PUBLISHER: The Business Research Company | PRODUCT CODE: 1808771
PUBLISHER: The Business Research Company | PRODUCT CODE: 1808771
Mutual fund assets represent the total value of the investments within a mutual fund, which include various securities and financial instruments managed for investors. The value of these assets changes according to the performance of the underlying investments and market conditions.
Mutual funds are primarily categorized into open-ended and close-ended types. Open-ended mutual funds allow investors to buy and sell units at any time based on the current Net Asset Value (NAV). Investors can be either retail or institutional. Investment strategies include equity, fixed income, multi-asset or balanced, sustainable, money market, and others. Investment styles are categorized as active or passive. Distribution channels for mutual funds encompass direct sales, financial advisors, broker-dealers, banks, and other methods.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp rise in U.S. tariffs and the ensuing trade tensions in spring 2025 are having a considerable impact on the financial sector, particularly in the areas of investment strategies and risk management. The increased tariffs have intensified market volatility, leading institutional investors to adopt more cautious approaches and driving greater demand for hedging solutions. Banks and asset managers are encountering higher costs in cross-border transactions as disrupted global supply chains and declining corporate earnings weigh on equity market performance. At the same time, insurance providers are facing elevated claims risks linked to supply chain interruptions and trade-related business losses. Furthermore, reduced consumer spending and weaker export demand are limiting credit growth and dampening investment appetite. In response to these challenges, the sector must focus on diversification, accelerate digital transformation, and strengthen scenario planning to manage the heightened economic uncertainty and safeguard profitability.
The mutual fund assets market research report is one of a series of new reports from The Business Research Company that provides mutual fund assets market statistics, including mutual fund assets industry global market size, regional shares, competitors with a mutual fund assets market share, detailed mutual fund assets market segments, market trends, and opportunities, and any further data you may need to thrive in the mutual fund assets industry. This mutual fund assets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mutual fund assets market size has grown rapidly in recent years. It will grow from $671.98 billion in 2024 to $744.74 billion in 2025 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to stock market performance, growth increase in disposable income and savings, governments offering tax benefits on investments in mutual funds, the rise in importance of retirement planning, and financial awareness and education.
The mutual fund assets market size is expected to see rapid growth in the next few years. It will grow to $1112.67 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to the evolving regulatory landscape, increased cross-border investment opportunities, rising awareness and education, a low-interest rate environment, and greater involvement of institutional investors. Major trends in the forecast period include artificial intelligence and machine learning, blockchain technology, cloud-based solutions improving the scalability, flexibility, and security of mutual fund operations, and the development of mobile apps for mutual fund management and regtech.
The forecast of 10.6% growth over the next five years reflects a slight reduction of 0.2% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through higher management fees for investors, as portfolio rebalancing algorithms and performance analytics platforms, primarily sourced from the United Kingdom and Canada, become more expensive to license due to increased software tariffs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The growing aging population is expected to drive the growth of the mutual fund assets market in the coming years. The aging population refers to individuals aged 65 and older, often considered seniors. This demographic is increasing due to longer life expectancy and lower birth rates. As the number of older individuals rises, the mutual fund assets market will see growth, as these individuals look for secure investment options for their retirement savings. As people approach retirement, they typically shift from high-risk, growth-oriented investments to more conservative, income-generating mutual funds that offer stability and regular income, fueling the expansion of the mutual fund assets market. For example, in July 2024, the UK Parliament's House of Commons Library, a UK-based government body, reported that in 2022, there were 12.7 million people aged 65 and older in the UK, making up 19% of the total population. This number is expected to grow to 22.1 million by 2072, representing 27% of the population. Thus, the increasing aging population is contributing to the growth of the mutual fund assets market.
Major players in the mutual fund assets market are focusing on diversifying their portfolios to include emerging sectors with significant growth potential. Investments in niche areas, such as sustainable technologies or innovative industries, can attract investors seeking high returns and future-proof opportunities. For instance, in June 2024, Mirae Asset Mutual Fund, an India-based investment firm, introduced the Mirae Asset Nifty EV and New Age Automotive ETF (Exchange Traded Fund), India's first ETF exclusively dedicated to the electric vehicle (EV) and new age automotive industries. This ETF aims to provide long-term capital growth by investing primarily in stocks of companies involved in the evolving automotive sector, including those specializing in electric and hybrid vehicles, battery technologies, and automotive components. The fund will track the performance of the Nifty EV and New Age Automotive Total Return Index.
In December 2022, HSBC Mutual Fund, an India-based investment firm, acquired L&T Mutual Fund for an undisclosed amount. This acquisition is intended to strengthen HSBC's presence in the Indian asset management market, broaden its product offerings, and utilize L&T Mutual Fund's established distribution network and customer base to drive growth and expand its investment solutions in the region. L&T Mutual Fund is an India-based company providing financial services including equity, fixed income, mutual fund investments, wealth management, and portfolio management.
Major companies operating in the mutual fund assets market are JPMorgan Chase & Co., Citigroup Inc., Morgan Stanley, BNP Paribas Asset Management Holding, Goldman Sachs Group Inc., Charles Schwab & Co. Inc., BlackRock Inc., Principal Financial Group Inc., Ameriprise Financial Inc., State Street Corporation, Franklin Resources Inc., Capital Group Companies Inc., The Vanguard Group Inc., Amundi Asset Management US Inc., Legg Mason Inc., Janus Henderson Group plc, Federated Hermes Inc., OppenheimerFunds Inc., Massachusetts Financial Services Company, Eaton Vance Corp., Pacific Investment Management Company LLC, Dimensional Fund Advisors LP, Wellington Management Company LLP, AllianceBernstein L.P., Dodge & Cox, Teachers Insurance and Annuity Association of America (TIAA), Putnam Investments LLC
North America was the largest region in the mutual fund assets market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mutual fund assets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the mutual fund assets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The mutual fund assets market includes revenues earned by entities by providing services such as portfolio management, risk management, custody services, and transaction processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Mutual Fund Assets Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on mutual fund assets market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for mutual fund assets ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The mutual fund assets market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.