Industry Scope
The business of investment has several facets, the employment of professional fund managers, research (of individual assets and asset classes), dealing, settlement, marketing, internal auditing, and the preparation of reports for clients. The largest financial fund managers are firms that exhibit all the complexity their size demands. Apart from the people who bring in the money (marketers) and the people who direct investment (the fund managers), there are compliance staff (to ensure accord with legislative and regulatory constraints), internal auditors of various kinds (to examine internal systems and controls), financial controllers (to account for the institutions' own money and costs), computer experts, and "back office" employees (to track and record transactions and fund valuations for up to thousands of clients per institution).
Read more about this topic: Investment Management
Famous quotes containing the words industry and/or scope:
“... were not out to benefit society, to remold existence, to make industry safe for anyone except ourselves, to give any small peoples except ourselves their rights. Were not out for submerged tenths, were not going to suffer over how the other half lives. Were out for Marys job and Luellas art, and Barbaras independence and the rest of our individual careers and desires.”
—Anne OHagan (1869?)
“Revolutions are notorious for allowing even non- participantseven women!new scope for telling the truth since they are themselves such massive moments of truth, moments of such massive participation.”
—Selma James (b. 1930)