Global Mutual Fund Assets Market Is Expected to Generate $101.2 Trillion by 2027: Allied Market Research

An increase in investment toward mutual funds, which enables small & large fund savers to participate in investment plans is the major factor driving the growth of the global mutual fund assets market. Based on region, North America held the largest share in 2019, garnering nearly half of the global mutual fund assets market.

According to the report published by Allied Market Research, the global mutual fund assets market garnered $54.93 trillion in 2019, and is projected to reach $101.2 trillion by 2027, growing at a CAGR of 11.3% from 2020 to 2027.

Pramod Borasi, a Research Analyst, BFSI at Allied Market Research, stated, “India is expected to attain significant growth in the coming years, owing to the growth of asset management companies (AMCs) providing combined holdings of mutual funds and enhancing better portfolio management, which is the major trend in the country.”

Covid-19 Scenario:

· The outbreak of the COVID-19 pandemic led to huge uncertainty in companies' profitability and investors' ability to repay funds, thereby impacting the global market for mutual fund assets negatively. Also, the economic slowdown across the world seemed to affect the market badly.

The research provides detailed segmentation of the global mutual fund assets market based on fund type, distribution channel, investor type, and region.

Based on fund type, the equity funds segment contributed to more than half of the global mutual fund assets market share in 2019 and is anticipated to rule the roost by the end of 2027. The hybrid & other funds segment, on the other hand, would manifest the fastest CAGR of 15.6% throughout the forecast period.

Based on distribution channels, the financial advisors/brokers segment accounted for nearly half of the global mutual fund assets market revenue in 2019 and is expected to retain its dominance till 2027. Simultaneously, the direct sellers' segment would portray the fastest CAGR of 13.3% from 2020 to 2027.

Based on region, North America held the largest share in 2019, garnering nearly half of the global mutual fund assets market, and is expected to retain its dominance till 2027. At the same time, Asia-Pacific would register the fastest CAGR of 13.7% during the forecast period.

Leading market players of the global mutual fund assets market analyzed in the research include BlackRock, Inc., BNP Paribas Mutual Fund, Capital Group, Citigroup Inc., Goldman Sachs, JPMorgan Chase & Co., Morgan Stanley, PIMCO, State Street Corporation, and The Vanguard Group, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.