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What does aum mean? The application of aum.

1. The aum value, that is, the asset management scale, refers to an indicator to measure the asset management business scale of a financial institution, and it is the total market value of the assets currently managed by the institution.

2. Application of asset management scale: This indicator is mainly used to measure the scale of asset management business of fund management companies, investment banks, commercial banks or financial holding companies. The greater the AUM, the stronger its position in the industry. For example, the AUM of UBS, Credit Suisse and Citigroup, the world's largest financial institutions, are all above trillions of dollars.