asset management

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Related to Investment management: Portfolio management, Investment banking

asset management

(business)
The process whereby a large organisation collects and maintains a comprehensive list of the items it owns such as hardware and software. This data is used in connection with the financial aspects of ownership such as calculating the total cost of ownership, depreciation, licensing, maintenance, and insurance.
References in periodicals archive ?
Trustees considering amending returns that previously limited investment management fees to 2% of AGI should seek litigation counsel's advice before amending.
For this reason, many companies hire an investment management consultant to help them sift through the options.
A CPA who offers investment management generally no longer will qualify for the so-called accountant's exclusion and must register as an investment adviser with the Securities and Exchange Commission or his or her state securities department.

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