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10 Best Asset Management Stocks to Buy Right Now

In this article, we will take a look at the 10 best asset management stocks to buy right now.

Asset management plays a critical role in the financial services sector, and its importance is widely recognized by institutional and retail investors alike as they seek professional guidance amid looming uncertainty in the U.S. market, driven by geopolitical tensions and shifts in macroeconomic indicators.

An early-January report from Mordor Intelligence estimated that the United States’ asset management market would reach $70.97 trillion in 2026 and $125.98 trillion by 2031. This reflects a compounded annual growth rate of 12.16%. However, excerpts from Morningstar’s report “US Asset Manager Industry Report: Q4 2025” suggest that “risks and rewards remain delicately balanced.” The report states:

“Traditional asset managers continue to face ongoing pressure as passive investment products steadily gain market share and place downward pressure on fees. Meanwhile, alternative managers are cautiously navigating market uncertainty—offering glimpses of resilience but falling short of a full recovery.“

That said, the conflict with Iran has severely impacted the U.S. financial environment. CNBC reported on March 2, 2026, that the tension between Iran and the U.S. and Israel has triggered a surge in oil prices. It also noted that Brent crude futures are rising rapidly. Thierry Wizman, global FX and rates strategist at Macquarie Group, noted that throughout history, war has had a negative influence on supply and brought an upward momentum to costs related to maritime shipping and insurance premiums, leading to inflationary issues.

Some market experts are maintaining a resilient outlook despite these shocks. Emmanuel Cau, head of European equity strategy at Barclays, stated that although the Middle East conflict raises stagflationary risks, it is unfolding amid a favorable growth policy mix and resilient earnings. However, amid this uncertainty, informed decision-making is highly advisable when making investments.

Against this backdrop, we have put together a list of the 10 best asset management stocks for investors.

Image by Alexsander-777 from Pixabay

Our Methodology

To identify the 10 best asset management stocks to buy right now, we screened for asset management companies with analyst price targets at least 20% above current market prices, ensuring each has strong upside potential. We then ranked stocks by the number of hedge funds holding a stake in each. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. All the pricing data are current as of market close on March 11, 2026.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).

10. HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI)

Number of Hedge Fund Holders: 13

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) is one of the 10 best asset management stocks to buy right now.

On March 4, 2026, Mizuho raised its price target on HA Sustainable Infrastructure Capital, Inc. from $34 to $41 and maintained an Outperform rating on the stock. As per the research note, the firm updated its model to include the asset management fee business. It further noted the resilient growth and attributed it to the company’s minimal sensitivity to near-term policy shifts or softening end-market demand.

Earlier, on February 20, 2026, HA Sustainable Infrastructure Capital, Inc. announced pricing of a $400 million offering of 6.000% green senior unsecured notes due 2036. The transaction was expected to yield approximately $395.5 million in net proceeds, with the company intending to utilize the proceeds from the transaction to refinance existing debt. This includes its 8.00% Senior Notes due 2027 and outstanding credit facilities. Eventually, HA Sustainable Infrastructure Capital, Inc. will direct an equivalent amount towards eligible green projects to reinforce its commitment to sustainable infrastructure. The notes are guaranteed by several of the company’s subsidiaries, which ensures structural support for this long-term environmental financing initiative.

Founded in 1981, HA Sustainable Infrastructure Capital, Inc. is a Maryland-based climate-positive investment firm. It focuses on providing capital to energy efficiency, renewable energy, and sustainable infrastructure markets.

9. Brookfield Asset Management Ltd. (NYSE:BAM)

Number of Hedge Fund Holders: 33

Brookfield Asset Management Ltd. (NYSE:BAM) is one of the 10 best asset management stocks to buy right now.

On March 3, 2026, Brookfield Asset Management Ltd., alongside British Columbia Investment Management (BCI) and Norges Bank Investment Management, launched Northview Energy, a joint venture focused on North American renewable assets. The three partners will equally own and fund a seed portfolio of 22 newly operational solar and wind projects. Their total capacity amounts to approximately 2.3 gigawatts. The platform is backed by long-term power purchase agreements averaging 16 years and offers stable and de-risked cash flows. Additionally, the framework agreement allows for up to $1.5 billion in future acquisitions from Brookfield Asset Management Ltd.-managed companies. With this partnership, the firm strengthens its footprint in the U.S. and Canadian clean energy markets.

Separately, on the same day, Brookfield Asset Management Ltd. announced the establishment of a $1 billion private placement commercial paper program to issue unsecured notes. With this move, the firm aims to secure an additional source of short-term capital that would potentially allow it to diversify and strengthen the company’s balance sheet. Brookfield Asset Management Ltd. intends to use the proceeds from the issuance for general corporate purposes.

Founded in 2022, Brookfield Asset Management Ltd. is a global alternative investment firm focused on long-life real assets across infrastructure, renewable power, real estate, and credit. Its headquarters is in New York.

