What is asset management?

At its core, asset management is the holistic approach to overseeing every asset within an organization to maximize value and minimize costs and risks. These include both physical or tangible fixed assets and non-physical, or intangible assets.

Is Asset Management a big business?

Asset management is a giant business. In 2019, the top 500 largest asset managers worldwide oversaw $104.4 trillion worth of assets, according to Thinking Ahead Institute by Willis Towers Watson. These stratospheric numbers might make the term asset management seem way beyond your world.

What is business asset management?

Business asset management, a discipline that extends beyond the financial management of stocks and bonds, encompasses the strategic oversight of all valuable resources within an organization. This broad spectrum includes everything from tangible machinery and facilities to intangible assets like software and intellectual property.