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 yourideas concisely