AUM
Market basicsAlso called: Assets under management
Assets Under Management — the total money a fund or manager runs.
In plain terms
A very large smallcap fund cannot buy small companies meaningfully. Size constrains strategy.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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