Investment management

Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or Real estate investment trusts.

The term investment management is often used to refer to the management of investment funds, most often specializing in private and public equity, real assets, alternative assets, and/or bonds. The more generic term asset management may refer to management of assets not necessarily primarily held for investment purposes.

Professionals working in investment management commonly hold undergraduate degrees in fields such as finance, mathematics, or accounting, and may also obtain advanced degrees or professional certifications. Their services can include advising clients on financial planning and investment strategies, including services associated with wealth management for high-net-worth individuals. Certain investment management activities in the United States are regulated by authorities such as the U.S. Securities and Exchange Commission. Investment professionals may also obtain industry certifications, including the Chartered Financial Analyst (CFA) designation.

Fund managers, or investment advisers in the United States, are generally considered fiduciaries and are required to act in the best interests of their clients.

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