The distribution of different asset classes held by exchange traded funds (ETFs) looks set to remain relatively stable between 2017 and 2023. This according to a 2020 survey. While the share of equity ETFs is set to slightly decline, they are still expected to make up the majority of ETFs over the period, accounting for roughly two thirds of clients' portfolios.

The size of the global asset management sector has increased since 2005 and is expected to continue growing until 2028, according to the forecast. The passive asset class, which accounted for just four trillion U.S. dollars out of the total market, worth 37 trillion U.S. dollars that year, is forecast to increase substantially until 2028 and become one of the primary asset classes. The active core asset class, which according to the source features actively managed domestic large-cap equity, domestic government and corporate debt, money market, and structured products, is forecast to grow from 38 trillion U.S. dollars in 2023 to 48 trillion U.S. dollars in 2028.

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

In 2023, the Middle East and North Africa, and Latin America were the regions with the lowest level of distribution of wealth worldwide, with the richest ten percent holding around 75 percent of the total wealth. On the other hand, in Europe, the richest ten percent held around 60 percent of the wealth. East and South Asia were the regions where the poorest half of the population held the highest share of the wealth, but still only around five percent, underlining the high levels of wealth inequalities worldwide.

This feature shows the global wealth distribution for the years 1995, 2000, and 2005. Feature published and hosted by Esri Canada © 2013. Content Sources: Countries, Esri Maps and DataThe World Bank, The Changing Wealth of Nations: http://data.worldbank.org/data-catalog/wealth-of-nations Coordinate System: Web Mercator Auxiliary Sphere (WKID 102100) Update Frequency: As Required Publication Date: October 2013 OECD stands for Organisation for Economic Co-operation and Development and is a global organization created to "promote policies that will improve the economic and social well-being of people around the world".

In 2023, by far the highest number of individuals with net assets of at least 30 million U.S. dollars worldwide were residing in North America, reaching over 250,000 people. Asia recorded the second highest number of UHNWIs in the world with over 165,000 individuals.A small share owns vast sums of wealthThe vast majority of global wealth is concentrated in the hands of a few people. Only one percent of the global population owns assets worth more than one million U.S. dollars. The richest people in the world are Elon Mask, Jeff Bezos, and Bernard Arnault. When it comes to women, Francoise Bettencourt Meyers led the ranking of the most affluent women worldwide. The wealth of over 70 percent of UHNWIs was self-made. Where UHNWIs live and where they leave Unsurprisingly, as North America is the world region with the highest number of UHNWIs, the United States is the country with the highest UHNWI count. However, Hong Kong, special administrative (SAR) region in China, is the city with the highest number of UHNWIs. Nevertheless, China was the country that recorded the highest outflux of UHNWIs in 2022.

In 2019, 40 percent of sovereign investors said that they would increase their asset allocations in Asia. As for the Middle East region, 91 percent of investors said that they would keep their asset allocations the same.

China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Trust Loan data was reported at 718.030 RMB bn in Jun 2016. This records an increase from the previous number of 619.090 RMB bn for Dec 2015. China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Trust Loan data is updated quarterly, averaging 619.090 RMB bn from Dec 2014 (Median) to Jun 2016, with 3 observations. The data reached an all-time high of 718.030 RMB bn in Jun 2016 and a record low of 589.220 RMB bn in Dec 2014. China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Trust Loan data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Asset Allocation Distribution.

Looking at the average billionaire's wealth worldwide by asset allocation, a clear majority of the wealth among male billionaires was made up of public holdings. Banking and financing is the industry to which the highest share of male billionaires devote most of their time.

China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Private Claim data was reported at 22.900 RMB bn in Dec 2015. This records an increase from the previous number of 3.980 RMB bn for Dec 2014. China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Private Claim data is updated quarterly, averaging 13.440 RMB bn from Dec 2014 (Median) to Dec 2015, with 2 observations. The data reached an all-time high of 22.900 RMB bn in Dec 2015 and a record low of 3.980 RMB bn in Dec 2014. China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Private Claim data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Asset Allocation Distribution.

