nvstmnt mngmnt (smtms rfrrd t mr gnrlly s fnncl sst mngmnt) s th prfssnl sst mngmnt f vrs scrts, ncldng shrhldngs, bnds, nd thr ssts, sch s rl stt, t mt spcfd nvstmnt gls fr th bnft f nvstrs. nvstrs my b nstttns, sch s nsrnc cmpns, pnsn fnds, crprtns, chrts, dctnl stblshmnts, r prvt nvstrs, thr drctly v nvstmnt cntrcts/mndts r v cllctv nvstmnt schms lk mtl fnds, xchng-trdd fnds, r Rl stt nvstmnt trsts.
Th trm nvstmnt mngmnt s ftn sd t rfr t th mngmnt f nvstmnt fnds, mst ftn spclzng n prvt nd pblc qty, rl ssts, ltrntv ssts, nd/r bnds. Th mr gnrc trm sst mngmnt my rfr t mngmnt f ssts nt ncssrly prmrly hld fr nvstmnt prpss.
Mst nvstmnt mngmnt clnts cn b clssfd s thr nstttnl r rtl/dvsry, dpndng n f th clnt s n nstttn r prvt ndvdl/fmly trst. nvstmnt mngrs wh spclz n dvsry r dscrtnry mngmnt n bhlf f (nrmlly wlthy) prvt nvstrs my ftn rfr t thr srvcs s mny mngmnt r prtfl mngmnt wthn th cntxt f "prvt bnkng". Wlth mngmnt by fnncl dvsrs tks mr hlstc vw f clnt, wth llctns t prtclr sst mngmnt strtgs.
Th trm fnd mngr, r nvstmnt dvsr n th ntd Stts, rfrs t bth frm tht prvds nvstmnt mngmnt srvcs nd t th ndvdl wh drcts fnd mngmnt dcsns.
Th fv lrgst sst mngrs r hldng 22.7 prcnt f th xtrnlly hld ssts. Nvrthlss, th mrkt cncntrtn, msrd v th Hrfndhl-Hrschmnn ndx, cld b stmtd t 173.4 n 2018, shwng tht th ndstry s nt vry cncntrtd.