MSIC 663—Fund management activities

Where 663 sits

1. L Financial and Insurance/Takaful Activities
2. 66 Activities auxiliary to financial service and insurance activities
3. 663 Fund management activities

Contains 1 narrower code

• 6630 Fund management activities

What 663 includes

• This group includes portfolio and fund management activities, for instance making decisions on which investments to purchase or sell, on a fee or contract basis, for individuals, businesses and others, e.g., management of mutual funds, other investment funds, and pension funds. This group includes also activities of asset management, on a fee or contract basis.

What 663 excludes

• This group excludes dealing in financial markets on own-account (see class 6499) , management of real estate (see division 68) .

663 in other systems