Investable assets will total $80 trillion by 2017, according to new report.
Tiburon Strategic Advisors, Tiburon, Calif., discloses this finding in a summary of results from in the 2013 edition of Investable Assets: Investable Assets: Dominant Mutual Funds, Growing ETFs, & Everything Else.” The research explores the market for investable assets, including mutual funds, exchange-traded funds, hedge funds and a dozen other investable asset products.
The report reveals that investable assets market firms have gathered $63.1 trillions in assets under management (including $13.1 trillion by mutual fund companies), generating $162 billion in revenues. The AUM figure represents a 30% since 2004, but is down from its peak of $69.4 trillion in 2007.
More than half of U.S. households, the study adds, have money in the stock market. Consumer households have over $5.5 trillion in equities, a decrease of 40% since 2002. Consumers have invested $12.0 trillion of their investable assets & retirement plan assets in equities.