity Association of America (TIAA), Putnam Investments LLC
North America was the largest region in the mutual fund assets market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mutual fund assets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the mutual fund assets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The mutual fund assets market includes revenues earned by entities by providing services such as portfolio management, risk management, custody services, and transaction processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Mutual Fund Assets Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on mutual fund assets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for mutual fund assets ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mutual fund assets market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.