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Popularity of alternative investments growing substantially

The combined assets under management of the world’s top 100 alternative investment managers reached $3.6 trillion (€3.3 trillion) last year, research shows.

The Willis Towers Watson Global Alternatives Survey shows that of the top 100 alternative investment firms, three types of manager hold around three quarters of total assets.

Real estate managers have the largest share, at 34% and over $1.2 trillion, followed by hedge funds (21% and $755 billion) and private equity fund managers (18% and $640 billion). In all, the 602 firms surveyed collectively hold assets of $6.2 trillion.

Macquarie Group is the largest infrastructure manager, with over $95 billion, while Blackstone is the largest private equity and real estate manager, with $94 billion in both asset classes.

Bridgewater Associates is the largest hedge fund manager with $88 billion, and Blackstone is the largest fund of hedge funds manager with almost $68 billion.

Goldman Sachs is the largest private equity fund of funds manager with almost $45 billion, and M&G Investments is the largest illiquid credit manager with over $33 billion.

Pimco is the largest commodities manager with $10 billion, and the largest manager of real assets is TIAA with over $7 billion.

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