What does Aum stand for in banking?

Assets Under management (AUM) is defined as the total amount of assets under the oversight of a particular asset management company, such as a mutual fund. Some institutions only count discretionary funds, meaning funds that investors give for investment purposes, while other institutions also count bank deposits and more. What Does AUM Stand For?

What is assets under management (AUM)?

Assets under management (AUM) is the total market value of the investments managed by a person or entity on behalf of investors. AUM fluctuates to reflect the flow of money in and out of a fund and the price performance of the assets. A fund's management fees and expenses are often calculated as a percentage of AUM.

What is a mutual fund Aum & how does it work?

Mutual funds, especially large funds, are constantly updating their AUM, which they may also refer to as net assets. Because the calculation of AUM involves determining the market value of assets, any institution’s AUM will naturally fluctuate on a daily basis.