Introducing: The Global AUM Calculation Tool

To further transparency and assist with the development of disclosures surrounding Assets Under Management, (AUM), the Global Standards Steering Committee (GSSC) developed the Global AUM Calculation Tool. This excel-based tool stipulates the main components of AUM and includes drop down menus to specify how each of the main components is reported within the calculation.  For example, with respect to unfunded commitments, the drop-down menu allows selection of either: included; not included; only included if fees are charged on said undrawn commitments; only included if legally/contractually committed towards and investment; or only included if contractually committed or earmarked to an investment. Once completed, the resulting amount of AUM can be reported with accompanying disclosures as deemed appropriate by the preparer.

The Global AUM Calculation Tool was created following the publication of the ‘Assets Under Management 2021’ paper which aimed to provide a clear overview of the main components considered by investment managers when calculating AUM. Depending on industry appetite to further narrow the number of divergent practices surrounding global AUM reporting, the GSSC will consider developing industry best practice calculation(s). 

We welcome all feedback!