523920 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.
Cross-References. Establishments primarily engaged in investment banking and securities dealing, securities brokering, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage.
|No change 1997 to 2002||2002 NAICS to 1987 SIC||1997Economic Census||Bridge Between 1997 NAICS and SIC|
|Corresponding Index Entries|
|523920||523920||Managing investment funds|
|523920||523920||6282||Managing mutual funds|
|523920||523920||6282||Managing personal investment trusts|
|523920||523920||6282||Mutual fund managing|
|523920||523920||6371||Pension fund managing|
|523920||523920||6733||Personal investments trusts, managing|
|523920||523920||Portfolio fund managing|