Talk:Asset management/Archives/2017

Main emphasis
I feel the main emphasis should be on the financial services term as most people are likely to come across the term in this context. Simon123 23:28, 20 December 2005 (UTC) I feel we should also cover Wealth Management as a seperate topic.

The definition of asset management used in this section as 'the method that a company uses to track fixed assets, for example factory equipment, desks and chairs, computers, even buildings' is too limited - this definition only applies to the activity of maintaining the asset register.

Simon123's comment is accurate in saying that most people interpret the term asset management as applying to financial services but asset management is a discipline that also applies to physical assets, such as buildings and facilities. From this persepctive, it might be better to reserve the term 'asset management' for financial assets and apply a separate term 'physical asset management' for physical infrastructure assets. However, I think it would be better to apply the term asset management to both financial and physical assets because the principles of asset management are common to both these asset classes.

In the financial sector, asset management determines the optimum mix of capital growth and income yield within a portfolio, just as physical asset managers balance the long and short-term pressures of acquiring, owning and disposing of infrastructure, plant and facilities.

I think that this page must alo include the difference between Asset management and wealth management. As it will help the reades in understading a very basic but crucial difference.-- Mohit Bhatia

I agree. Though the concept of asset management stretches across multiple disciplines, differentiation should be made among them. Defining terms should be used in conjunction with the type of asset management... IE. financial asset management, infrastructure asset management, physical asset management, public asset management, etc. Phil M. 04/7/15 — Preceding unsigned comment added by 108.34.23.73 (talk) 13:28, 7 April 2015 (UTC)

It strikes me that asset management is increasingly about managing licenses. So to see asset management as purely physical misses out on this trend. Take even a consumer situation: acquiring Kindle, music, etc. is often a licensing agreement with limited ability to pass the asset on in the case of death. However, consumers often don't understand the limitations on their rights. In organizational setting, the rights to assets, e.g. Office 365 are for a period of time. Knowing the extent of the license is critical to preventing unnecessary licenses or preventing illegal activities.Alistairdavidson (talk) 19:38, 21 November 2017 (UTC)Alistair Davidson