Institutional fund management
DEFINITION of Institutional fund management
Institutional fund management is fund management conducted by large financial firms such as banks, insurance companies and major investment organisations (e.g. Fidelity or Vanguard). The activity of institutional fund management has several facets e.g. employment of professional fund managers, research (e.g. of individual assets and asset classes), dealing, settlement, marketing, internal audit, the preparation of reports for clients.