Assets Under Management (AUM)
What is Assets Under Management (AUM)?
The entire market value of the investments that a person or organization manages on behalf of customers is known as assets under management (AUM). Companies use different definitions and calculations for assets under management.
Some financial organizations factor cash, mutual funds, and bank deposits into their estimates of AUM. Others restrict it to funds that are managed at their discretion, in which case the investor gives the business permission to execute trades on their behalf.
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