Investment

Asset management is often used when referring to investment management of collective investments. Fund management refers to all forms of institutional investments in addition to investment management for private investors. The skill of a successful investment manager exists in forming the asset allocation and the individual holdings separately so as to outperform certain benchmarks. Basically, when referring to investment managers who practice discretionary or advisory management for private investors, we refer to their services as portfolio management or wealth management. Private banking is also a term used with the term portfolio manager