Keywords you gotta add on your CV to be shortlisted for PB/AM Interviews‼️
For
the reason of the wide range of common knowledge between PB or AM,
which makes it easier to prepare for the interviews, HKCareers has
always been recommending students who are interested to apply for both.
Therefore, HKCareers would like to share with you the keywords for AM
and PB: ✅AUM,✅HNWI,✅NAV! If you are interested in PB & AM, make sure
you read this!
.
1️⃣Assets Under Management
⭕️Meaning: The total value of assets managed by Mutual Fund, Hedge Fund and Private Bank
⭕️Appearance:
AUM is mainly used to measure the scale of asset management business of
fund management companies, investment banks or financial holding
companies.The larger the AUM, the stronger the industry position of the
bank/company. Changes in AUM are affected by asset price changes,
increase or decrease in customer funds, exchange rate changes, etc.
Generally speaking, an increase in AUM means that the market value of
the fund's assets has increased or there is an inflow of customer funds.
Thus, changes in the funds invested by customers are very important for
measuring AUM
LIKE this if you find it helpful! We'll share the other keywords later!
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