Intersec 250: Definitions and methodology
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Intersec 250: Definitions and methodology

Intersec 250: Clash of the titans, once again

Intersec 250: Complete Rankings


The top 250 institutional investors outside the US are ranked by assets under discretionary management. The ranking excludes assets over which investment managers do not have full discretion, such as advisory or custodial relationships.

A number of the figures are necessarily estimated by InterSec and have not been confirmed by the institution concerned.

The categories of institution ranked are banks (BK), internally managed pension funds (PF), insurance companies (IN), investment managers (IM) and independent unit trust/mutual fund companies (UT). All have their headquarters outside the US. Other institutional investors, such as venture capitalists, stockbrokers and central banks, are excluded.

InterSec Research Corporation monitors over 3,500 institutions each year. Information on this database and other research into worldwide investment management and administration is available from Stephen Oxley at InterSec Research Corporation, London office, tel: (0171) 287 3898, fax (0171) 287 3895.

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