Explain the role of investment management in allocating the bank funds?(Please Answer in 100 to 150 Words )
Investment management is in charge of handling financial assets and other investments. The role of investment managements in allocating banks funds is to ensure they meet specific investment goals that promote the well-being of the client whom they have a responsibility of protecting their money. Some of these clients are governments, individuals investors, and insurance companies. Most of the managers use investment mandates while investing huge funds to guide them on the suitable securities for their funds. Also, investment management ensures the tangible and intangible assets of the company are maintained that the reason they fund banks. Allocation of funds through investment managements optimizes the returns, this generate a lot of profits to the company.