What is portfolio management?

Portfolio management is the process of creating and maintaining a well-diversified collection of investments that align with an individual's financial goals and risk tolerance. These include monitoring performances, setting goals, analyzing risk factors, and devising investment strategies.

What are the different types of portfolio management?

There are several ways people can manage their investment portfolios. The four distinct types of portfolio management are active, passive, discretionary and non-discretionary management. Investors who take a more active approach spend more time in their portfolios. They may also invest in actively managed funds that aim to outperform the market.

What are the key strategies involved in portfolio management?

The key strategies involved in portfolio management are asset allocation, diversification, rebalancing, and tax minimization. Consider speaking with a financial advisor who can assist you in analyzing your investment needs and developing an investment plan. What is the main objective of portfolio management?