I'm trying to understand the concept of average assets under management. Could someone explain what it means and how it's calculated in the financial industry?
7 answers
Giulia
Sat Oct 26 2024
By using AAUM, investors and fund managers can gain insights into the stability and growth of the fund's assets over time.
SamsungShineBrightnessRadianceGlitter
Sat Oct 26 2024
It is calculated based on the Assets Under Management (AUM) at the start of a specific period and the end of each month within that period.
ShintoSpirit
Sat Oct 26 2024
The calculation involves dividing the sum of AUM at these points by the total number of months in the period, plus one.
Stefano
Sat Oct 26 2024
This method provides an average value of the assets being managed over the given time frame.
CryptoQueen
Sat Oct 26 2024
Average Assets Under Management (AAUM) is a key metric used to evaluate the performance of investment funds.