InterSec 250 rankings 1 to 50 and 101 to 250

Rank ’97	Rank ’96	Institution	Type	Country	Total mgmt ($bn)	Domestic mgmt ($bn)	Foreign mgmt ($bn)
1	1	Kampo	IN	Japan	821.57	821.57	–
2	2	Groupe Axa	IN	France	529.26	285.8	243.46
3	3	UBS =	BK	Switz.	485.5	63.05	421.95
4	4	Barclays Global Investors	BK	UK	485.36	94.77	390.59
5	7	Credit Suisse	BK	Switz.	334.5	56.87	277.64
6	5	Swiss Bank Corp ==	BK	Switz.	334	240.48	93.52
7	6	Nippon Life	IN	Japan	316.69	316.69	–
8	9	Deutsche Bank Group	BK	Germany	235.42	66.18	169.23
9	8	Zenkyoren	IN	Japan	232.44	232.44	–
10	12	Allianz Group	IN	Germany	226.24	151.58	74.66
11	10	Dai-Ichi Mutual Life	IN	Japan	220.91	220.91	–
12	21	Zurich Insurance Group	IN	Switz.	203.62	38.8	164.82
13	13	Dresdner Bank Group	BK	Germany	202.71	113.52	89.19
14	15	Prudential Corp	IN	UK	195.13	144.78	50.35
15	14	Caisse des Dépôts	BK	France	183.76	183.76	–
16	11	Sumitomo Mutual Life	IN	Japan	181.56	181.56	–
17	17	Schroder Invest. Man.	BK	UK	175.39	128.56	46.83
18	23	ING Group	IN	Netherlds	165.74	47.87	117.87
19	38	Aegon	IN	Netherlds	147.98	37	110.99
20	20	Meiji Mutual Life	IN	Japan	136.77	136.77	–
21	30	Fortis Group	IN	Belgium	136	53.86	82.15
22	22	Algemeen Burgerlijk	PF	Netherlds	130.4	130.4	–
23	16	Mitsui Trust & Banking	BK	Japan	125.05	125.05	–
24	*	Indocar	BK	France	123.17	121.18	2
25	19	Mitsubishi Trust & Bank.	BK	Japan	119.63	119.63	–
26	24	Sumitomo Trust & Bank.	BK	Japan	115.94	115.94	–
27	26	Commercial Union ==	IN	UK	115.17	29.62	85.55
28	25	Yasuda Trust & Banking	BK	Japan	105.8	105.8	–
29	**	Bayr. Hypo & Vereinsbank	BK	Germany	104.55	67.96	36.59
30	27	Daiwa Trust & Banking	BK	Japan	103.63	103.63	–
31	50	Legal & General	IN	UK	100.36	95.34	5.02
32	Ð	Fleming Investment Man.	BK	UK	100.2	44.09	56.11
33	47	Commerzbank Group	BK	Germany	97.7	49.75	47.95
34	36	Münchner Rückversich.	IN	Germany	95.5	95.5	–
35	29	Sun Life of Canada	IN	Canada	95.34	8.39	86.95
36	48	Société Générale	BK	France	94.5	89.77	4.73
37	44	Desjardin-Laurentian Fin.	IN	Canada	93.2	93.2	–
38	28	Asahi Mutual Life	IN	Japan	92.46	92.46	–
39	37	Standard Life	IN	UK	89.86	89.86	–
40	41	Allmanna Pensionsfonds	PF	Sweden	88.52	88.52	–
41	42	Royal Sun Alliance	IN	UK	87.2	57.59	29.61
42	54	Deka Despa Group	IM	Germany	83.42	83.42	–
43	31	Toyo Trust & Banking	BK	Japan	82.31	82.31	–
44	34	Crédit Lyonnais	BK	France	81.67	65.33	16.33
45	39	Nomura Group	IM	Japan	79.95	79.95	–
46	40	Mitsui Mutual Life	IN	Japan	79.36	79.36	–
47	55	Norwich Union	IN	UK	78.19	68.28	9.91
48	56	ABN Amro	BK	Netherlds	76.56	31	45.57
49	52	Gartmore Investment Man.	IM	UK	75.97	70.45	5.52
