assets under management
Definitions over time (1)
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1. For the purposes of this Regulation, the following definitions apply:
‘assets under management’ or ‘AUM’ means the value of assets that an investment firm manages for its clients under both discretionary portfolio management and nondiscretionary arrangements constituting investment advice of an ongoing nature;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
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