- Assets under management
Assets Under Management (AUM) is a term used by
financial servicescompanies in the mutual fundand money management, investment management, wealth management, and private bankingbusinesses to gauge how much money they are managing. Many financial services companies use this as a measure of success and comparison against their competitors; in lieu of revenue or total revenue they use total assets under management.
The difference between two AUM balances consists of market performance gains/(losses), foreign exchanges movements, net new assets (NNA) inflow/(outflow), and structural effects of the company, such as acquisitions. Investors are mainly interested in the NNA (sometimes called net new money or NNM), which indicate how much money from clients had been newly invested. Furthermore, it is common to calculate the key figure NNA growth, which shows the NNA in relation of the previous AUM balance on an annualized basis. NNA growth can also be referred to as
Client assets are transactional assets which are used as collateral for specific transactions, e.g. margin accounts.
* [http://www.russell.com/News/press_releases/pr20040223_WW_p.asp Russell Tops $100 Billion in Assets Under Management As More Investors Seek Multi-Manager Solutions]
* [http://www.sfc.hk/sfc/doc/EN/speeches/public/surveys/06/fmas2005_eng.pdf Fund Management Activities Survey 2005]
* [http://biz.yahoo.com/iw/070420/0241909.html PowerShares AUM Surpasses $10 Billion and Franchise Total Assets Approach $30 Billion]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Assets under Management — (AUM; deutsch: Verwaltetes Vermögen ) ist eine finanzielle Kennziffer zur Bewertung von Investmentgesellschaften, Versicherungsunternehmen, Vermögensverwaltungsgesellschaften und Banken (insbesondere Private Banking) und beschreibt das Volumen an … Deutsch Wikipedia
Assets under management — (AUM; deutsch: verwaltetes Vermögen ) ist eine finanzielle Kennziffer zur Bewertung von Investmentgesellschaften, Versicherungsunternehmen, Vermögensverwaltungsgesellschaften und Banken (insbesondere Private Banking) und beschreibt das Volumen an … Deutsch Wikipedia
assets under management — UK US noun [plural] (ABBREVIATION AUM) ► ACCOUNTING, FINANCE the investments that are managed by a bank or investment company, and their total value: »The company today reported assets under management of $163.1 billion … Financial and business terms
Assets Under Management - AUM — The market value of assets that an investment company manages on behalf of investors. Assets under management (AUM) is looked at as a measure of success against the competition and consists of growth/decline due to both capital… … Investment dictionary
Global assets under management — Global asset allocation or Global assets under management consists of pension funds, insurance companies and mutual funds. Other funds under management include private wealth and alternative assets such as hedge funds and private equity.… … Wikipedia
List of US Mutual Funds By Assets Under Management — This is a list of mutual funds in the United States ordered by assets under management as of October 2007. The numbers listed below are from MarketWatch … Wikipedia
Assets Under Administration - AUA — Financial properties that are managed by a bank or financial institution on behalf of clients. Assets under administration are beneficially owned by clients, and all investment decisions pertaining to these assets are also made by clients.… … Investment dictionary
management — the role of conducting and supervising a business. Glossary of Business Terms The people who administer a company, create policies, and provide the support necessary to implement the owners business objectives. Bloomberg Financial Dictionary * *… … Financial and business terms
Management Fee — A charge levied by an investment manager for managing an investment fund. The management fee is intended to compensate the managers for their time and expertise. It can also include other items such as investor relations expenses and the… … Investment dictionary
Under Secretary of Defense for Acquisition, Technology and Logistics — USD (AT L) Flag of an Under Secretary of Defense … Wikipedia