The World Of AUM
Let me introduce you to the World of AUM. It's a world that exists only in the Financial Sector, and unless you happen to be employed in that particular part of reality, you'll likely find what I'm about to tell you is more than a little strange.
AUM is an acronym for Assets Under Management, and today we will hear from 5 of the most significant residents of this very exclusive World. In order of significance, those five institutions are State Street Bank, Citigroup, Wells Fargo Bank, JP Morgan Chase, and Blackrock, Incorporated.
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