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 assets such as human capital, intellectual property, and goodwill and financial assets. Asset management is a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively.
The term is most commonly used in the financial world to describe people and companies that manage investments on behalf of others. These include, for example, investment managers that manage the assets of a pension fund.
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).
Asset management within the context of social housing in the UK is a relatively new specialism. It pertains to the function within a Housing Association, Arms Length Management Organisation or Local Authority housing department that is responsible for the long term management of social housing stock.
The aim of social housing is to provide housing that is affordable to people or tenants on low incomes. Asset management is a strategic planning tool driven by stock condition data to forecast future costs of maintaining housing stock. Often this includes the management of asbestos data.
There are two systems that play a vital role in the management of your housing stock. These are your housing management and asset management systems.
1) Housing Management; an operational management tool that deals with (among other things) rent collection, allocations, estates, repairs, tenant enquiries and contractors and is generally the core system used by a social landlord.
“If Ninna-ji Temple's over 1,100-year-old physical cultural heritage and digital assets are combined, it may be possible to create a cross-border business management model for the temple that will survive the next 50 to 100 years.
Moreover, he noted that “Ineco, at this time, plays an important role as instigator, pushing us towards models like InecoSAR that, thanks to their innovative nature, will allow us to manage asset management in a more flexible way.”.
The model can then be used by asset managers, risk managers as well as contractors, planners and engineers to analyse and stress-test key parts of the network in granular detail within a simulated digital environment ... digital modelling technology.
Total assets under management were 2.224 trillion euros at the end of 2023, up 82 billion euros from the end of 2022, and in line with the results in third-party asset management, including positive ...
This new model opened up new approaches for yield optimization and risk management ... They enhance asset management efficiency and effectiveness by automatically executing staking, unstaking and asset reallocation.
“With a proven service model designed for the complexities of managing these funds, we have developed deep relationships with many of the leading private capital asset managers ... Assets under management ...
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion in total assets under management* of which 39% is international.
Goal-based investing is a win-win for investors and fund houses as it prevents investors from redeeming for short-term needs, says Shamsher Singh, MD & CEO of SBI Funds Management... We aim to take asset management products to every Indian.
Markets in the week gone by were volatile and choppy ...Juniper Hotels is an asset heavy company and owns all the hotels which are currently managed by Hyatt. It would continue this model and remain an asset-owned hotel company ... ft ... ft ... Trade cautiously ... .
... in-person and virtually to evaluate best practices, such as service models, investing models and compliance records as well as quantitative data, such as revenue trends and assets under management.
With the launch of our first REIT, we elected to�rebrand to underscore our evolving business model, our diversification into REIT offerings, and our commitment to providing best-in-class investor relations and asset management services.