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.

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.
2007
NAICS
  2012
NAICS
  2017
NAICS
  Corresponding Index
Entries
523920 523920 523920  Investment management
523920 523920 523920  Managing investment funds
523920 523920 523920  Managing mutual funds
523920 523920 523920  Managing personal investment trusts
523920 523920 523920  Managing trusts
523920 523920 523920  Mutual fund managing
523920 523920 523920  Pension fund managing
523920 523920 523920  Personal investments trusts, managing
523920 523920 523920  Portfolio fund managing
523920 523920 523920  Private equity fund managing