Assets under management (AUM) - Financial definition
Financial acronyms
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Concise definition of the term assets under management
Assets under management is a measure of the total market value of all financial assets which a financial institution or investment manager manages on behalf of its clients.
Comprehensive definition of the term assets under management
AUM is a measure of size and success of an investment management firm, as it serves as a base for the calculation of the fees which these charge their clients: The higher the AUM, the higher the potential for profit.