50	45	BNP	BK	France	74.63	68.64	5.99
101	110	Union Bancaire Privée	BK	Switz.	32.22	32.22	–
102	100	Nippon Dantai Life	IN	Japan	31.47	31.47	–
103	104	Union Investment	IM	Germany	30.09	16.18	13.9
104	126	Sarasin	BK	Switz.	29.17	29.17	–
105	116	Guardian Royal Exchange	IN	UK	28.91	28.91	–
106	113	Arbejdsmarkedts Tillaegs	PF	Denmark	28.87	28.87	–
107	105	M&G	IM	UK	28.71	28.71	–
108	106	Friends Provident	IN	UK	28.4	26.04	2.36
109	201	Banca Commerciale Ital.	BK	Italy	28.28	28.28	–
110	130	Achmea	IN	Netherlds	28.22	27.65	0.56
111	109	Yasuda Fire & Marine	IN	Japan	27.99	27.99	–
112	121	Canada Life	IN	Canada	27.91	11.03	16.88
113	Ð	Sanpaolo	BK	Italy	27.41	27.41	–
114	124	Mutual Group	IN	Canada	27	25	2
115	114	Clerical Medical	IN	UK	26.98	26.98	–
116	112	Co-Operative Insurance	IN	UK	26.98	26.98	–
117	95	Groupe des Assur. Nat.	IN	France	26.6	26.6	–
118	162	Universities Superann.	PF	UK	26.32	26.32	–
119	117	Eidgenossische Versich.	IN	Switz.	26	26	–
120	161	TD Asset Management	IM	Canada	25.53	25.53	–
121	136	TAL Investment Counsel	IM	Canada	25.16	25.16	–
122	119	Colonia/Nord. Lebens.	IM	Germany	25	24	1
123	120	Victoria Feuer	IN	Germany	25	25	–
124	111	Dai-Hyaku Mutual Life	IN	Japan	24.93	24.93	–
125	122	PVF	IM	Netherlds	24.66	24.17	0.49
126	125	Scottish Amicable	IN	UK	24.54	24.54	–
127	146	Kredietbank	BK	Belgium	24.5	24.5	–
128	134	Sanlam	IN	South Af.	23.3	23.3	–
129	140	Bk of Ireland Asset Man.	BK	Ireland	22.81	22.81	–
130	129	Volksfürsorge	IN	Germany	22.5	20	2.5
131	158	Investors Group	UT	Canada	22.36	19.01	3.35
132	138	Henderson Investors	IM	UK	22.08	22.08	–
133	181	Riunione	IN	Italy	22.06	11.31	10.75
134	132	Gerling Konzern	IN	Germany	22	22	–
135	133	Iduna Group	IN	Germany	21.8	21.8	–
136	148	Baillie Gifford	IM	UK	21.73	21.73	–
137	166	INA	IN	Italy	21.49	21.49	–
138	143	Nissan Life	IN	Japan	21.25	21.25	–
139	177	Omers	PF	Canada	20.96	13.67	7.29
140	135	Mitsui Marine & Fire	IN	Japan	20.58	20.58	–
141	128	Lend Lease Invest. Man.	IM	Australia	20	20	–
142	152	Govt Empl. Pension Fund	PF	South Af.	19.8	19.8	–
143	142	IMI	BK	Italy	19.8	19.8	–
144	144	Sumitomo Marine & Fire	IN	Japan	19.58	19.58	–
145	137	Banco Bilbao Vizcaya	BK	Spain	19.5	19.5	–
146	157	British Gas	PF	UK	19.23	18.85	0.39
147	180	Mackenzie Financial Corp	IM	Canada	19.19	18.34	0.86
148	86	Groupe Royale Belge	IN	Belgium	19.07	19.07	–
149	171	Trimark Investment Man.	UT	Canada	19.04	18.85	0.19
150	131	Nippon Trust Bank	BK	Japan	19	19	–
151	149	SNS Group	BK	Netherlds	19	19	–
152	153	WestLB	BK	Germany	18.91	15.29	3.62
