AUM

Assets under management measures the scale of assets or capital a firm manages under its stated reporting methodology. Reported AUM, fee-paying AUM and the contractual management-fee base may differ.

Also called Assets under management

AUM in round numbers

Hypothetical: US$8,000m is fully fee-paying at an annual management-fee rate of 2% throughout the year. Gross annual fees are US$160m before offsets or waivers. The calculation assumes that this entire amount is the contractual fee base; reported AUM alone does not establish that assumption.

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Hypothetical annual gross management fees; fixed fee base all year
MeasureAmount
Contractual fee base, fully fee-paying all yearUS$8,000m
Annual fee rate2%
Annual gross fees before offsets or waiversUS$160m

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