Money managers that offered fixed-income products came out ahead in 2009, according to Institutional Investor's II 300: America's Biggest Money Managers list.
Claiming the top spot is BlackRock, with $3.3 trillion in assets. Following close behind is State Street Global Advisors with $1.9 trillion. Its assets have grown by $467 billion since the end of 2008. Vanguard Group also did well, coming it at No. 5 on the list with $1.2 trillion in assets. Allianz Global Investors of America, which owns PIMCO, entered in at No. 7 with $1.1 trillion in assets.
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