They have 16,600 employees, with $5.1 trillion under management. They only have 400 funds, which typically would have just one or two fund managers. That's a ra

They have 16,600 employees, with $5.1 trillion under management. They only have 400 funds, which typically would have just one or two fund managers. That's a ratio of 20:1 admin staff to fund managers, assuming two fund managers per fund.