Aseman Asset Management
Aseman Asset Management Private Joint Stock Company is a privately held Tehran asset manager incorporated in 2011. It provides discretionary portfolio management, investment-fund management, market making, financial advisory and research, with funds spanning fixed income, equities, mixed assets, banking-sector securities and gold. The firm is relevant to participants in Iran’s capital markets seeking managed-investment, fund-distribution or market-making relationships.
Market position
A Tehran-based specialist asset manager with a multi-asset fund range combining discretionary mandates, mutual funds, exchange-traded funds and market-making activity.
Operations & footprint
Products and services
Aseman Asset Management provides discretionary portfolio management, investment-fund management, asset-allocation and risk-assessment services, investment research, portfolio monitoring, and investment solutions for individual and institutional clients. Its managed product range includes fixed-income, equity, mixed, gold, and other regulated investment funds designed for different liquidity, return, and risk requirements. The company also publishes capital-market and debt-market research and provides investor consultation relating to managed portfolios and investment funds.
Operations and assets
Aseman manages dedicated portfolios and investment funds. Its disclosed fund range includes Aseman Yekam equity mutual fund; Aseman Armani equity ETF; Aseman Sahand fixed-income mutual fund; Damon fixed-income ETF; Banco banking-sector ETF; Hybrid mixed-asset ETF; Alton gold ETF; and Aseman Zagros market-making fund. The company stated assets under management exceeding IRR 49,780 billion as of 1 January 2024.
Geographic footprint
Tehran, Iran.
Ownership & group structure
Ownership
Private joint-stock company.
Commercial and investment relevance
Aseman is relevant for investors assessing Iran's professional asset-management industry, discretionary portfolio services, fixed-income and equity funds, gold investment products, debt-market analysis, and the allocation of household and institutional savings into regulated capital-market instruments. Due diligence should verify current ownership, paid-in capital, assets under management, fund-level performance and concentration, client-asset segregation, liquidity management, valuation procedures, proprietary-investment exposure, related-party transactions, fund governance, redemption risks, cybersecurity controls, anti-money-laundering procedures, regulatory sanctions or compliance findings, revenue concentration, and the accuracy of promotional performance comparisons. The company connects retail and institutional capital with Iranian securities through managed portfolios and funds. Its multi-asset product range makes it a relevant counterparty for distribution partners, custodians, brokers, market-infrastructure providers and institutional investors seeking local fund-manager relationships.
Constraints, risk & compliance
Key risks and constraints
Investment outcomes and redemption capacity depend on the liquidity, valuation and market conditions of underlying Iranian securities. Fund-level exposure differs materially across fixed-income, equity, gold, banking-sector and mixed-asset strategies, making mandate-specific due diligence essential.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What services does Aseman Asset Management provide?
Aseman provides discretionary portfolio management, investment-fund management, market making, financial advisory and capital-market research.
What types of funds does Aseman manage?
Its disclosed range includes equity, fixed-income, mixed-asset, banking-sector, gold and market-making funds, including both mutual funds and exchange-traded funds.
Where is Aseman Asset Management based?
The company is headquartered in Tehran, Iran, near Tavanir on Vali-e-Asr Avenue.
Is Aseman Asset Management publicly listed?
No. Aseman Asset Management Private Joint Stock Company is privately held.