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Background of asset mgmt cos

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Anonymous

16y ago
Updated: 8/17/2019

An 'Asset Management Company' is an investment management firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the investment company provides more diversification, liquidity, and professional management consulting service than is normally available to individual investors. Mutual fund houses are a common example of asset management companies.

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Wiki User

16y ago

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