Gray will succeed Winestock in joining the Committee comprised of the companyâs 12 most senior executives. In his new position, the 51-year-old Gray will join UPSâs Management Committee, comprised of the companyâs 12 most senior executives.
Assets Under Management (AUM) Assets under management (AUM) refers to the total market value of investments managed by a mutual fund, money management firm, hedge fund, portfolio manager, or other financial services company. AUM generally changes according to the flow of money into and out of a particular fund or company.
The discussion page may contain suggestions. (May 2009) Initially pioneered by financial institutions during the 1970s as interest rates became increasingly volatile, asset and liability management (often abbreviated ALM) is the practice of managing risks that arise due to mismatches between the assets and liabilities.