Dhaka, Jan. 20 -- Asset management is the industry within finance that manages other people's money in the hopes of outperforming the financial markets, usually the stock market. It is often referred to as 'the buy-side' because firms in this industry are involved in buying securities and assets.

The typical asset manager is a mutual fund manager. Mutual funds contain the vast majority of actively or passively managed assets around the world. These funds pool together investments from regular individuals or institutions and invest them into financial securities. Each fund has one or more asset managers and several employees work together to maximise investors' returns.

Asset management in Bangladesh: The financial services industry of B...