The management of investment portfolios of collective investment schemes, pension funds, insurance funds, hedge funds, and private equity would normally be considered to fall into the scope of:
Involves large-scale financial transactions and services for institutions like pension funds, hedge funds, and insurance funds.
Why the Answer is B
Managing portfolios of collective investment schemes and large funds is a hallmark of the wholesale sector, focused on institutional rather than retail clients.
Why Other Options are Incorrect
A. Retail financial sector: Caters to individual clients, not institutional portfolios.
C. Family offices: Focus on managing wealth for high-net-worth families.
D. Private banking: Primarily deals with individual high-net-worth clients.
ICWIM Study Guide, Chapter on Financial Market Segments: Differentiates wholesale and retail sectors.
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit