资产管理规模 Asset Under Management, AUM

资产管理规模是指衡量金融机构资产管理业务规模的指标，是该机构当前管理客户资产的总市值。该指标主要适用于衡量基金管理公司以及投资银行、商业银行或金融控股公司的资产管理业务的规模。AUM越大，说明其行业地位越强。如全球最大的金融机构瑞银、瑞信、花旗等AUM都在数万亿美元以上。AUM的增长一是来自于老客户投入资金的增长及新客户的开拓，二是资产市值的增长。所以，在分析金融机构AUM变动时要区分这是来自于客户投入资金的增减，还是因为资产市值的变化。从业务扩张角度而言，客户投资资金的变动更重要。

In finance, assets under management (AUM), sometimes called fund under management, measures the total market value of all the financial assets which an individual or financial institution—such as a mutual fund, venture capital firm, or depository institution—or a decentralized network protocol controls, typically on behalf of a client. These funds may be managed for clients/users or for themselves in the case of a financial institution which has mutual funds or holds its own venture capital. The definition and formula for calculating AUM may differ from one entity to another. 以下为相关例句，供参考：

例句1

Assets under management rise and fall. They may increase when investment performance is positive, or when new customers and new assets are brought into the firm. Rising AUM normally increases the fees which the firm generates. Conversely, AUM are reduced by negative investment performance, as well as redemptions or withdrawals, including fund closures, client defections and other generally adverse events. Lower AUM tend to result in lower fees generated.

资产管理规模有升有降。当投资业绩为正数时，或者当新客户和新资产进入公司时，它们可能会增加。上升的资产管理规模通常会增加公司产生的费用。相反，资产管理规模会因负面投资表现以及赎回或提款（包括基金关闭、客户流失和其他一般不利事件）而减少。资产管理规模越低，产生的费用越低。

例句2

Assets under management (AUM) is the total market value of the investments that a person or entity manages on behalf of clients. Assets under management definitions and formulas vary by company. In the calculation of AUM, some financial institutions include bank deposits, mutual funds, and cash in their calculations. Others limit it to funds under discretionary management, where the investor assigns authority to the company to trade on their behalf.

资产管理规模(AUM)是指个人或实体代表客户管理的投资的总市值。资产管理规模的定义和公式因公司而异。在计算资产管理规模时，一些金融机构将银行存款、共同基金和现金包括在内。其他人将其限制在全权管理的基金中，而投资者授权公司代表他们进行交易。

例句3

Methods of calculating assets under management vary among companies. Assets under management depends on the flow of investor money in and out of a particular fund and as a result, can fluctuate daily. Also, asset performance, capital appreciation, and reinvested dividends will all increase the AUM of a fund. Also, total firm assets under management can increase when new customers and their assets are acquired.

计算资产管理规模的方法因公司而异。资产管理规模取决于投资者资金进出特定基金的流量，因此可能每天都有波动。此外，资产表现、资本增值和股息再投资都会增加基金的资产管理规模。此外，当获得新客户及其资产时，公司总资产管理规模会增加。

例句4

Assets under management refers to how much money a hedge fund or financial institution is managing for their clients. AUM is the sum of the market value for all of the investments managed by a fund or family of funds, a venture capital firm, brokerage company, or an individual registered as an investment advisor or portfolio manager.

资产管理规模指的是对冲基金或金融机构为客户管理的资金。资产管理规模是由基金或基金家族、风险投资公司、经纪公司或注册为投资顾问或投资组合经理的个人管理的所有投资的市值总和。