Asset Management at BB

I reached out to people to get more info on AM and how the process is and they keep asking what role, which got me a bit confused. When BB banks post "Asset Management" internship openings what role are they referring to. I see some banks mention whether its Real estate, or research or PM but most don't. is there a specific/standard role that's implied when BB say "AM"

 

In my experience, AM postings for banks tend to overwhelmingly involve product management/sales or secondaries work (e.g. GS AIMS) for internship/direct postgrad work. Unless further specified, I would assume the following roles from highest to lowest likelihood: Sales, Product, Secondaries, Direct investing

 

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