8. Raymond James Financial, Inc. (NYSE:RJF)

Number of Hedge Fund Holders: 39

Raymond James Financial, Inc. (NYSE:RJF) is one of the 10 best asset management stocks to buy right now.

On March 2, 2026, Raymond James Financial, Inc. announced the completion of the acquisition of GreensLedge Holdings LLC, a boutique investment bank. GreensLedge has a focus on structured credit and securitization. The acquisition, announced on October 14, 2025, was intended to deepen the company’s capital markets capabilities. Upon its completion on March 2, 2026, President of Capital Markets and Advisory at Raymond James Financial, Inc., Jim Bunn, said that the acquisition will expand its fixed income and enhance the company’s institutional value.

Integrating their structured product capabilities meaningfully expands our fixed income offering and deepens the value we provide to institutional clients.

In a separate event, on February 19, 2026, Raymond James Financial, Inc. announced the Board of Directors’ approval for the quarterly cash dividend. Accordingly, shareholders as of record on April 1, 2026, will be eligible to receive the quarterly dividend of $0.54 per share, payable on April 15, 2026.

Founded in 1962, Raymond James Financial, Inc. is a diversified financial services firm headquartered in Florida, known for its advisor-centric model.

7. Corebridge Financial, Inc. (NYSE:CRBG)

Number of Hedge Fund Holders: 41

Corebridge Financial, Inc. (NYSE:CRBG) is one of the 10 best asset management stocks to buy right now.

On March 10, 2026, Corebridge Financial, Inc. saw its price target cut by $3 by TD Cowen. The firm’s analyst lowered the price target on the stock from $38 to $35, while maintaining a Buy rating, following the Q4 results. Similarly, on March 11, 2026, Barclays analyst Alex Scott reduced the price target on the company from $34 to $33 while maintaining an Overweight rating on the stock. The update was part of the firm’s revision of price targets on the life insurance group. It follows a re-evaluation of cash flows and private credit exposures to better distinguish actual investment risks from market perceptions.

Earlier on February 9, 2026, Corebridge Financial, Inc. released its fourth-quarter and full-year 2025 results. The report noted a record $42 billion in sales in 2025. It also included an announcement declaring a 4% increase in dividends. Accordingly, shareholders of record as of March 17, 2026, will be paid a dividend of $0.25 per share of common stock on March 31, 2026.

Founded in 1926 as American General and spun off from AIG in 2022, Corebridge Financial, Inc. is a leader in retirement and insurance, with headquarters in Texas.

6. Invesco Ltd. (NYSE:IVZ)

Number of Hedge Fund Holders: 41

Invesco Ltd. (NYSE:IVZ) is one of the 10 best asset management stocks to buy right now.

On March 6, 2026, Evercore ISI analyst Glenn Schorr cut the firm’s price target on Invesco Ltd., lowering it from $31 to $29. Glenn kept an In Line rating on the company’s stock. The firm revised sector price targets following an initial assessment of February and first-quarter flows for traditional asset managers.

In another development, on March 10, 2026, Invesco Ltd. reported preliminary assets under management (AUM) of $2,257.7 billion for February 2026 – a 1.2% increase compared to the previous month. The firm attributed the growth to a $4.7 billion in net long-term inflows and $13.5 billion in money market activity. In addition to this, the firm also saw $9 billion in favorable market returns. This was partially offset by a $1.1 billion currency-related decline. And the average active AUM for the quarter through February reached $1,142.8 billion.

CNN recorded a Buy rating from 43% of 14 analysts following the stock. The 1-year median price target was set at $30.

Founded in 1935, Invesco Ltd. is a leading independent global investment manager with headquarters in Georgia.

5. Affiliated Managers Group, Inc. (NYSE:AMG)

Number of Hedge Fund Holders: 48

Affiliated Managers Group, Inc. (NYSE:AMG) is one of the 10 best asset management stocks to buy right now.

On February 23, 2026, Bank of America revised its price target on Affiliated Managers Group, Inc., moving it up from $443 to $479, while maintaining a Buy rating on the company’s stock. The review is part of the firm’s reassessment of EPS forecasts for various brokers, asset managers, and exchanges following their recent financial reports, to reflect the latest performance data and address changes in market trends.

Prior to this, Affiliated Managers Group, Inc. reported its fourth quarter and full year 2025 earnings results on February 12, 2026, highlighting a 22% increase year over year increase in annual economic earnings per share, reaching $26.05. On the same day, the firm announced plans to expand its global private markets presence through investments. It acquired a minority stake in HighBrook Investors, a real estate manager focused on U.S. data centers and European logistics, and increased its investment in Garda Capital Partners, a fixed-income relative-value specialist. With these transactions, the company intends to strengthen its partnerships with independent firms and capture a range of alternative returns.

Founded in 1993, Affiliated Managers Group, Inc. is a strategic partner to independent investment firms. Its headquarters is in Florida.

4. Ares Management Corporation (NYSE:ARES)

Number of Hedge Fund Holders: 51

Ares Management Corporation (NYSE:ARES) is one of the 10 best asset management stocks to buy right now.

