What is Asset Management?

Asset management is investing clients’ money in the right assets to ensure optimum returns. Asset management companies (AMCs) make investment decisions on behalf of their clients. These companies usually serve huge organizations like insurance companies, pension funds, sovereign wealth funds, and High-Net-Worth Individuals.

Asset management is driven by an investment mandate. The mandate contains instructions to manage a certain pool of assets in a specific way. Asset managers follow these predetermined risk parameters and investment strategies. For these services, asset management companies charge a significant amount in fees.

to continue reading visit https://www.wallstreetmojo.com/asset-management/

By Mike Minutoli
Mike Minutoli Senior Director, Career Education and Coaching