Investment management is managing various securities such as shares or bonds to meet specific goals. The investor can be an institution including insurance companies, corporations, pension funds, educational establishments, private investors or charities. This is accomplished with investment contracts, mutual funds, exchange traded funds or real estate.
Quite often, the term asset management refers to the investment management of a group of investments. The more generic term of fund management usually refers to institutional investments or investment management for investors in the private sector. Portfolio management or money management is a term used by investment managers specializing in discretionary or advisory management for private and often wealthy investors.
Provisioning services for investment management includes financial statement analysis, stock and asset selection, ongoing investment monitoring and plan implementation. A large portion of the world’s biggest companies are in some way investment managers. An investment advisor is a firm providing services for investment management and an individual responsible for making the decisions regarding the funds.
A Boston Consulting Group study showed fees for professionally managed assets reached a high of $62.4 trillion in 2012. These statistics had previously been flat lined since 2007. The industry is highly concentrated with approximately 70,000 funds. Reports from fund managers show more than half of their inflows is placed in just three funds.
Matthew Autterson is an investment management professional. He is based out of Denver, Colorado. Matthew Autterson attended Michigan State University from 1975 until 1979. He believes neither bad news or good news move the market. It moves instead from surprises and he feels people need to be prepared.
Matthew Autterson feels in order to be a good investor you do not need to pick stocks or eschew all risk. He says in order to retire young you need to track your expenses and have a viable plan. Matthew Autterson also says you must cover the basics including deciding if you want to work part time after you retire, being certain of your health care coverage, checking on the value of your investments and deciding when your spouse will retire.