Asset Management Company
/ˈæsɛt ˈmænɪdʒmənt ˈkʌmpəni/
Definitions
- (n.) A legal entity that manages investment portfolios on behalf of clients, typically investing in securities and assets according to specified mandates.
The asset management company oversees the pension fund's investments to maximize returns while managing risk.
Forms
- asset management company
- asset management companies
Related terms
See also
Commentary
In legal drafting, clearly define the scope of authority and fiduciary duties of an asset management company to mitigate liability risks.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.