What exactly does the asset management department of a securities company do?

Asset management department generally refers to the entrusted management of assets operated by securities institutions, that is, the client gives his assets to the trustee, and the trustee provides financial services for the client. Asset management business is a new business developed by securities institutions on the basis of traditional business. In foreign mature securities markets, investors are mostly willing to entrust professionals to manage their own property in order to obtain stable income. Securities institutions manage assets entrusted by investors by setting up subsidiaries. Investors entrust their own funds to well-trained professionals for management, which avoids unnecessary risks that may be caused by lack of professional knowledge and investment experience, and also has a certain stabilizing effect on the development of the entire securities market.