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    <description>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.</description>
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      <description>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.</description>
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