Asset Liability Management (ALM) Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2030.

Global Asset Liability Management (ALM) Market Drivers

The “Asset Liability Management (ALM) Market” is expanding and becoming more popular due to a number of variables that meet the requirements of businesses and financial institutions that manage their assets and liabilities. These are a few typical market forces that propel asset liability management:

Changes in Interest Rates: Changes in interest rates have a big effect on how profitable financial firms are. Organizations can optimize their portfolios and maximize profits by mitigating the risks brought on by interest rate swings with the aid of asset liability management.

Needs for Regulatory Compliance: Financial organizations are required to establish effective risk management procedures due to stringent regulatory regulations and recommendations. ALM solutions help businesses adhere to legal requirements while maintaining stability and good financial management.

Risk Management and Mitigation: Financial institutions can detect, evaluate, and manage a variety of risks with the help of asset liability management, including credit, market, liquidity, and interest rate risks. The stability and resilience of financial institutions are enhanced by the efficient management of these risks.

Enhancing the Structure of the Balance Sheet: By coordinating assets and liabilities to meet strategic objectives, ALM assists businesses in optimizing the structure of their balance sheets. To improve overall financial performance, this involves controlling the length, cash flow, and mix of assets and liabilities.

Economic Uncertainty and Market Volatility: Financial institutions must take proactive measures due to market volatility and economic uncertainty. Organizations may overcome uncertainty with the support of ALM solutions, which provide them the flexibility to modify portfolios in reaction to shifting market conditions.

Improvements in Decision-Making: Financial institution decision-makers are empowered by the insightful analytics and insights offered by ALM solutions. Effective asset and liability management is facilitated by the capacity to make well-informed decisions based on reliable facts.

Customer-focused strategies: Financial institutions must make sure that their assets and liabilities match the needs of their customers. By developing goods and services that satisfy the needs and expectations of their consumer base in terms of both cost and quality, ALM enables businesses to embrace customer-centric strategies.

Technological Progress: Financial technology (FinTech) is always evolving, offering creative ALM solutions. Asset and liability management procedures are made more accurate and efficient by automation, artificial intelligence, and data analytics.

Diversification and Globalization: ALM helps financial organizations that operate in globally integrated environments manage diversified portfolios and exposures across many markets. ALM assists businesses in adjusting to shifting regulatory landscapes and global economic trends.

Maximizing The Use of Capital: ALM helps banks optimize their capital allocation by distributing resources wisely among different asset classes. In addition to satisfying regulatory capital requirements, this guarantees that capital is used effectively to provide returns.

China Banks' WMP: Balance of Investment Asset: Commercial Real Estate data was reported at 84.750 RMB bn in Dec 2015. This records an increase from the previous number of 76.730 RMB bn for Dec 2014. China Banks' WMP: Balance of Investment Asset: Commercial Real Estate data is updated quarterly, averaging 84.750 RMB bn from Dec 2012 (Median) to Dec 2015, with 5 observations. The data reached an all-time high of 92.277 RMB bn in Dec 2013 and a record low of 76.730 RMB bn in Dec 2014. China Banks' WMP: Balance of Investment Asset: Commercial Real Estate data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Asset Allocation Distribution.

As of 2024, the vast majority of wealth managers did not largely anticipate for client wealth to decrease. With a global average of six percent of mangers having expected a marginal or significant decrease in wealth. The vast majority of wealth managers predict a wealth increase. In Latin America, roughly 55 percent of mangers forecast client wealth to increase marginally, this was above the global average of 50.3 percent.

China Banks' WMP: Balance of Investment Asset: Alternative Asset data was reported at 3.240 RMB bn in Dec 2014. China Banks' WMP: Balance of Investment Asset: Alternative Asset data is updated quarterly, averaging 3.240 RMB bn from Dec 2014 (Median) to Dec 2014, with 1 observations. The data reached an all-time high of 3.240 RMB bn in Dec 2014 and a record low of 3.240 RMB bn in Dec 2014. China Banks' WMP: Balance of Investment Asset: Alternative Asset data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Asset Allocation Distribution.

