Surplus management


 

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Surplus management

Related: Asset management



Surplus management

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Management charges

Management charges

Charges made by the managers of, for example, a mutual fund or unit trust which cover investment management and administration costs. Charges usually take the form of a percentage fee based on the value of the fund. The charges for unit trusts tend to be higher than for investment trusts (typically 1.5% as against under 1%). Tracker funds, which are passively managed to follow an index, are much cheaper to run, and the costs passed on to investors are correspondingly lower. Exchange-traded funds, a new type of collective fund imported from the USA, also have lower charges than conventional unit trusts.


Management buy in

Management buy in

The purchase of a company by outside investors who bring with them a new set of managers.


Property Management

Property Management

The branch of the real estate business dealing with the management of property. The property may be a rented house or a large office or industrial complex. The duties may range from merely collecting rents to complete management of all maintenance and may also include being leasing agent or sales agent.


Active Management

Active Management

The pursuit of investment returns in excess of a specified benchmark.


Active fund management

Active fund management

An investment approach that purposely shifts funds either between asset classes (asset allocation) or between individual securities (security selection).


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