Explore asset management knowledge resources (2024)

FAQs

What is knowledge asset management? ›

The Knowledge Asset Management (KAM) capability is the ability to identify, capture, profile, classify, store, maintain, protect, and exploit the organization's knowledge assets in pursuit of business outcomes.

Proper asset lifecycle management is vital to ensuring your organization runs at peak efficiency. Asset lifecycle management is typically broken down into five stages: planning, acquisition, utilization, maintenance, and disposal.

The 3 methods most commonly used to manage asset management include 1) Manual organization with spreadsheets and process agreements 2) DAM (Digital Asset Management) Software purpose-built for managing your assets or 3) Asset management tools provided with centralized storage systems.

Asset management is the day-to-day running of a wealth portfolio. It is usually headed by an investment manager. The management of assets involves building a portfolio of investments. This includes assessing risks, finding opportunities, and developing an overarching strategy for reaching a set of financial objectives.

Types of knowledge assets include information, learning, ideas, understanding, insights, memory, technical skills, and capabilities. Knowledge assets reside in documents, databases, software, patents, policies and procedures, and more.

Experts in engineering, mathematics, or physics are generally hired for groups that manage multiple assets or for roles in trading and risk management, where the ability to work with data and models is of great importance.

The 5P's represent - People, Philosophy, Product, Process, Performance. In finance, the 5P's served as a rule-of-thumb guide for our evaluation of whether to invest in a particular fund - hedge funds or private equity funds in my context.

To summarize, effective asset management revolves around the three interconnected pillars of inventorying assets, assessing conditions and hazards, and maintaining assets.

Historically, the three main asset classes have been equities (stocks), fixed income (bonds), and cash equivalent or money market instruments. Currently, most investment professionals include real estate, commodities, futures, other financial derivatives, and even cryptocurrencies in the asset class mix.

Asset management is the practice of buying, selling, and managing investments, commensurate with specific risk tolerances, to increase wealth over time. Asset management professionals perform this service for clients. They may also be called portfolio managers or financial advisors.

Who are the big three asset managers? ›

A robust literature describes the incentives and stewardship practices of the “Big Three” asset managers (BlackRock, Vanguard, and State Street Global Advisors), often referring to these asset managers as “passive.” This is so common that the “Big Three,” “index fund,” and “passive manager” are used almost ...

The best course of study for Asset Management will vary depending on the specific needs of the individual or organization. However, some suggested courses of study for Asset Management include financial management, accounting, and business administration.

The International Infrastructure Management Manual (IIMM) defines Asset Management as: “The combination of management, financial, economic, engineering and other practices applied to physical assets with the objective of providing the required level of service in the most cost-effective manner.”

Knowledge management is defined as the process of creating, identifying, and managing knowledge of an organization and structuring it for effective and efficient use among its employees and teams. This article explains what knowledge management is today, its growing relevance, strategy best practices, and trends.

These assets encompass both tangible and intangible elements, such as documentation, patents, trade secrets, databases, research findings, and the implicit knowledge employees possess.

Assets are resources that either an individual or a company uses. Someone's personal assets may consist of their work experience or a life insurance policy, while a business's assets include things the company can use to generate revenue, like inventory or employees.

Knowledge Management enables and encourages the sharing of ideas, collaboration, and access to the latest information. It also allows individuals to stimulate innovation and the cultural changes needed to evolve the organization and meet changing business needs.