GICALE, DEANNA MAE T.

ACT1107 – Sec 5

Webinar No. 5: Audit Risk and Response: Asset Management

Speaker: Mr. Aldous Sarmiento

When you enter in the real world, we will realize the value of every money that
we earn. It is our common problem that every time we received money, we are eager to
spend it for nothing or we do not know where to invest it or are we just going to save it
in our piggy bank or open a savings account. In short, it is very hard to handle our
money/assets.

In this webinar, the speaker discusses about the importance of Asset

Management. Technically, Asset Management is defined during webinar as the
direction of all or part of a client's portfolio by a financial services institution, usually an
investment bank, or an individual. Institutions offer investment services along with a
wide range of traditional and alternative product offerings that might not be available to
the average investor. If you have a difficulty on managing your money or assets, it is
best to consult into an asset manager and they will be going to assist you where to put
your money in a good hand.

During the Asset Management, it composes of Providers of Capital, Asset

Managers, and Users of Capital. Providers of Capital are us, the investors. Asset
Managers are the ones who helps the clients in achieving specific investment goals,
and for the business to meet their capital needs. Lastly the Users of Capital, they are
the ones who will going to manage your investment and give the providers or clients a
good return. In total, asset management is important as it helps the clients or investors
to understand the capabilities of their assets and in order to know how these assets can
be operated in the most effective and efficient manner.