Asset management (AUM) \x0d\ What is the asset management scale: \x0d\ Asset management scale refers to an indicator to measure the asset management business scale of a financial institution, which is the total market value of assets currently managed by the institution. \x0d\ Application of asset management scale: \x0d\ This indicator is mainly used to measure the asset management business scale of fund management companies, investment banks, commercial banks or financial holding companies. The bigger the AUM, the stronger its position in the industry. For example, the AUM of UBS Group AG, Credit Suisse and Citigroup, the world's largest financial institutions, are all above trillions of dollars. The growth of AUM comes from the investment of old customers and the development of new customers, as well as the growth of asset market value. Therefore, when analyzing the change of AUM of financial institutions, it is necessary to distinguish whether this is due to the increase or decrease of the capital invested by customers or the change of the market value of assets. From the perspective of business development, the change of customers' investment funds is more important.