Asset Manager
/ˈæsɛt ˈmænɪdʒər/
Definitions
- (n.) A professional or legal entity responsible for managing investment portfolios, property, or other assets on behalf of clients or organizations, ensuring optimal asset value and compliance with relevant laws.
The asset manager advised the trust on diversifying its investment portfolio to minimize risk.
Forms
- asset manager
- asset managers
Related terms
See also
Commentary
Typically involves fiduciary responsibilities and regulatory compliance; contracts often specify scope and authority of asset managers.
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.