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The Top500-Lexicon

The lexicon of the top500 ( The Encyclopedia for Classification Codes ) explains the codes and definitions in the world of economical classifications.

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

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.


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

Alternative Spellings (synonyms): Managements
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