Financial Education

Investment managers often have a fiduciary duty to their clients, which means their investment actions must consider the portfolio’s appropriateness in terms of:

1. the needs and circumstances of the client
2. the basic characteristics of an investment
3. the basic characteristics of the overall portfolio

Since each of these factors can change over time, fiduciary duty requires actively monitoring each using a systematic process.

For more information, see all articles on: Active Management, Asset Allocation, Ethics, FInancial Planning, Governance, Institutional Investing, Investment Returns, Portfolio Management

See also:

Portfolio Monitoring: Security Characteristics

Portfolio Rebalancing: Cost/Benefit Analysis

The Portfolio Management Process

Portfolio Monitoring: Keeping Up With Changes in Investor Circumstances

Portfolio Monitoring and Rebalancing