Have you ever wanted to invest without having to go through the rigors of choosing the right asset or even having the technical knowledge of how to go about investing? Well, an asset manager is just what you need.Asset management is the service of managing a client’s money. That means identifying a client’s financial goals and then working to accomplish those goals via portfolio management—buying and managing stocks, bonds and funds. They make well-timed investment decisions on behalf of their clients to grow their finances and portfolio. E.g Let’s assume your financial freedom goal $1,000,000, an asset manager will be in the best position to advise you on how to achieve this.
The goal of an asset manager is to grow a client's portfolio over time while mitigating risk and determining what investments to make, or avoid, that will grow a client's portfolio.Rigorous research is conducted utilizing both macro and micro analytical tools. This includes statistical analysis of the prevailing market trends, and anything else that would aid in achieving the stated goal of client asset appreciation.
Asset management companies provide investors with more diversification and investing options than they would have gotten by themselves. Mutual funds, hedge funds and pension plans are all run by asset management companies. These companies earn income by charging service fees to their clients…
Want to know more on asset management, read part 2