code | industry | title | description | crossReferences | activities |
---|---|---|---|---|---|
523920 | Portfolio Management | Portfolio Management | This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio.
Illustrative Examples:
Managing trusts
Pension fund managing
Mutual fund managing
Portfolio fund managing
Cross-References. | ["Establishments primarily engaged in investment banking, securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage."] | View relation |