The Top 5 Investment Companies
When investing in the market, you must be informed not only of the market’s condition but also of the current events that are happening in the world that may affect the market. This can be a very time consuming undertaking because your investments will require almost constant monitoring to ensure a profit is made and chances for greater profit are not missed.
If you, like most investors, do not have the time or resources to monitor the market as well as your investments in the detailed manner required, then you may need to consider an investment company. Investment companies are companies that manage your assets for your, maximizing your profit to maximize theirs.
The following is a list of the top 5 investment companies in the US listed by the amount of assets under their management, in descending order:
UBS AG (UBS)
UBS is the largest private asset manager in the world, managing a total of over $2 trillion world-wide. UBS has been under heavy fire in the last several years, however, for several ethics issues, such as aiding in tax evasion as well as insider trading and profit inflation. However, the results UBS produces for those whose funds they manage are undeniable.
State Street Global Advisors
State Street Global Advisors, or SSgA, is an investment company that is one of the most successful in the world. SSgA has a broad variety of services and makes the use of asset management much easier.
Fidelity Investment
The largest mutual fund company in the United States, Fidelity Investments is an excellent choice if mutual funds are the method of investment you have decided best suits your needs. Fidelity serves over 23 million individual investors and offers over 400 mutual funds, and though returns have been cut by more than 40% since the market’s fall in late 2008, President Ned Johnson and Vice President Rodger Lawson have been praised for guiding Fidelity Investment through the troubled times the market has been experienced.
The Vanguard Group
The Vanguard Group’s founder established a unique way of investing mutual funds when he realized that most mutual funds did not yield returns that were significantly better than if an investor randomly invested in S&P 500 companies. Vanguard invests in S&P 500 companies while doing the research required ensuring profits come from this investment. With this method, Vanguard has outperformed many other large mutual funds and continues to produce positive results well past the financial meltdown Wall Street experienced.
JPMorgan Chase & Co. (JPM)
JPMorgan Chase is one of the oldest financial institutions in the world. Based on many various banks that have merged over the years, the oldest being established in 1799, JPMorgan Chase is a widespread and highly trusted source of financial management in addition to the many other services provided by them.
While most investment companies are still recovering from the meltdown in 2008, most are still making headway in regaining lost assets. By picking from the top 5 investment companies, you have a much better chance of getting good results from your investments, as these companies have good reputations that they wish to keep, as well as incentives to make your investments profitable (usually in the form of a percentage or fees for profit). Choose your management firm wisely as you will have less control over your assets than if you were to administer them yourself.