Finance, insurance and real estate and rental and leasing IBSP

• 5A - Finance, insurance and real estate and rental and leasing

523920 - Portfolio management^US

This Canadian industry comprises establishments primarily engaged in managing the portfolio assets of others on a fee or commission basis. These establishments have the authority to make investment decisions, with fees usually based on the size and/or overall performance of the portfolio. Examples of establishments in this industry are pension fund managers and mutual fund managers.

• Illustrative example(s)

  • mutual fund management companies
  • pension funds, management

  All examples

• Exclusion(s)

  • buying and selling securities on a transaction fee basis (See 523120 Securities brokerage)