Top 10 Largest Investment Companies in the World, Including SoftBank

SoftBank Group Corp. has canceled its planned investment in Indonesia's new capital city project in Kalimantan. The Japanese investment firm had previously offered US$40 billion, equivalent to Rp 572 trillion, to develop Nusantara.

Generally, an investment firm is a company that pools funds from individual investors and invests those funds in various types of securities or other asset instruments. These firms manage trillions of assets from their clients worldwide.

According to Companies Market Cap data, here are the 10 largest investment firms in the world by current market capitalization:

1. Berkshire Hathaway – US$ 722.62 billion
2. Prosus – US$ 174.32 billion
3. Morgan Stanley – US$ 152.76 billion
4. Prologis – US$ 109.39 billion
5. BlackRock – US$ 104.45 billion
6. Brookfield Asset Management – US$ 84.51 billion
7. Blackstone Group – US$ 83.78 billion
8. Crown Castle – US$ 75.04 billion
9. Public Storage – US$ 64.21 billion
10. SoftBank – US$ 64.17 billion

Berkshire Hathaway is the world's largest investment firm, with a current market capitalization of US$ 722.62 billion. Berkshire Hathaway's core business is insurance, including property and casualty insurance, reinsurance, and non-standard specialty insurance.

The company is controlled by Warren Buffett, one of the world's most talked-about investors. Currently, Berkshire owns a diverse range of businesses, including candy retail companies, newspaper publishers, household appliance retailers, encyclopedia sales, and others.

(Read More: Saudi Arabia Participates in the IKN Project, This is the History of its Investment in Indonesia)