Copyright © 2004-2008 The Professor Network. Some Rights Reserved. Designated trademarks and brands are the property of their respective owners. By accessing this site or its contents you agree to the below terms.
Asset management is the profession of managing the mix of a firm's assets.
The asset manager balances different types of assets in a manner which will serve the firm's best interests in terms if liquidity and profitability.
Improper asset management occurs when funds are tied up in a certain asset although they could be used more lucratively somewhere else.
Also see: asset
Have a Say about 'Asset Management'?