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Even the combined BlackRock/BGI will have only 3-5% of the global sum of assets under management.Some economies of scale exist.
( t_{j}^{E} ) represents the sum of assets, whereas ( t_{j}^{R} ) indicates the sum of liabilities for financial instrument j. d_{ij} = e'_{ij} /t_{j}^{E} d_{ij}^ = r'_{ij} /t_{j}^{R}.
In the liability-oriented system, matrices B and D are expressed as follows: b_{ij} = r_{ij} /t_{j} d_{ij} = e_{ij}^{{prime }} /t_{j}^{E} where ( t_{j} ) vector represents the sum of either assets or liabilities whichever is greater and ( t_{j}^{E} ) means the sum of assets.
I had amassed, through savings and investing (and by being cheap some would say), a decent sum of assets along with, most importantly, zero debt.
In a balance sheet, the total sum of assets must equal the sum of liabilities and owner's equity.
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In those cases, an estate can be more than a sum total of assets.
So far the sum total of assets returned to Arab spring countries amounts to two planes that belonged to Tunisia's former president, Zine al-Abidine Ben Ali, and his brother-in-law.
Total net financial assets in Australian dollars is the sum of government assets, plus net private domestic assets (individuals and businesses), plus net foreign assets.
The industry's history, and the success of hedge funds, strongly suggest that fund management is best done by smallish groups of people, and with modest sums of assets under management.
In equation 9 in Grossman's thesis full wealth is characterized as the sum of initial assets plus the present value of the earnings.
The sum of these assets is your total assets.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com