assets under management

Defined in Article 4, IFR Regulation

Definitions over time (2)

1. 09/01/2024 – today applies on 12/11/2026 Article 4, IFR Regulation Scope: Whole act Also: AUM

   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;

2. 05/12/2019 – 25/12/2019 Article 4, IFR Regulation Scope: Whole act Also: AUM

   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;

Used in (28 places in 11 provisions on 12/11/2026)

IFR Regulation (28 in 11)

Recital 18 · Recital 20² · Recital 23² · Recital 24 · Article 4² · Article 12 · Article 15² · Article 16³ · Article 17¹⁰ · Article 20³ · Article 60