BANKING AFFAIRS

Detailed explanation-1: -The fundamental objective of portfolio management is to help select best investment options as per one’s income, age, time horizon and risk appetite. Nonetheless, to make the most of portfolio management, investors should opt for a management type that suits their investment pattern.

Detailed explanation-2: -There are three main objectives of portfolio management which a wise bank follows: liquidity, safety and income. The three objectives are opposed to each other. To achieve on the bank will have to sacrifice the other objectives.

Detailed explanation-3: -The objective of portfolio management is to create and maintain a personalized plan for investing over the long term in order to meet an individual’s key financial goals. This means selecting a mix of investments that matches the person’s responsibilities, objectives, and appetite for risk.