Asset management

Asset management refers to the systematic approach of developing, operating, maintaining, and selling assets in a cost-effective manner. It involves managing a client's or an organization’s investments, focusing on maximizing returns while managing risk. The assets in question can include a wide variety of investment vehicles, such as stocks, bonds, real estate, commodities, and other financial assets. ### Key Components of Asset Management: 1. **Investment Strategy**: Asset managers develop strategies that align with the client's financial goals and risk tolerance.