The objectives of the MAAM are:
- To act as the representative body for its members and the asset management industry in Malaysia;
- To promote the asset management industry in Malaysia and to ensure the provision of a high standard of service to investors;
- To make representations to the Government, and regulatory authority or any other measures affecting the asset management industry in Malaysia;
- To consider, promote, review and make recommendations on legislative or other measures affecting the asset management industry in Malaysia;
- To promulgate standards of practice for the asset management industry in Malaysia;
- To promote proper conduct among asset managers in Malaysia;
- To promote research, training and education for the members of the Malaysian asset management industry; and
- To collect and disseminate statistical and other information relating to the asset management industry in Malaysia and elsewhere.