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Asset management is a function whereby organisation collect and maintain a comprehensive list of the items it owns such as hardware, software, fixed assets, intellectual property etc.. This data is used in connection with the financial aspects of ownership such as calculating the total cost of ownership, depreciation, licensing, maintenance, and insurance. Asset Manager are trained on these and related tasks for invetsment management, portfoloio management, investment strategy. They also use investment advisors for making the right decisions. There are advisory services also that specialize in offering expert advice on asset management.
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