asset management

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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.
This article is provided by FOLDOC - Free Online Dictionary of Computing (foldoc.org)
References in periodicals archive ?
Nikko AM has assets totaling 10.694 trillion ($90.7billion) under management, as of Sep 30, 2006.(2) It offers approximately 230 public investment trusts, ranging from basic to innovative products, to meet the diversified needs of retail and institutional investors.
(2) Consolidated Nikko AM Tokyo and its overseas subsidiaries' assets under management (includes advised assets).
With nearly 12 million s/f of diverse retail properties under management, Levin's portfolio ranges from downtown stores to small strip centers, and from lifestyle centers to power centers of more than 550,000 s/f.
These hooks can be used to actively manipulate objects under management.
Responsibilities: As founder and president of the investment management firm with approximately $5.6 billion in assets under management, he not only heads the management team but also serves as a portfolio manager and analyst.
Responsibilities: As part of the American Express financial services complex, he is responsible for the company's asset management group, which manages $28 billion for institutional and retail clients; Asset Management International, which provides global equity-management services to institutional clients and manages roughly $7 billion of assets; and the portfolio management group, which serves individual investors and smaller institutions and has $533 million in assets under management.
The businesses would be combined with LaSalle Partners Management Services to create the largest real estate management services company in the United States based on total square feet under management. The acquisition also would secure LaSalle's position as a facility management industry leader, by nearly doubling the size of its existing portfolio.