NAICS Code 523920 Portfolio Management

The NAICS Code 523920 is described as
Portfolio Management

Investment management
Managing investment funds
Managing mutual funds
Managing personal investment trusts
Managing trusts
Mutual fund managing
Pension fund managing
Personal investments trusts, managing
Portfolio fund managing

Description

This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio.

Illustrative Examples:

Managing trusts

Mutual fund managing

Pension fund managing

Portfolio fund managing

Establishments primarily engaged in investment banking and securities dealing, commodity contracts dealing, or commodity contracts brokering are classified in Industry Group 5231, Securities and Commodity Contracts Intermediation and Brokerage.

(2019-08-02)

It belongs to the code group
NAICS Code 52392 Portfolio Management

To this Code "523920" belongs the sub codes
(No direct sub codes available)

The equivalent ISIC Code (Rev. 3.1) is

6602:	Pension funding
	Activités de caisses de retraite

The nearest NACE Code (Rev. 1.1) is

66.02:	Pensionskassen - Pensions- und Sterbekassen
66.02:	Pension funding - Pension funding
66.02:	Activités des caisses de retraite
66.02:	Fondi pensione
66.02:	Planes de pensiones
66.02:	Pensioenfondsen
66.02:	Pensionsforsikring

The equivalent CPC Code (Rev. 1.1) is

xxxx:

No Code defined

Translation of the Code description

523920:

Portfolio Management

(2019-08-02)

Alternative Spellings (synonyms): Managements

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