Asset management

Asset management is like taking care of your toys or things you own, except it's for grown-ups and it's more complicated.

Let's imagine you have a lot of toys, and you want to make sure they're always in good condition, so you don't lose them or break them. You want to know where they are at all times and make sure they're stored safely.

Now, imagine adults have a lot of things they own, like money, property, and investments. They also want to make sure they're in good condition and stored safely. They hire someone called an asset manager to help them take care of all their things.

The asset manager's job is to make sure all the things are being used correctly, and they're worth what they're supposed to be worth. They also make sure things aren't getting damaged or lost, and they're insured in case of accidents.

Overall, asset management is like keeping track of all the things you own and making sure they're in good condition, except it's for grown-ups, it's more complex, and people pay others to do it for them.