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For study purposes, we can refer to other sources but then we have to make it in our own words. Applying/Copying content will be act as Plagiarism which does not support.
Passive portfolio management is also referred to as index fund management.
The portfolio is designed to parallel the returns of a particular market index or benchmark as closely as possible.
The purpose of passive portfolio management is to generate a return that is the same as the chosen.
Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager or investment counselor for the client's account.
The term "discretionary" refers to the fact that investment decisions are made at the portfolio manager's discretion.
In discretionary PMS, the portfolio manager individually and independently manages the funds and securities of each client in accordance with the needs of the client.
Money management refers to the processes of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group.
The term can also refer more narrowly to investment management and portfolio management.
Money management is a broad term that involves and incorporates services and solutions across the entire investment industry.
In the market, consumers have access to a wide range of resources and applications that allow them to individually manage nearly every aspect of their personal finances.
As investors increase their net worth, they also often seek the services of financial advisors for professional money management.
Financial advisors are typically associated with private banking and brokerage services, offering support for holistic money management plans that can involve estate planning, retirement, and more.
In the growing financial technology market, personal finance apps exist to help consumers with nearly every aspect of their personal finances.
Investment company money management is also a central aspect of the investment industry.
Investment company money management offers individual consumers investment fund options that encompass all investable asset classes in the financial market.
Investment company money managers also support the capital management of institutional clients, with investment solutions for institutional retirement plans, endowments, foundations, and more.
Global investment managers offer retail and institutional investment management funds and services that encompass every investment asset class in the industry.
Two of the most popular types of funds include actively managed funds and passively managed funds, which replicate specified indexes with low management fees.
The list below shows the top 5 global money managers by assets under management (AUM) as of Q1 2021: Conclusion
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