Asset Management

An Asset Management is a system that monitors and maintains things of value to an entity or group.

See: Intellectual Property, Goodwill (Accounting), Investment Management, Pension Fund, Public Infrastructure.

References

(Wikipedia, 2014) ⇒ http://en.wikipedia.org/wiki/asset_management Retrieved:2014-8-5.
- Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group. It may apply to both tangible assets such as buildings and to intangible concepts such as intellectual property and goodwill. Asset management is a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively.
  The term is most commonly used in the financial world to describe people and companies that manage investments on behalf of others. These include, for example, investment managers that manage the assets of a pension fund.
  Alternative views of asset management in the engineering environment are: the practice of managing assets to achieve the greatest return (particularly useful for productive assets such as plant and equipment), and the process of monitoring and maintaining facilities systems, with the objective of providing the best possible service to users (appropriate for public infrastructure assets).

http://www.investopedia.com/terms/a/assetmanagement.asp
- 1. The management of a client's investments by a financial services company, usually an investment bank. The company will invest on behalf of its clients and give them access to a wide range of traditional and alternative product offerings that would not be to the average investor.
  2. An account at a financial institution that includes checking services, credit cards, debit cards, margin loans, the automatic sweep of cash balances into a money market fund, as well as brokerage services.
- Also known as an "asset management account" or a "central asset account".