Glossary entry

Dutch term or phrase:

toevertrouwde vermogens

English translation:

funds/assets under management

Added to glossary by Ken Cox
Mar 22, 2006 10:19
18 yrs ago
Dutch term

toevertrouwde vermogens

Dutch to English Bus/Financial Finance (general) product brochure
General context: annual report of a Belgian holding company (in the section for a bank subsidiary).

Specific context (representative):

Bank XXXX legt zich toe op vermogensbeheer voor een ruim cliënteel van voornamelijk particulieren. Het toevertrouwde vermogen per 31.12.2005 bedroeg xxx miljard euro.

Bank XXXX heeft haar resultaat verhoogd met 21% tot € xxx miljoen (€ xxx miljoen in 2004). Dit resultaat is te danken aan het gunstige beursklimaat, het voorzichtige beheer en de verdere stijging (37%) van de toevertrouwde vermogens tot € xxx miljard (2004: € xxx miljard).
Gebaseerd op de stijging van de vermogens toevertrouwd door het cliënteel verwacht de groep een verdere groei van het resultaat in 2006.

De brutobedrijfsopbrengsten stegen met 47% van € xxx miljoen tot € xxx miljoen.
De voornaamste bijdrage werd geleverd door de verdere netto-aangroei van de beheerde vermogens (+ 36%).

This seems to be a set phrase, which appears in varous forms in (primarily) Belgian texts. The vast majority of google hits for the direct translation 'entrusted assets' are from non-native sources (mostly Japanese and Chinese). Perhaps it's equivalent to 'assets under management', or perhaps 'total customer accounts'.

Proposed translations

+3
21 mins
Selected

funds/assets under management

there are various ways this is expressed, given the resources that financial institutions invest in marketing; one more elegant than the next.
Peer comment(s):

agree Tina Vonhof (X)
6 hrs
agree Willemien Rijsdijk : AUM is indeed the standard expression in the context of investment management (vermogensbeheer)!
11 hrs
agree CI95
1 day 1 hr
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4 KudoZ points awarded for this answer. Comment: "Thanks. I went with a flexible approacy (AUM where it phrase appears by itself, 'entrusted...' where it appears in the form 't.v. van klanten'."
6 mins

Deposited assets

Bron: Terminologie Financieel Management (van Amerongen). Toevertrouwde gelden: deposited or entrusted funds
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+1
8 mins

entrusted assets

is the usual translation in annual statements of banks and financial instiutions

see refs:

China Merchants Bank -- Entrusted InvestmentKeeping: the China Merchants Bank keeps all the entrusted assets in safe, manages the bank accounts, funds account and shareholder accounts of the entrusted ...
english.cmbchina.com/corporate+business/financial/securitiescompany/stock8.htm


FAQs-Assets Custody Business-Corporate Banking-Industrial and ...How did ICBC carry out custody business of entrusted assets? ... The business scope of entrusted assets mainly includes: safe custody of assets, ...
www.icbc.com.cn/e_icbcmodule/thirdindex. jsp?column=Corporate+Banking%3EAssets+Custody+Business%3EFAQs

Peer comment(s):

agree tatiana voicu : ja
2 mins
Thanks, Tatiana (:-{)>
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