Barclays reduced its price target on Ares Management Corporation by $52, from $190 to $138, on March 2, 2026. The firm’s analyst kept an Overweight rating on the company’s stock. The update was part of the revision of estimates on the alternative asset manager group. Citing reduced flow assumptions and weaker realization trends, the firm sets downward estimates for business development companies.

Prior to this, on February 24, 2026, RBC Capital also revised its price target on Ares Management Corporation, lowering it from $180 to $173. The firm maintained an Outperform rating on the stock. According to the firm’s analyst, Bart Dziarski, 65% of the company’s managed assets are allocated to private credit, which exposes Ares Management Corporation to the negative sentiment surrounding private credit across the alternatives. However, the research note also addressed de-rating as excessive.

As of March 11, 2026, CNN recorded a Buy rating on Ares Management Corporation from 74% of 19 analysts. The 1-year average upside potential stands at 63.27%.

Founded in 1997, Ares Management Corporation is a global alternative investment manager with a focus on assets across credit, private equity, and real estate. Its headquarters is in California.

3. Apollo Global Management, Inc. (NYSE:APO)

Number of Hedge Fund Holders: 74

Apollo Global Management, Inc. (NYSE:APO) is one of the 10 best asset management stocks to buy right now.

On March 2, 2026, Apollo Global Management, Inc. saw its price target from Barclays lowered by analyst Benjamin Budish from $158 to $131. Benjamin kept an Overweight rating on the stock. In the research note, the analyst told the investors that the firm is revising its estimates across the alternative asset manager space. Though the firm acknowledges the difficulty in evaluating the long-term impacts of AI on portfolio companies, it lowered its earnings estimates for business development companies, citing lower flow assumptions and realization.

In another development, on March 9, 2026, Siris, a leading private equity firm focused on critical technology infrastructure, has agreed to acquire a majority stake in Takkion from funds affiliated with Apollo Global Management, Inc.. Founded in 2019, Takkion is a renewable energy services leader with $600 Million in 2025 revenue. The deal, expected to close in the second quarter of 2026, will potentially allow Siris to capitalize on surging power demand from AI data centers.

Founded in 1990, the New York-based company, Apollo Global Management, Inc., is a global alternative asset manager specializing in high-yield credit, private equity, and retirement services.

2. KKR & Co. Inc. (NYSE:KKR)

Number of Hedge Fund Holders: 76

KKR & Co. Inc. is one of the 10 best asset management stocks to buy right now.

KKR & Co. Inc. was reportedly exploring a multibillion-dollar sale of CoolIT Systems, in a transaction value exceeding $3 billion. An article in the Financial Times reported on March 8, 2026, that the company is targeting a potential 10-fold return on its 2023 investment, driven by rapid growth in AI infrastructure. Post its transition from gaming to liquid cooling for data centers, there has been a surge in value as hyperscalers expand global capacity. Nearly 3,000 new data centers under construction or planned in the U.S. increase the stakes for the industrial cooling industry, with it the demand for CoolIT, the report says.

Separately, on March 2, 2026, Barclays analyst Benjamin Budish lowered the firm’s price target on KKR & Co. Inc. from $136 to $127. The firm maintained an Overweight rating on the stock. The adjustment follows the firm’s sector-wide revision for alternative asset managers. The analyst further noted in the research note that it cannot quantify the long-term impact of AI on portfolio companies, but it has lowered earnings estimates for business development companies based on lower flow assumptions and realizations.

Founded in 1976, KKR & Co. Inc. is a global investment leader pioneering the leveraged buyout industry. The company has its headquarters in New York.

1. Blackstone Inc. (NYSE:BX)

Number of Hedge Fund Holders: 84

Blackstone Inc. (NYSE:BX) is one of the 10 best asset management stocks to buy right now.

On March 3, 2026, Blackstone Life Sciences, a specialized life sciences investment platform of Blackstone Inc., entered a $400 million strategic funding agreement with Teva Pharmaceuticals. The agreement aimed at accelerating the clinical development of duvakitug, a monoclonal antibody targeting TL1A. It is currently in Phase 3 trials for ulcerative colitis and Crohn’s disease, following the success of Phase 2b data. Blackstone Inc.’s investment is spread over four years, and the firm will receive regulatory milestones and low single-digit global royalties upon FDA approval. Paris Panayiotopoulos, Senior Managing Director at Blackstone Life Sciences, gave the following statement.

Duvakitug has the potential to be a best-in-class therapy in a large and growing space, and the Teva and Sanofi teams are well positioned to develop and commercialize this important medicine.

In a more recent development, on March 5, 2026, Barclays analyst Benjamin Budish reinstated coverage of Blackstone with an Equal Weight rating and a $126 price target. Following a brief restriction period, the firm is covering the stock with unchanged ratings and earnings estimates.

Founded in 1985, Blackstone Inc. is the world’s largest alternative asset manager operating from its headquarters in New York.

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