Belongings Underneath Control (AUM): Definition, Calculation, and Instance

Belongings Underneath Control (AUM): Definition, Calculation, and Instance

What Are Assets Under Management (AUM)? Assets under management (AUM) is the total market value of the investments that a person or entity manages on behalf of clients. Assets under management definitions and formulas vary by company. In the calculation of AUM, some financial institutions include bank deposits, mutual funds, and cash in their calculations. Others limit it to funds under