Market Overview:

The global mutual fund assets market size reached USD 76.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 180.1 Billion by 2033, exhibiting a growth rate (CAGR) of 10% during 2025-2033. The market is driven by technological advancements, demographic shifts, increasing disposable incomes in emerging economies, and a growing emphasis on diversified and sustainable investment strategies.

Mutual Fund Assets Market Trends/Drivers:

• Diversified Investment Portfolios: The global mutual fund assets market is growing on account of the increased investor preference for diversified portfolios. Mutual funds offer an accessible way to spread risk across various asset classes, appealing to both novice and experienced investors.
• Technological Advancements: Digital platforms and fintech innovations have democratized access to mutual funds. The integration of artificial intelligence (AI) and machine learning in investment strategies is enhancing personalization and optimizing portfolio management, attracting a tech-savvy investor base.
• Evolving Regulatory Landscape: Regulatory changes globally are aiming to increase transparency and investor protection. Stricter disclosure requirements and the enforcement of fiduciary responsibilities are building investor confidence and stimulating market growth.
• Shifting Demographic Profiles: An aging population in developed countries and rising disposable incomes in emerging markets are key drivers. Mutual funds cater to the varying needs of these demographics, from retirement planning to entry-level investment options.
• Sustainable Investing Trends: There is a noticeable shift toward environmental, social, and governance (ESG) themed mutual funds. This trend reflects a growing awareness of sustainability issues and their long-term impact on investment returns.
• Market Breakup by Investor Type: Institutional investors, with their large capital and long-term investment strategies, significantly influence the mutual fund assets market. Their substantial investments and strategic decision-making shape market dynamics.
• Regional Markets: North America leads in market share due to its advanced financial infrastructure and investment culture. Europe and Asia Pacific also show strong market presence, each with unique growth drivers and challenges.
• Distribution Channels: Financial advisors and brokers are the largest distribution channel, offering personalized investment advice. Banks and direct sellers, including online platforms, also play significant roles, catering to different investor preferences and behaviors.
• Market Potential and Challenges: The mutual fund assets market is supported by its adaptability to investor needs and market conditions. However, it faces challenges like market volatility, geopolitical uncertainties, and evolving regulatory environments.

Mutual Fund Assets Market Trends/Drivers:

Rising interest in diversified investment portfolios

One primary driver of the industry is the increasing inclination toward diversified investment portfolios. With the growing awareness of the risks associated with investing in a single asset class, individual and institutional investors are progressively seeking mutual funds as a means to diversify their investments. Mutual funds offer a blend of stocks, bonds, and other securities, thereby spreading the risk across various financial instruments and markets. This diversification helps mitigate the impact of volatility in any one sector or region and provides exposure to a broader range of growth opportunities. Additionally, mutual funds are managed by professional fund managers, who bring expertise in market analysis and portfolio strategy, further appealing to investors who may lack the time or expertise to manage their investments. This trend is particularly noticeable among new investors and those in emerging markets, where mutual funds are seen as a gateway to more sophisticated investment strategies.

Advancements in fintech

Another key driver is the technological advancements in the financial sector, particularly the emergence of fintech and robo-advisors. These innovations have significantly democratized access to mutual fund investments, making them more accessible to a broader audience. Online platforms and mobile applications have simplified the process of investing in mutual funds, offering user-friendly interfaces, easy account management, and lower entry barriers in terms of minimum investment requirements. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) in investment management has enabled more personalized and optimized investment strategies, enhancing the appeal of mutual funds. These technological advancements have streamlined the investment process as well as provided educational resources, thereby attracting a tech-savvy generation of investors and those new to financial markets.

