what are basically asset management co. and there role
CA Manikandan Raghunath
( )
(609 Points)
Replied 08 June 2010
Asset management refers to the professional management of investments such as stocks and bonds, along with real estate. Typically, asset management is only practiced by the very wealthy, as the services of a professional firm can demand considerable sums of money, and successful asset management usually requires a large and diverse portfolio. Numerous professional firms and investment banks offer asset management services, which are often handled by a team of financial professionals for the best results.