Assets under management

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Assets under management (AUM), also known as funds under management, is a term used in the world of finance to refer to a measurement that determines the total market value of all of the financial assets that are controlled by an individual, a financial institution (such as a mutual fund, venture capital firm, or depository institution), or a decentralised network protocol, typically on behalf of a client. In other words, AUM is another name for funds under management. When it comes to a financial institution that has mutual funds or its own venture capital, these funds may be handled either for the customers or users of the institution or for the institution itself. There may be variations in both the concept of AUM and the method used to calculate it from one entity to the next.