Asset management is a "joined in" organisational activity used to realise value from its controlled resources. Asset management evolved from simple maintenance, which was treated as a "necessary evil" in the 1970s, to the current position, i.e., among the core functions of organisational strategies and closely dependent technology. Studying of the asset management evolution is vital in providing valuable insights into the inclusiveness and global scope of asset management research. Thus, this study aimed to investigate the evolution and dissemination of asset management research; determine the main areas that are being debated in research on asset management; and identify the prominent authors in research into asset management and their collaborations. A bibliometric analysis was conducted comprised of 4,190 published items of literature pertaining to asset management indexed in the Scopus database in January 2021. Findings showed that asset management attracted Western scholars' attention in its early growth period, beginning from 1965. The number of publications increased steadily until the 1990s, a rise that accelerated during the 2000s. Asset management research has become well-developed, but inclusiveness has yet to be properly promoted. A positive cross-country collaboration has been achieved; however, there is a gap in asset management research in certain countries compared to the rest of the world. Future studies should explore and bridge any potential gaps in asset management development, and focus on varied asset management strategies across various countries.