The financial definition for Closed end management company:
An investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company.
Similar Matches
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).
Active Management
Active Management The pursuit of investment returns in
excess of a specified benchmark.
Asset management account
Asset management account Account at a brokerage house, bank, or savings institution that integrates banking services and brokerage features.