# Captive fund (also often referred to in German; more rarely fund as part of a financial institution)

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- Post ID: 588947
- Modified: 2023-07-25T21:00:14+00:00
- Language: en

## Definition

A capital management company owned by a bank or financial intermediary, or even operating as an operating unit of a monetary financial institution. - Contrast with the independent fund, which is often managed by an independent fund manager (promotor; promoter). - See order fund. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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