Fund Management Company

From Open Risk Manual

Definition

Fund Management Company. The party that sets up the fund, decides the investment strategy, appoints the agents, and is responsible for the promotion and the marketing of the fund. It makes all of the important decisions related to the fund. Also called fund promotor or fund sponsor or fund manager.

In the US: operates on a percentage of the Portfolio assets under management.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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https://spec.edmcouncil.org/fibo/ontology/CIV/Funds/CIV/index-en.html +