The asset managers identified for strongest brand value
When it comes to their brand, BlackRock and J.P. Morgan Asset Management (JPMAM) have been identified as the two asset managers with the strongest brand value.
A survey by Brand Finance of 5,000 brands globally found BlackRock is the world’s most valuable asset management brand with a brand value of over US$7 billion ($10.5 billion), attributed to its robust revenue growth and innovation.
“BlackRock’s high place in the rankings is underpinned by its forward-thinking approach in technology and sustainability, which attracts clients and drives market evolution. BlackRock’s diverse product offerings have significantly contributed to its market position, securing its status as the leading AM globally.”
In a close second was J.P. Morgan Asset Management (JPMAM) with a brand value sitting just below US$7 billion while Vanguard is in third place with a brand value of US$6 billion.
It also noted the wider JP Morgan group scored highly for its brand value with a score of 87.4 out of 100 which is based on marketing investment, stakeholder equity and the impact of those on business performance.
“JP Morgan noted exceptional scores across several brand strength metrics, including awareness, familiarity, and performance.” the report noted.
The top 10 most-valuable asset management brands are:
- BlackRock
- JPMAM
- Vanguard
- Blackstone
- Fidelity Investments
- Goldman Sachs
- State Street Global Advisors
- Bank of America
- Morgan Stanley Investment Management
- KKR
The top 10 strongest asset management brands are:
- JPMAM
- BlackRock
- Morgan Stanley Investment Management
- Goldman Sachs
- Vanguard
- HSBC Asset Management
- Deutsche Bank
- Fidelity Investments
- Blackstone
- AXA Investment Managers
Brand valuations helps companies to understand the value of their brand with stronger brands likely to be in a better position to attract investors and secure financing, attract and retain talent, be viewed favourable and improve customer acquisition and retention.
Recommended for you
New research has revealed which fund manager is the most recommended by financial advisers to their clients, as well as the most preferred research houses.
The departure of BlackRock’s head of global client business Mark Wiedman after his 21-year tenure has prompted a reshuffle, with several senior executives receiving promotions.
The volume that financial advisers have invested in private credit funds could be among disclosures that providers have to make to ASIC amid a regulatory crackdown on private markets.
Platinum Asset Management has appointed Northern Trust to provide asset servicing solutions for their $11 billion Australian funds.