Asset Management

Asset management, a term commonly used in the financial world, involves any system that monitors and keeps things of value in an entity or group, whether they are tangible assets (such as machinery, gold, buildings or land), intangible assets (such as patents, trademarks, human capital, intellectual property or goodwill) or financial assets (such as stocks or bonds, which can be traded on financial markets).

Asset Management refers to the balancing of costs, opportunities and risks against the desired performance of assets, to achieve the organizational objectives. It usualy describes people (for example fund managers) and companies (for instance, firms that manage the assets of a pension fund) that manage investments on behalf of others.

Asset Management in Spanish: Gestión de Activos

Asset Management in French: Gestion d’Actifs

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By Financial Translator