153	141	Folksam	IN	Sweden	18.7	18.7	–
154	172	Phillips Hager & North	IM	Canada	18.58	18.58	–
155	163	Liberty Life	IN	South Af.	18.54	17.24	1.3
156	174	National Provident	IN	UK	18.1	18.1	–
157	173	Uni Storebrand Group	IN	Norway	18	9	9
158	176	Sal Oppenheim	BK	Germany	17.76	16.82	0.95
159	156	Newton Investment Man.	IM	UK	17.61	17.61	–
160	155	Darier Hentsch	BK	Switz.	17.3	17.3	–
161	139	Danica Forsikring	IN	Denmark	17.13	17.13	–
162	147	Dai-Ichi Kangyo Asahi	IM	Japan	16.97	16.97	–
163	178	Pohjola	IN	Finland	16.86	1.01	15.85
164	214	Bayern Versicherung	IN	Germany	16.68	16.68	–
165	228	Deutscher Herold	IN	Germany	16.68	16.68	–
166	91	Scottish Widows	IN	UK	16.68	16.63	0.05
167	154	Delta-Lloyd	IN	Netherlds	16.46	16.46	–
168	193	Swissca Fondseleitung	IM	Switz.	16.45	16.45	–
169	186	Cazenove Asset Man.	IM	UK	16.45	16.45	–
170	191	British Petroleum	PF	UK	16.45	16.45	–
171	Ð	Nordbanken	BK	Sweden	16.38	16.14	0.25
172	159	Nippon Fire & Marine	IN	Japan	16.19	16.19	–
173	Ð	Fondigest	IM	Italy	16.08	16.08	–
174	115	La Baloise	IN	Switz.	16.05	3.28	12.77
175	Ð	Arca	IM	Italy	15.35	15.35	–
176	217	Hambros	BK	UK	15.3	15.3	–
177	168	Folktrygfondet	PF	Norway	15.2	15.2
178	150	Trygg-Hansa Spp Group	IN	Sweden	15.12	11.34	3.78
179	211	BHF Bank Group	BK	Germany	15.02	7.51	7.51
180	167	Cardif	IN	France	15	15	–
181	202	Shell	PF	UK	14.81	14.66	0.15
182	169	Philips	PF	Netherlds	14.8	14.17	0.63
183	Ð	Vontobel Group	BK	Switz.	14.53	14.53	–
184	190	Public Auth. Superann.	PF	Australia	14.33	14.33	–
185	216	Scottish Provident	IN	UK	14.31	10.86	3.46
186	203	Gothaer Versicherungsgr.	IN	Germany	14.08	14.08	–
187	221	CBA Financial Services	IM	Australia	14.07	14.07	–
188	183	Shell	PF	Netherlds	14	14	–
189	239	AIB Investment Managers	BK	Ireland	13.89	8.13	5.76
190	185	Les Fils Dreyfuss	BK	Switz.	13.8	13.8	–
191	206	Altimira Management	IM	Canada	13.7	13.3	0.4
192	184	Crédit National (Natexis)	BK	France	13.7	13.7	–
193	195	Allfonds Investment	IM	Germany	13.51	13.51	–
194	196	Cariplo	BK	Italy	13.4	13.4	–
195	182	Metaalnijverheid Bedrijf.	PF	Netherlds	13.32	10.21	3.11
196	188	Crédit Mutuel	BK	France	13.3	2.9	10.4
197	204	Nürnberger Lebensv.	IN	Germany	13.08	12.69	0.39
198	194	Athena	IN	France	13.04	12.38	0.66
199	187	Nichodo Fire & Marine	IN	Japan	12.9	12.9	–
200	192	Shin-Wako Group	IM	Japan	12.9	12.9	–
201	234	Unibank	BK	Denmark	12.85	12.85	–
202	244	Irish Life	IN	Ireland	12.83	11.4	1.43
203	179	NSW State Super Corp	PF	Australia	12.71	12.71	–
204	–	Singer & Friedlander	BK	UK	12.67	9.05	3.62
205	232	Sceptre Invest. Counsel	IM	Canada	12.58	12.58	–
