Europe Asset Management Market Size (2024 - 2029)

The European asset management market is anticipated to experience significant growth in its market size over the forecast period, driven by a robust recovery following the initial impacts of COVID-19. The industry is predominantly centered in six key countries, which together represent a substantial portion of the market. While domestic clients make up the majority of the client base, there has been a notable increase in the share of foreign clients in recent years, indicating a diversification in the market's client composition.

Home Market Analysis Financial Services and Investment Intelligence Research Asset Management Research Europe Asset Management Market Market Size

Market Size of Europe Asset Management Industry

Europe Asset Management Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 33.89 Trillion
Market Size (2029) USD 43.80 Trillion
CAGR (2024 - 2029) 5.26 %
Market Concentration Medium

Major Players

Europe Asset Management Market Major Players

*Disclaimer: Major Players sorted in no particular order

European Asset Management Market Analysis

The Europe Asset Management Market size in terms of assets under management value is expected to grow from USD 33.89 trillion in 2024 to USD 43.80 trillion by 2029, at a CAGR of 5.26% during the forecast period (2024-2029).

During COVID-19, the European asset management industry saw unprecedented growth in 2020, despite the sharp fall in financial markets in the initial months. Due to a robust market bounce at the end of the year, the asset management industry witnessed a growth from the previous year, 2019.

Asset management in Europe is primarily concentrated in six nations (United Kingdom, France, Germany, Switzerland, Netherlands, and Italy), which account for around 85% of the asset management industry in Europe.

Domestic clients constitute most of the European asset management industry's client base, with a 69% market share, whereas foreign clients are growing substantially in recent years (from 26% in 2017 to 33% in 2021).

European Asset Management Industry Segmentation

Asset management is one of the most widely demanded markets as people are adopting digitalization. A complete background analysis of the European asset management market includes an assessment of the economy, a market overview, market size estimation for key segments, emerging trends in the market, market dynamics, and key company profiles in the report. The Asset Management Market in Europe is segmented by country ( United Kingdom, France, Germany, Switzerland, Italy, Netherlands, and the Rest of Europe), by Client Type (Retail, Pension Fund, Insurance Companies, Banks, and Other Institutions), by Type of Mandate (Investment Funds and Discretionary Mandates) and by Asset Class (Equity, Fixed Income, Cash/Money Market, and Other Asset Classes). The report offers market size and forecast values for the Europe Asset Management Market in USD billion for the above segments.

By Country
United Kingdom
France
Germany
Switzerland
Italy
Netherlands
Rest of Europe
By Client Type
Retail
Pension Fund
Insurance Companies
Banks
Other Institutions
By Type of Mandate
Investment Funds
Discretionary Mandates
By Asset Class
Equity
Fixed Income
Cash/Money Market
Other Asset Classes
Need A Different Region Or Segment?
Customize Now

Europe Asset Management Market Size Summary

The European asset management market is poised for significant growth over the forecast period, driven by a robust recovery from the COVID-19 pandemic and increasing demand for sustainable investing. The market is predominantly concentrated in six countries—United Kingdom, France, Germany, Switzerland, Netherlands, and Italy—which together account for a substantial portion of the industry's assets under management. The client base is primarily domestic, but there is a notable increase in foreign clients. The integration of environmental, social, and governance (ESG) factors into investment processes has gained traction, with a significant portion of assets being managed under ESG strategies. The demand for sustainable bonds has also surged, bolstered by the financial policy responses to the pandemic, which enhanced the liquidity and appeal of these investments.

The competitive landscape of the European asset management market is marked by the presence of major international players such as UBS Group, Allianz Group, and Amundi Asset Management. The market's growth potential is expected to intensify competition among these key players. Recent strategic moves, such as UBS Group's acquisition of Wealthfront, highlight the ongoing consolidation and expansion efforts within the industry. The market dynamics are further shaped by shifts in investor preferences, with a notable movement towards active equity and money market funds, reflecting a broader trend of recovery and optimism in the financial markets.

Explore More

Europe Asset Management Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Insights on Various Regulatory Trends Shaping Asset Management Market in Europe

    5. 1.5 Insights on impact of technology and innovation in Operation in Asset Management

    6. 1.6 Insights on Performance of Asset Managers in Europe

    7. 1.7 Industry Attractiveness - Porters' Five Forces Analysis

      1. 1.7.1 Threat of New Entrants

      2. 1.7.2 Bargaining Power of Buyers

      3. 1.7.3 Bargaining Power of Suppliers

      4. 1.7.4 Threat of Substitutes

      5. 1.7.5 Intensity of Competitive Rivalry

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Country

      1. 2.1.1 United Kingdom

      2. 2.1.2 France

      3. 2.1.3 Germany

      4. 2.1.4 Switzerland

      5. 2.1.5 Italy

      6. 2.1.6 Netherlands

      7. 2.1.7 Rest of Europe

    2. 2.2 By Client Type

      1. 2.2.1 Retail

      2. 2.2.2 Pension Fund

      3. 2.2.3 Insurance Companies

      4. 2.2.4 Banks

      5. 2.2.5 Other Institutions

    3. 2.3 By Type of Mandate

      1. 2.3.1 Investment Funds

      2. 2.3.2 Discretionary Mandates

    4. 2.4 By Asset Class

      1. 2.4.1 Equity

      2. 2.4.2 Fixed Income

      3. 2.4.3 Cash/Money Market

      4. 2.4.4 Other Asset Classes

Europe Asset Management Market Size FAQs

The Europe Asset Management Market size is expected to reach USD 33.89 trillion in 2024 and grow at a CAGR of 5.26% to reach USD 43.80 trillion by 2029.

In 2024, the Europe Asset Management Market size is expected to reach USD 33.89 trillion.

European Asset Management Market Report Snapshots

Asset Management Market in Europe Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)