Hi, I need some confirmation on my thinking. Please advice. Thank you so much.
I read:
Investment Banking provides:
financial advisory and capital-raising services to corporations, organizations and governments around the world.
Investment Management provides:
sophisticated investment products including mutual funds, separately managed accounts, and alternative investments for both individual and institutional investors.
So, what I think is:
Investment Banking is to look into corporations’ internal problems and see if there are needs to raise capital using methods like more issuance more stocks and bonds;
Investment Management is about managing corporations’ existing capital to invest them outside their own corporations like Investment Management manager would help corporation A to invest into a valued stock? and NO capital raising through issuing stocks and bonds?
Am I right about this?
Thank you again!
Investment Banking is Maoney Market as Investment Management is to Hedge Fund.