In 2013, Fortune listed BlackRock on its annual list of the world's 50 Most Admired Companies.[14] In 2014, The Economist said that BlackRock's $4 trillion under management made it the "world's biggest asset manager", and it was larger than the world's largest bank, the Industrial and Commercial Bank of China with $3 trillion.[27] In May of the same year, BlackRock invested in Snapdeal.[28]