SSIC 66301—Traditional/long-only asset/portfolio management

Where 66301 sits

1. L Financial and insurance activities
2. 66 Activities auxiliary to financial service and insurance activities
3. 663 Fund management activities
4. 6630 Fund Management Activities
5. 66301 Traditional/long-only asset/portfolio management

What 66301 includes

• This sub-class includes the management of traditional/long-only asset/portfolio funds (i.e., invest primarily in equity, fixed income and cash equivalents) for individuals, businesses and/or others on a fee or contract basis.

What 66301 excludes

• Dealing in financial markets on own account, see 64999
• Hedge fund management, see 66302
• Property fund management (including REIT management and direct property fund management), see 66303
• Private equity firms, see 66304
• Venture capital activities, see 66305
• Single/multiple family offices activities (e.g., managing investments and trusts for a single or multiple families), see 66306
• Private debt funds, see 66307
• Collective portfolio investment funds with rental income, see 68105

66301 in other systems