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DUBLIN, Jan. 9, 2024 (Globe Newswire) — The “U.S. Mutual Fund Industry Size and Share Analysis – Growth Trends and Forecasts (2023-2028)” report has been added. ResearchAndMarkets.com Recruitment.
The US mutual fund industry will grow from USD 32.96 trillion in 2023 to USD 40.53 trillion by 2028, at a CAGR of 4.22% during the forecast period (2023-2028). expected to grow.
The U.S. mutual fund industry remained the world’s largest in 2021, with a staggering US$26.96 trillion in net assets. The US accounted for almost 40% or more of the global mutual fund market.
In 2021, the United States accounted for a quarter of the world’s mutual fund population. To understand the sheer size of the US market, when compared globally it accounts for almost a quarter of all funds. U.S. mutual funds cover a wide range of asset classes, including stocks and bonds, market capitalization, sectors, industries, and styles. Funds are actively managed to achieve short-term and long-term returns. The US fund is made up of many large companies from a variety of industries, including automotive, technology, healthcare, and the internet.
The coronavirus pandemic is causing unprecedented economic damage, even more so than any natural disaster. It affects almost everything in the economy, including production, consumption, and accumulation. Financial markets and financial markets such as stocks, bonds, and commodity markets (oil and gold) have been severely affected. Despite an unexpected turnaround across markets in 2020, organic growth in the U.S. mutual fund industry continues to slow. The long-term outlook is also under stress due to downward pressure on fees, declining profit margins and changing investor preferences. The mutual fund space grew through the pandemic, and interestingly, several smaller companies gained momentum in 2021, outpacing the growth of the established heavyweights.
US mutual fund market scenario
U.S. mutual funds cover a wide range of asset classes such as stocks and bonds, as well as market capitalizations, sectors, industries, and styles. Funds can be managed passively or actively to achieve short-term and long-term returns. The U.S. fund is made up of many large companies from a variety of industries, including automotive, technology, healthcare, and the internet. Such funds give you the chance to bet on companies such as Apple, Amazon, Mastercard, Visa, Alphabet, Microsoft, and Facebook. Many of America’s largest companies derive more than 40% of their revenue from outside the United States. These days, many mutual fund investments are being made through his SIP or STP as multiple assets under management are predicting economic slowdown in the coming months.
Growth in personal finance sector drives market
The Personal Financial Markets segment includes automated investment services that enable individual investors to adjust their investment strategies and portfolios using automated recommendations.
The fintech sector has been hit by a sharp decline in overall transaction and payment volumes. For example, the travel, tourism, restaurant, and entertainment industries are down 70% to 90% year-on-year, and cross-border trade is down 50%. Meanwhile, businesses are reporting increased payments in everyday spending categories such as food and grocery stores. A rapid acceleration and shift towards e-commerce has been observed as people buy and order goods from their homes.
The rise of financial technology (fintech) has changed the way service providers engage with their customers. Fintech has simplified the complex personal finance industry and made it much more accessible to the average consumer.
Companies using robotic process automation for banking operations can achieve up to a 100% return on investment within 3 to 8 months.
Investments in fintech companies around the world reached over USD 225.7 billion in 2021. The Americas is the region attracting the most investment in this sector, accounting for almost 80% of the total.
Overview of the U.S. mutual fund industry
The U.S. mutual fund industry is highly competitive with major international players. The US mutual fund industry has growth opportunities during the forecast period, which is expected to further drive market competition. The U.S. mutual fund industry has experienced a noticeable level of consolidation, with a small number of players holding a large share. This report provides an overview of companies such as BlackRock Asset Management, Vanguard Group, State Street Global Advisors, Fidelity Investments, and JPMorgan Asset Management.
Some of the companies mentioned in this report include:
- black rock
- vanguard group
- State Street Global Advisor
- Fidelity Investments
- JP Morgan Asset Management
- BNY Mellon Investment Management
- Pimco
- UBS
- allianz
- amundi
For more information on this report, please visit https://www.researchandmarkets.com/r/wtrwoo.
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U.S. mutual fund industry Total net assets of U.S. registered mutual funds worldwide 2015-2021 (US$ trillion)
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