Pooling: Difference between revisions
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1. | 1. ''Cash management.'' | ||
In cash management, pooling is a procedure in which excess funds in the bank accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed. | |||
2. | 2. ''Fund management.'' | ||
Pooling is the core principle of fund management, where individual investors with the same investment objective bring their moneys together in a single investment vehicle portfolio. | |||
In exchange for the moneys brought in, the investor receives a proportional share in the mutual fund’s underlying assets. | In exchange for the moneys brought in, the investor receives a proportional share in the mutual fund’s underlying assets. | ||
| Line 13: | Line 13: | ||
== See also == | == See also == | ||
* [[Cash concentration]] | * [[Cash concentration]] | ||
* [[CertICM]] | |||
* [[Multicurrency cross-border pooling]] | * [[Multicurrency cross-border pooling]] | ||
* [[Multicurrency one-country pooling]] | * [[Multicurrency one-country pooling]] | ||
* [[Notional pooling]] | |||
* [[Single legal account pooling]] | * [[Single legal account pooling]] | ||
* [[Sweep account]] | * [[Sweep account]] | ||
* [[Legal implications of cash pooling structures]] | |||
* [[The future of pooling]] | |||
* [[Vehicle]] | |||
* [[Virtual pooling]] | |||
[[Category:Cash_management]] | |||
Latest revision as of 13:31, 18 August 2021
1. Cash management.
In cash management, pooling is a procedure in which excess funds in the bank accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed.
2. Fund management.
Pooling is the core principle of fund management, where individual investors with the same investment objective bring their moneys together in a single investment vehicle portfolio.
In exchange for the moneys brought in, the investor receives a proportional share in the mutual fund’s underlying assets.
