Asset management refers to the systematic process of developing, operating, maintaining, and selling investments to achieve specific financial objectives. It involves managing portfolios of assets, including equities, fixed income securities, real estate, and alternative investments, on behalf of individuals, institutions, or corporations. Asset managers analyze market conditions, assess risk, and allocate capital to optimize returns while aligning with clients’ goals and risk tolerance. The sector is a critical component of global financial markets, influencing capital flows and economic growth.