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What is difference between assets under management and assets under administration??

  • 21-11-2013 3:00pm
    #1
    Closed Accounts Posts: 13


    Cheers


Comments

  • Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    tiles wrote: »
    Cheers

    You might want to give context... if you want someone to go to the trouble of answering you.


  • Registered Users, Registered Users 2 Posts: 194 ✭✭Ardeehey


    IN the case of investment funds anyway, assets under mgt would be the assets available to a single manager for investment purposes. Assets under admin would refer to the total assets that a fund administrator (or custodian) manage the books of and complete their usual work. Differnece being that the Administator/Custodian will deal with many different managers. Hope that makes snese.


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