Allianz Global Investors has cemented its place as the largest asset manager in Europe, but below it, US rival BlackRock has launched an assault on the European top spot, with the largest money manager in the world exhibiting a rate of growth that far exceeded its European peers.
The largest 20 asset managers run from Europe grew their assets by 4% to €8.96 trillion in the 12 months to June 30, according to Financial News' survey of the biggest firms.