206	199	Patria-Helvetia	IN	Switz.	12.5	12.5	–
207	231	Universal Investment	IM	Germany	12.42	12.42	–
208	240	GIO Australia Holdings	IN	Australia	12.4	10.4	2
209	212	Codan Group	IN	Denmark	12.4	12.4	–
210	226	RZB Austria	BK	Austria	12.25	12.25	–
211	215	British Airways Pension	PF	UK	12.23	12.23	–
212	189	Siemens	PF	Germany	12.2	12.2	–
213	208	Queensland Invest. Corp	PF	Australia	12.06	10.35	1.71
214	–	Edinburgh Fund Managers	IM	UK	12.01	12.01	–
215	209	Bouwnijverheid Bedrijfs.	PF	Netherlds	11.84	11.84	–
216	205	Alte Leipziger	IN	Germany	11.8	11.8	–
217	198	Dai-Tokyo Fire & Marine	IN	Japan	11.79	11.79	–
218	222	Stad Rotterdam	IN	Netherlds	11.74	11.74	–
219	213	Macquarie Invest. Man.	BK	Australia	11.73	11.53	0.2
220	249	Westpac Invest. Man.	IM	Australia	11.73	11.73	–
221	219	AIG Global Invest. Corp	IM	Canada	11.65	11.54	0.12
222	–	Credito Romagnolo	BK	Italy	11.54	11.54	–
223	245	Royal London	IN	UK	11.52	9.71	1.81
224	246	Fondiaria	IN	Italy	11.31	10.49	0.82
225	225	Chiyoda Fire & Marine	IN	Japan	11.29	11.29	–
226	200	Kokusai Group	IM	Japan	11.27	11.27	–
227	218	Württembergische Vers.	IN	Germany	11.2	11.2	–
228	197	Tokyo Life	IN	Japan	11.06	11.06	–
229	233	Canton Zürich	PF	Switz.	10.97	4.94	6.03
230	165	Permodalan Nasional	IM	Malaysia	10.9	10.9	–
231	–	Spar-Invest	BK	Austria	10.86	10.86	–
232	210	Comp. Parisienne de Rées.IM	France	10.85	10.63	0.22
233	220	Dai-Ichi Fire & Marine	IN	Japan	10.78	10.78	–
234	223	Koa Fire & Marine	IN	Japan	10.7	10.7	–
235	238	Global Asset Management	IM	UK	10.62	10.4	0.22
236	230	British Steel	PF	UK	10.6	10.6	–
237	227	Fuji Fire & Marine	IN	Japan	10.57	10.57	–
238	236	Huk-Coburg	IN	Germany	10.34	10.34	–
239	207	Taiyo Group	IM	Japan	10.11	10.11	–
240	175	Les Mutuelles	IN	France	10.07	10.07	–
241	224	Debeka Gruppe	IN	Germany	9.97	9.97	–
242	247	Connor Clark Lunn	IM	Canada	9.43	9.15	0.28
243	235	Deutsche Kronken	IN	Germany	9.4	9.4	–
244	237	Interpolis	IN	Netherlds	9.15	4.4	4.75
245	229	Asahi Group	IM	Japan	8.95	8.95	–
246	248	Jarislowsky Fraser	IM	Canada	8.8	8.8	–
247	101	Hamburg-Mannheimer	IN	Germany	8.73	8.73	–
248	164	PKA Pensions	IN	Denmark	8.7	0.79	7.92
249	–	McLean Budden	IM	Canada	8.65	8.65	–
250	–	Gjensidige Forsikring	IN	Norway	7.76	7.76	–
= Merged in 1998 to form UBS AG == Merging with General Accident * Crédit Agricole ranked 33 ** Merger in progress. Last year Hypobank ranked 58 and Vereinsbank 93

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InterSec 250 rankings 1 to 50 and 101 to 250

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