The National Association of Investment Companies was founded in 1971. Comprised of more than 150 member firms representing over $260 billion in assets under management, it is the largest network of diverse-owned private equity firms and hedge funds in the United States.
Consequently, how does an investment club work?
An investment club refers to a group of people who pool their money to make investments. Usually, investment clubs are organized as partnerships—after the members study different investments, the group decides to buy or sell based on a majority vote of the members.
Accordingly, is National Association of Investment Companies? The National Association of Investment Companies (NAIC) is the largest network of diverse-owned private equity firms and hedge funds. NAIC’s membership consists of over 130 firms representing over $250 billion in assets under management (AUM).
Also to know is, who is the top investment company?
10 Largest Investment Management Companies
- BlackRock. AUM: $9.464 trillion. …
- The Vanguard Group. AUM: $8.4 trillion. …
- UBS Group. AUM: $4.432 trillion. …
- Fidelity. AUM: $4.23 trillion. …
- State Street Global Advisors. AUM: $3.86 trillion. …
- Morgan Stanley. AUM: $3.274 trillion. …
- JPMorgan Chase. AUM: $2.996 trillion. …
- Allianz. AUM: $2.953 trillion.