Evolving regulatory landscape

The evolving regulatory landscape plays a crucial role in shaping the industry. Regulatory bodies worldwide have been focusing on increasing transparency, improving investor protection, and ensuring the stability of financial markets. These efforts include the implementation of stringent disclosure requirements, the promotion of fair valuation practices, and the enforcement of fiduciary responsibilities of fund managers. Such regulations aim to build investor confidence by ensuring that mutual funds operate in a fair, transparent, and accountable manner. Moreover, some regions have introduced tax incentives for mutual fund investments, further stimulating market growth.

Mutual Fund Assets Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on fund type, investor type, and distribution channel.

Breakup by Fund Type:

• Equity Funds
• Bond Funds
• Money Market Funds
• Hybrid and Other Funds
  

Equity funds account for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the fund type. This includes equity funds, bond funds, money market funds, and hybrid and other funds. According to the report, equity funds represented the largest segment.

Equity funds represent the leading fund type segment primarily due to their potential for higher returns over the long term. Despite the associated risks and market volatility, equity funds attract a broad spectrum of investors, from individuals seeking growth to institutional investors looking to maximize returns. Equity funds have gained traction due to historical performance, where equities have outperformed other asset classes over long periods. Additionally, with the increasing accessibility of global markets, equity funds offer diverse international exposure, allowing investors to benefit from growth in various economies. The popularity of these funds is also driven by their adaptability to cater to various investment strategies, from aggressive growth to value-oriented approaches, making them a versatile choice for many investors.

Bond funds are focused on investing in bonds and other debt

China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Entrusted Loan data was reported at 605.850 RMB bn in Jun 2016. This records an increase from the previous number of 334.950 RMB bn for Dec 2015. China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Entrusted Loan data is updated quarterly, averaging 356.320 RMB bn from Dec 2014 (Median) to Jun 2016, with 3 observations. The data reached an all-time high of 605.850 RMB bn in Jun 2016 and a record low of 334.950 RMB bn in Dec 2015. China Banks' WMP: Balance of Investment Asset: Non-standardized Creditor's Right: Entrusted Loan data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Asset Allocation Distribution.

As of March 2024, international reserve assets in North America accounted for 5.9 percent of the total, indicating a relatively modest allocation in this region. In the Middle East and North Africa, the share of assets was 9.2 percent, suggesting a more substantial reserve amount. The Asia Pacific region stood out prominently, holding 53 percent of all international reserve assets.

International Distribution Services reported 2.44B in Current Assets for its fiscal semester ending in September of 2024. Data for International Distribution Services | IDS - Current Assets including historical, tables and charts were last updated by Trading Economics this last March in 2025.

China Banks' WMP: Balance of Investment Asset: Total data was reported at 32,130.000 RMB bn in Dec 2024. This records an increase from the previous number of 30,560.000 RMB bn for Jun 2024. China Banks' WMP: Balance of Investment Asset: Total data is updated quarterly, averaging 28,180.000 RMB bn from Dec 2014 (Median) to Dec 2024, with 12 observations. The data reached an all-time high of 32,130.000 RMB bn in Dec 2024 and a record low of 15,768.270 RMB bn in Dec 2014. China Banks' WMP: Balance of Investment Asset: Total data remains active status in CEIC and is reported by China Central Depository & Clearing Co., Ltd. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Asset Allocation Distribution.

Japan BIT: Money Management Fund: Distribution of Assets: Others data was reported at 0.000 JPY bn in Jul 2018. This stayed constant from the previous number of 0.000 JPY bn for Jun 2018. Japan BIT: Money Management Fund: Distribution of Assets: Others data is updated monthly, averaging 1,935.132 JPY bn from May 1992 (Median) to Jul 2018, with 315 observations. The data reached an all-time high of 13,539.529 JPY bn in Oct 1999 and a record low of 0.000 JPY bn in Jul 2018. Japan BIT: Money Management Fund: Distribution of Assets: Others data remains active status in CEIC and is reported by The Investment Trusts Association, Japan. The data is categorized under Global Database’s Japan – Table JP.Z028: Publicly Offered Investment Trust: By Category.