the difference between asset management and risk management

Can anyone explain the the difference between Asset Management and risk management? what exactly does asset management do? and what kind of quantitative skill does it need? Thank you!

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hzsh2009

Can anyone explain the the difference between asset management and risk management? what exactly does asset management do? and what kind of quantitative skill does it need? Thank you!

In addition, is there any skills that it requires but being a trader doesn't? Or the other way around?
 

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