What is discretionary portfolio management?
全权委托投资管理是什么
Discretionary investment management is a form of investment management in which investment decisions are made by a portfolio manager or asset manager for the client’s account. The term “discretionary” refers to the fact that investment decisions are made at the discretion of the portfolio manager (DPM).
全权委托投资管理是一种投资管理形式，由投资组合经理或资产经理为客户账户做出投资决策。所谓 “全权”，是指投资决策由投资组合经理（DPM）自行决定。