Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group. It may apply to both tangible assets such as buildings and to intangible concepts such as intellectual property and goodwill. Asset management is a systematic process of operating, maintaining, upgrading, and disposing of assets cost-effectively, (American Association of State Highway and Transportation Officials). Alternative views of asset management in the engineering environment are: The practice of managing assets to achieve the greatest return (particularly useful for productive assets such as plant and equipment), and the process of monitoring and maintaining facilities systems, with the objective of providing the best possible service to users (appropriate for public infrastructure assets). Most active money managers produce worse returns than an index, such as the Standard & Poor's 500. (the main reason for this is that no matter how well the fund tracks the index, the manager will take out their fee, reducing the return).
Read more about Asset Management: Infrastructure Asset Management, Historical Background of Asset Management, Financial Asset Management, Enterprise Asset Management, Public Asset Management or Corporate Asset Management (CAM)
Other articles related to "asset management, management, assets, asset":
1998 - Line data* (Asset Management), France 1998 - BDB (Employee Savings Insurance), France 1999 - Bimaco (Asset Management), Luxembourg 2000 - Pen ...
... LakeView Asset Management, LLC is an American investment consultancy, specializing in customized account management for high net worth individuals and Asset Management ...
... With combined total assets of EUR 1,620 trillion as of December 2010, the 7 Landesbanken-Groups employ some 44.000 people ... DekaBank with its subsidiaries is the central asset manager of the German Savings Bank Finance Group ... Based in Frankfurt and Berlin it provides asset management services for the Sparkassen and the Landesbanken and their customers ...
... A Standard of Service (SoS) is used in Infrastructure Asset Management to define the service that a customer is entitled to receive ... of the services they are entitled to receive provide a foundation for the asset management plan enable regulators to measure the performance of the organisation form the basis of the internal ... so that performance can be audited effectively, and provide a sound foundation for Asset Management ...
... Public asset management (also referred to as corporate asset management) expands the definition of enterprise asset management (EAM) by incorporating the management of all things of value to a municipal ... An EAM requires an asset registry (inventory of assets and their attributes) combined with a computerized maintenance management system (CMMS) ... All public assets are interconnected and share proximity, and this connectivity is possible through the use of GIS ...
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