Asset management involves growing wealth through the acquisition, maintenance, and trading of investments. Financial advisors, portfolio managers, and asset managers typically perform these tasks with the ultimate goal of growing the overall value of an investment. The process does, however, involve an element of risk management — based on the client’s view of the balance between returns and risk.
Asset management is a specialized service that is attractive to wealthy individuals, governmental agencies, corporations, and pension funds. All of the investment decisions made by an asset manager must be in line with the client’s best financial interests in mind. Moreover, managers are required to act in good faith. A business consultancy with knowledge of particular regional or industry-linked market conditions can maximize your return on investment while managing risk.
