Market Size of North America Mutual Fund Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Mutual Fund Market Analysis
The COVID-19 situation is harming the funds' portfolio firms' short-term (within one year) and medium-term (within two to three years) growth prospects, with negative consequences on revenues, costs, and profitability. The role traditionally played by Private Equity Fund (PE Fund) investments in supporting private sector development in Emerging Markets (EMs) is being challenged by the COVID-19 pandemic.
North America's real economy has shown to be surprisingly durable. Last year began with a COVID-19-induced steep decline in GDP and skyrocketing unemployment, followed by a return to economic dormancy. The bounce-back was even more pronounced in the financial markets: following a 34% fall in US equity markets in March 2020, share prices climbed steadily to hit 34% above their pre-COVID-19 highs by the end of August 2021.
In North America, AUM rose 13% in 2020, including net new flows of 2.3%. Organic growth was broad-based, with five of seven major client categories showing positive net flows.
Canadians are still saddled with some of the world's most expensive mutual fund fees, even though several lesser-known independent fund companies provide quality active management at a reasonably low cost.
