From Longman Business Dictionaryasset managementˈasset ˌmanagementFINANCE1the managing of money for investment so that it makes as much profit as possible, for a financial institution or for another person or organizationUS Trust Corp. specializes in asset management and private banking.2the managing of a company’s property so that it is used in a way that makes as much profit as possibleAs part of its plan to increase its ability to manage properties, Citicorp has already opened new asset management offices. → management
