answersLogoWhite

0

What is an Asset Management Company and What are Its Functions?An asset management company (AMC)is a legal entity that conducts a professional activity on the management of assets of collective investment institutions (CII) based on the license issued by the Securities and Stock Market State Commission of Ukraine.

An asset management company:

  • establishes CII;
  • places CII securities; engages agents that place securities among the investors;
  • exercises management of CII assets; after the money has been transferred to the CII's account, the AMC directs them to the purchase of assets with the aim to create the portfolio with the structure of the given CII specified in its Investment Declaration;
  • specialists of its analytical department analyze the markets of securities, real estate and other assets, the instruments of which form a part of the CII's assets;
  • specialists of its investment department are looking for new objects of investments;
  • specialists of its finance department perform daily revaluation of assets, draw up contracts on purchase and sale of assets, compile reports for government bodies that oversee and regulate the activities of AMC;
  • carries out routine activities of CII.

Vikas Chhajed (MBA, Finance)

e-mail id-- vikas007chhajed@yahoo.com

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What type of company is IT Asset Management?

IT asset management is not a company, but group of business practices. The practices link various business functions, such as financial and inventory, to help manage the IT environment and with decision making therein.


List of mutual funds in India?

A. Bank Sponsored 1. Joint Ventures - Predominantly Indian - Canara Robeco Asset Management Company Limited - SBI Funds Management Private Limited 2. Joint Ventures - Predominantly Foreign - Baroda Pioneer Asset Management Company Limited 3. Others - UTI Asset Management Company Ltd B. Institutions - LIC Mutual Fund Asset Management Company Limited C. Private Sector 1. Indian - Axis Asset Management Company Ltd. - Benchmark Asset Management Company Pvt. Ltd. - DBS Cholamandalam Asset Management Ltd. - Deutsche Asset Management (India) Pvt. Ltd. - Edelweiss Asset Management Limited - Escorts Asset Management Limited - IDFC Asset Management Company Private Limited - JM Financial Asset Management Private Limited - Kotak Mahindra Asset Management Company Limited(KMAMCL) - Quantum Asset Management Co. Private Ltd. - Reliance Capital Asset Management Ltd. - Religare Asset Management Company Ltd. - Sahara Asset Management Company Private Limited - Tata Asset Management Limited - Taurus Asset Management Company Limited 2. Foreign - AIG Global Asset Management Company (India) Pvt. Ltd. - FIL Fund Management Private Limited - Fortis Investment Management (India) Pvt. Ltd. - Franklin Templeton Asset Management (India) Private Limited - Goldman Sachs Asset Management (India) Private Limited - Mirae Asset Global Investments (India) Pvt. Ltd. 3. Joint Ventures - Predominantly Indian - Birla Sun Life Asset Management Company Limited - DSP BlackRock Investment Managers Private Limited - HDFC Asset Management Company Limited - ICICI Prudential Asset Mgmt.Company Limited - Religare AEGON Asset Management Company Pvt. Ltd. - Sundaram BNP Paribas Asset Management Company Limited 4. Joint Ventures - Predominantly Foreign - Bharti AXA Investment Managers Private Limited - HSBC Asset Management (India) Private Ltd. - ING Investment Management (India) Pvt. Ltd. - JPMorgan Asset Management India Pvt. Ltd. - Morgan Stanley Investment Management Pvt.Ltd. - Principal Pnb Asset Management Co. Pvt. Ltd. - Shinsei Asset Management (India) Pvt. Ltd. Pasted from <http://www.amfiindia.com/amfimembers.aspx>


What company would need an asset management system?

There are many companies that would need an asset management system as is can help save money for the company. If the company is a public institute or a school then it would be very beneficial to use an asset management system.


What is an it asset management?

An it asset management is the set of business practices that join financial, contractual and inventory functions to support life cycle management and to make decision making.


Does your company provide asset management training?

No, my company does not provide asset management training. However, many online companies do and so does many colleges in your local area.


What are the top asset management companies?

There are many asset management companies. Some of the top asset management companies are Capital Group Companies, Vanguard Investments, Sanford C. Bernstein and Company, SG Asset Management, Newton Fund Managers Ltd.


What does an asset management company do?

An asset management company takes care of a customer's financial investments by investing in a variety of securities. They diversify a customer's portfolio according to their personal needs.


What is asset management decision?

Hi, Asset management decision is that decision taken to manage the overall assets of a company. Company runs on assets and managing the assets effectively is one of the vital operation that the management has to do. Taking combine decision of the superior authorities regarding assets that how to manage and fit each company's asset is known as assets management decision. Thanks


Where can I find an expert in Atlanta, GA for asset management?

Here an asset management company in Atlanta that specializes in real estate holdings: http://www.invesco.com/


Where is Jupiter Asset Management?

"The fund management company, Jupiter Asset Management is headquartered in the United Kingdom. The main office address is 1 Grosvenor Place, London, SW1X 7JJ."


Functions of asset servicing?

Asset servicing encompasses a range of functions that support the management and administration of financial assets. Key functions include the safekeeping of assets, processing of transactions, income collection, corporate actions management, and performance measurement. Additionally, it involves providing reporting services to clients and ensuring compliance with regulatory requirements. Overall, asset servicing enhances the efficiency and effectiveness of asset management, allowing investors to focus on their core investment strategies.


What does Odey Asset Management do?

Odey Asset Management is a hedge fund management company, founded by Crispin Odey in 1991. They are based in Europe and overlook over 500 million dollars.