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Asset management institutions are companies managing funds of, among others, individuals, businesses, foundations and governments. These types of companies are also often called asset, fund or investment management companies. The people who are in charge of managing the funds are interchangeably referred as asset managers, fund managers, investment managers and portfolio managers. Asset management institutions can be either independent companies or affiliated with some major financial institutions such as commercial banks, insurance companies, investment banks and universal banks.

*Tulisan ini diterbitkan pada Islamic Finance News, 21 October 2020