Macquarie tops list of Australia's largest fund managers, enters world's top 50
Jonathan ShapiroSenior reporter
Updated
Macquarie Group has emerged as the fastest growing among the top 500 global asset managers over five years, breaking into the top 50 list of the world's biggest funds, according to asset consultants Towers Watson.
The Sydney headquartered financial services firm's transition from investment bank to asset manager has seen it grow assets under management by more than 250 per cent since 2010, when measured in Australian dollar terms, and 200 per cent in US dollar terms, according to the annual survey of the top 500 fund managers.
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