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Comments (3)

Feb 14, 2015 - 3:42pm


The way Ah see it, is that it took a revolution f a bihllion people for your darn short to work out!
Feb 14, 2015 - 4:34pm

This is very basic but I think it covers what you're looking for:…

AUM is equity. It's the value the investors in the fund could pull out if the whole thing liquidated today. Calculating this shouldn't be difficult for most funds; funds holding securities that are non-traded, non-public, or just very illiquid have a bit more work to do and there is a speculative element to calculating the value of those types of assets.

RAUM is total securities managed w/o deducting liabilities, so if a fund were highly levered, RAUM would greatly exceed investor's equity.

Apr 15, 2015 - 7:02pm

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