Assets and Funds Management
Fund management is associated with managing the cash flows of both individuals and financial institution.
The responsibility of the fund manager is to assess the maturity schedules of the deposits received and loans given in order to maintain the asset-liability framework. This offer includes equity, fixed income, real estate, commodities and international investments that can help channel your funds to profitability.
Asset management encompasses the identification and management of risks that arise from the utilization and ownership of certain assets. This means that a firm will always be prepared to counter any risk that comes its way..
There are several reasons why businesses should be concerned about asset management, including:
- Since assets are checked on a regular basis, the process of asset management ensures that the financial statements associated with them are kept updated.
- Instances exist where lost, damaged, or stolen assets are still recorded on the books. With a strategic asset management plan, the firm’s owners will be aware of the assets that have been lost and, thus, not keep recording them in the books.
- Manage your time so you’ll get more done in less time