IPE institutional market survey: Small and mid cap equities managers 2025
The total assets invested in small and mid-cap equities by global managers increased by more than 13% last year, while the assets invested on behalf of European institutional investors fell by nearly 8%.
According to IPE’s estimate, BlackRock remains by far the largest global manager of small and mid-cap equities, with AUM in excess of €554bn. In Europe, State Street Global Advisors is the largest manager of institutional small and mid-cap equity portfolios in terms of AUM, with more than €8bn of assets. The rankings of global managers and European institutional managers differs substantially, reflecting the different make up of global and European portfolios.
Full data access
This summary shows headline data. The full dataset includes more detailed data on individual managers and is available to subscribers at ipe.com/research. To subscribe to IPE visit ipe.com/ membership and for further information about the research or to participate in future surveys, contact dominic.gane@ipe.com
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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