What is the difference between AUM and assets under administration?

AUM refers to the total market value of assets under management by an individual or a firm (not a fund) and is not expressed on a per-share basis. Assets under administration (AUA) measures the total assets that a financial institution provides administrative services.

What is an example of Aum?

AUM is the combined total of the current market value of all the assets a firm has under its control. For example, if a financial firm manages $6 billion in cash assets, $14 billion in fixed income, $20 billion in equities, and $4 billion in alternatives, its AUM would be $44 billion. Understanding changes in AUM

Why does Aum fluctuate daily?

AUM for an institution fluctuate daily depending on the following reasons: The money flowing in and out of the firm from new customers and redemption. The price fluctuations of assets held under management. Dividend reinvestment of assets held under management.

What does a high Aum mean?

When evaluating a specific fund, investors often look at its AUM as an indication of the size of the fund. Typically, investment products with high AUMs have higher market trading volumes making them more liquid, meaning investors can buy and sell the fund easily. What Is the Benefit of a Fund With a Large AUM?