Asset under management definition sets measurement by annual average of monthly averages of managed fund value. Definition of Asset under management: it denotes the portion of a fund managed by the fund manager, calculated as the annual average of the monthly ... Summary
Asset under management definition sets measurement by annual average of monthly averages of managed fund value.
Definition of Asset under management: it denotes the portion of a fund managed by the fund manager, calculated as the annual average of the monthly averages of the opening and closing balances of the value of that managed part of the fund.
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