What Is Portfolio Management?
Portfolio management is the process of building and maintaining an investment account. You can manage your own portfolio, or hire a portfolio manager or investment advisor.
Types of Portfolio Management
Active Portfolio Management
As the name suggests, in an active portfolio management service, the portfolio managers are actively involved in buying and selling.
Passive Portfolio Management
In a passive portfolio management, the portfolio manager deals with a fixed portfolio designed to match the current market scenario.
Discretionary Portfolio management services
In Discretionary portfolio management services, an individual authorizes a portfolio manager to take care of his financial needs on his behalf. The individual issues money to the portfolio manager
Non-Discretionary Portfolio management services
In non discretionary portfolio management services, the portfolio manager can merely advise the client what is good and bad for him but the client reserves full right to take his own decisions.
