Biggest funds increase 11.5% to hit $21.7 trillion in 2020: Pandemic markets pushed executives to change their portfolio investment strategy.

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    • Abstract:
      European funds in the Top 20 saw their combined assets increase 30.4% for the year, ahead of a 13.9% increase for Asia-Pacific funds and a 0.8% decline for U.S. funds in the top 20. In 2019, in North America 74% of assets were run by DB funds, while in Asia-Pacific, 65.1% of total assets were in DB funds. [Extracted from the article]