What Is the Role and Function of Asset Management Firms?

What Is the Role and Function of Asset Management Firms?

www.avendus.com/india

Asset Management Company Every growing business needs to hire an asset management firm at some point in their business life. Asset management firms are those firms that help a business manage their assets, that means, taxes, liabilities. Returns, and helps them decide what kind of asset to invest in and what kind of assets should they sell off. Asset management involves giving a direction to the investment portfolio of their client. They indulge in both tangible and non-tangible assets and manages assets on behalf of their clients. The main aim is to help the client grow, while being careful of the financial risks. www.avendus.com/india

What They Do The role of an asset manager assigned to a client is typically to decide what kind of investments to make. This involves using micro and macro analytical tools to research about what may be the best options for their clients. This involves doing a deep study of the statistics, interviewing company officials (if needed) and anything else that maybe required in order to appreciate the asset value of their client overall. Assets that the managers usually advice on investing into are real-estate, stocks and shares, mutual funds, alternative investments, and equity. www.avendus.com/india

Types of Asset Management There are majorly seven types of asset managements, namely, financial asset management, enterprise asset management, infrastructure asset management, public asset management, IT asset management, fixed assets management, and digital asset management. With each of these types in place, the picture becomes clearer for the asset manager to figure the area in which of asset should their client invest in so as to reap good benefits at the end of the tenure.

www.avendus.com/india

Investing in ESG By now it is understood that just investing the money is not enough, but you also need to invest it smartly. Asset management firms help their clients do just that. High profile clients also need to invest in something known as the ESG funds. ESG funds are like a benchmark or a bar according to which the credibility of a company in judged. It tells us about how much the company cares about doing their business ethically and socially. It also helps potential investors to decide whether they should invest in a company or not. www.avendus.com/india

Qualities Asset Managers Need to Have The clients that these asset management firms take up are usually the ones with high net worth as these firms typically have some investment minimums. A little less taxing than investment banking, which works on a heavily volatile market, asset managers do need to be on their toes all the time to handle client concerns. They also need to be well informed about the ongoing market conditions and should be able to smell a loss before it comes their way, so that, they can take their client’s asset out of the investment. www.avendus.com/india

Thank You

www.avendus.com/india