Asset Management

WHAT IS ASSET MANAGEMENT?

  • In broad terms, asset management (also known as investment management or fund management) refers to the process by which people and companies manage investments on behalf of others.
  • This involves the balancing of costs, opportunities and risks against the desired performance of assets, to achieve the organisational objectives.
  • The Institute of Asset Management defines assets as follows: “An asset is an item, thing or entity that has potential or actual value to an organisation”
    • Thus, the term ‘assets’ refers not only to securities (shares, bond, etc.) but also to physical assets such as real estate.
  • The term asset management most often refers to the investment management of collective investments of institutions or private investors.

MAIN ROLES

  • Analyst
    • Analyses stocks, predicts their future outlook and circulates his or her research internally
  • Investment manager (also known as portfolio or fund manager)
    • Responsible for investing clients’ funds in a portfolio of stocks.
    • Work of analysts and investment managers is closely interrelated as both rely heavily on in-depth research performed by analysts.

REQUIRED SKILLS

  • Interpersonal skills and the ability to thrive in pressured environments.
  • Further, an affinity for the markets is always valuable.
  • You need to have a reasonable level of numeracy, have an open and inquisitive mind and be able to express your ideas concisely
  • Language skills are also often advantageous.