ABSTRACT
Portfolio management means screening and purchasing assets, funding their acquisition, and supervising the resulting holdings. The principal task in managing any portfolio is to generate a return commensurate with investment risk or uncertainty, but putting the principle to work in practice differs according to investor purpose and the nature of the assets held. The portfolio may be composed of assets which are mainly marketable or mainly non-marketable, and in addition some of the assets may have highly specific characteristics. Whatever the case, a governance structure which meets the portfolio’s requirements will need to be selected.
