Extension:
The asset management business refers to the behavior that the asset manager operates the clients' assets, provides the clients with securities, funds and other financial products and collects fees according to the methods, conditions, requirements and restrictions agreed in the asset management contract.
asset management
Asset management can be defined as the actual process of putting the assets raised by institutional investors into the capital market. Although these two aspects are often intertwined in concept, in fact, from a legal point of view, asset managers may or may not be part of institutional investors. In fact, asset management can be an organization's own internal affairs or external affairs.