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1 Cerulli Associates, The Cerulli Report, U.S. Managed Accounts 2021. Data as of 31 Dec 2020, most recent data available. Based on total assets; includes model separate accounts and proprietary assets.
2 Pensions & Investments, 31 May 2021. Rankings based on U.S. institutional tax-exempt assets under management as of 31 Dec 2020 reported by each responding asset manager.
3 ANREV/INREV/NCREIF Fund Manager Survey 2022. Survey illustrated rankings of 143 fund managers globally by AUM as at 31 Dec 2021.
