- "Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors."
A study of investment management, including the roles and responsibilities of investment managers, investment advisory services, fiduciary duties, and regulatory requirements.
Introduction to Investment Management: This topic provides an overview of investment management and its importance in the financial services industry.
Securities Law: This topic deals with securities regulation and is important for understanding the legal framework within which investment management operates.
Markets and Investments: This topic covers different types of investments and markets such as equity, debt and derivatives.
Financial Analysis and Reporting: This topic deals with understanding financial statements and analyzing financial data to make investment decisions.
Portfolio Management: This topic deals with the process of managing a portfolio of investments and maximizing returns while minimizing risk.
Investment Strategies: This topic deals with various investment strategies such as value investing, growth investing, and passive investing.
Risk Management: This topic deals with identifying and managing investment risks that may arise in different investment types and markets.
Ethics and Professionalism: This topic deals with ethical practices and professional standards, which are important in ensuring trust and confidence in the investment management industry.
Asset Allocation: This topic covers the optimal allocation of investments across asset classes and is important in portfolio management.
Performance Measurement and Evaluation: This topic covers different methods of measuring investment performance and evaluating the effectiveness of investment strategies.
Investment Vehicles: This topic covers different types of investment vehicles, such as mutual funds, hedge funds, and private equity, and their characteristics.
Compliance and Regulation: This topic covers the regulatory environment for investment managers and the steps necessary to ensure compliance with regulations.
Mutual funds: A mutual fund is a professionally managed investment product that pools money from multiple investors to purchase securities.
Exchange-traded funds (ETFs): ETFs are similar to mutual funds, in that they pool money from multiple investors to purchase securities. However, they trade like stocks on an exchange.
Hedge funds: Hedge funds are investment partnerships that are only available to accredited investors. They have a reputation for being high-risk, high-return investments.
Private equity: Private equity funds are investments in private companies that are not publicly traded. Investors typically provide capital to the fund, which is used to purchase equity in the target company.
Real estate investment trusts (REITs): REITs are companies that own and manage real estate properties, such as apartments or office buildings. They are traded like stocks on an exchange.
Separately managed accounts (SMAs): SMAs are personalized investment portfolios managed by a professional portfolio manager. They are typically designed to meet specific investment objectives or goals.
Unit Investment Trusts (UITs): A UIT is an investment company that purchases a fixed portfolio of securities and holds them to maturity.
- "Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or REITs."
- "The term investment management is often used to refer to the management of investment funds, most often specializing in private and public equity, real assets, alternative assets, and/or bonds. The more generic term asset management may refer to management of assets not necessarily primarily held for investment purposes."
- "Most investment management clients can be classified as either institutional or retail/advisory, depending on if the client is an institution or private individual/family trust."
- "Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management within the context of "private banking"."
- "Wealth management by financial advisors takes a more holistic view of a client, with allocations to particular asset management strategies."
- "The term fund manager, or investment adviser in the United States, refers to both a firm that provides investment management services and to the individual who directs fund management decisions."
- "According to a Boston Consulting Group study, the assets managed professionally for fees reached a historic high of US$62.4 trillion in 2012"
- "the assets managed professionally for fees reached a historic high of US$62.4 trillion in 2012, after remaining flat since 2007"
- "and were then expected to reach US$70.2 trillion a year later."
- "The five largest asset managers are holding 22.7 percent of the externally held assets."
- "the market concentration, measured via the Herfindahl-Hirschmann Index, could be estimated at 173.4 in 2018"
- "showing that the industry is not very concentrated."