Meaning of the word "assets under management" in English
What does "assets under management" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
assets under management
US /ˈæs.ɛts ˌʌn.dər ˈmæn.ɪdʒ.mənt/
UK /ˈæs.ɛts ˌʌn.dər ˈmæn.ɪdʒ.mənt/
Noun
1.
the total market value of the investments that a financial institution or investment manager handles on behalf of clients
Example:
•
The firm reported a significant increase in assets under management this quarter.
•
Their assets under management reached a new high.
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