Services for managing portfolios are offered by corporate intermediaries in order to increase the value of clients' fundamental securities. They are not investment-related services, but provide an advisory service that is carried out by an individual who is a portfolio manager.
In accordance with SEBI regulations, any person who conducts a contract to supervise, analyse or handle the administration of the client's securities is considered to be a portfolio manager.
A professional is legally obliged to handle the client's money in a responsible manner and to make thoughtful choices when it comes to choosing the best investment channel for the client. The premiere goal of a professional company of portfolio management in NZ is to make the portfolio according to the customer’s demand.
In the latter, the investments are in the hands of the manager who manages the portfolio. The client is not a participant and is not able to influence the direction of the investment. This is simply the opposite. The portfolio manager provides advice to investors, and the latter then makes his own decision.
If the idea of having your portfolio managed professionally could be appealing and rewarding There are some serious factors to take into consideration. PMS is expensive to access. It is essential to know your goals for investing both in the long-term and in the short-term before deciding on a service to manage your portfolio.