By contrast, European non-EU-based firms are 42% in equities and 24% in FI on average, similar to US-based firms (46% in equities and 24% in FI). Interestingly, the US-based firms that provided figures were, on average, 10% in private assets, much higher than European firms (2%). Although European firms were much higher in ‘other’ (18% versus 6% for US-based). (Table 3c)Fund administrationSome 23 different fund administrators were used by the 33 Top 50 firms that provided data. (Table 4)DomicilesSome nine different domiciles were listed by the 29 of the Top 50 firms that provided data.