fund management
Investing other people's money
Fund management is the professional handling of investment portfolios—selecting securities, timing purchases and sales, and balancing risk against returns.
Fund managers oversee mutual funds, pension funds, hedge funds, and other pooled investments on behalf of clients: She's been in fund management for twenty years.
The term covers both the activity and the industry built around it.
- asset allocationDistributing investments strategically
- mutual fundsCollectively managed securities portfolios
- diversificationExpanding into varied areas
- hedge fundsPooled alternative investment vehicles
- due diligencePre-transaction reasonable care
cash · fiduciary duty · stress testing · venture capital · value investing · derivatives · stocks · private equity · bonds · hedging · index funds · equities · portfolio · capital gains · fees · allocate · holdings · wealth
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
- investingstocks, stock, bonds, investing, investor
- stewardshipland stewardship, environmental stewardship, conservation, trusteeship, custodianship
- philanthropydonations, charity work, donate, give, giving
- securitiessecurities, shares, equities, bonds, stocks
- financial controlsinternal controls, auditing, internal audit, financial oversight, checks and balances