Asset management is the practice of increasing wealth over time by acquiring, maintaining, and trading investments that can grow in value. It involves carefully selecting and managing various financial assets to achieve financial goals and secure a stable future.
Financial assets refer to intangible or tangible assets that have monetary value and can be bought, sold, or traded in financial markets. These assets include stocks, bonds, mutual funds, derivatives, real estate, and cash equivalents.
The Israel Securities Authority recently promulgated its revised legislative proposal addressing the applicability of securities laws to financial assets. This move aims to provide more comprehensive regulation and protection for investors who engage in financial asset transactions.
Asset managers and management firms develop portfolios and manage money by investing client funds in stocks, bonds, real estate, and other financial assets. Their expertise and knowledge help clients maximize their returns and minimize risks.
The Financial Accounting Standards Board (FASB) is looking to improve the accounting treatment for acquired financial assets that fall under the fair value measurement category. This initiative aims to enhance transparency and accuracy in financial reporting.
In the ever-evolving sphere of global finance, traditional banking institutions often act as gatekeepers, placing formidable barriers in the path of individuals seeking access to financial assets. However, advancements in technology and the rise of fintech have brought about alternative investment platforms that provide greater accessibility and democratize asset management.
PRNewswire/ -- Freedom Financial Asset Management (FFAM), an Achieve company, was named ABS Issuer of the Year in the 2023 GlobalCapital US awards. This recognition highlights the company's excellence in managing financial assets and delivering outstanding results for its clients.
