Tools commonly used in the Investment Trusts industry for day-to-day tasks and operations.

• Asset Allocation Software
• Portfolio Management Software
• Risk Management Software
• Financial Modeling Software
• Trading Platforms
• Market Data Analytics Tools
• Investment Research Tools
• Performance Measurement Tools
• Compliance Management Software
• Accounting Software

Common products and services typical of NAICS Code 523940-04, illustrating the main business activities and contributions to the market.

• Real Estate Investment Trusts
• Infrastructure Investment Trusts
• Energy Investment Trusts
• Technology Investment Trusts
• Healthcare Investment Trusts
• Emerging Markets Investment Trusts
• Small-Cap Investment Trusts
• Large-Cap Investment Trusts
• Global Investment Trusts
• Fixed Income Investment Trusts

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Series 7: A license that allows individuals to sell securities products such as stocks, bonds, and mutual funds. It is issued by the Financial Industry Regulatory Authority (FINRA).
• Series 63: A license that allows individuals to solicit orders for any type of security in a particular state. It is issued by FINRA.
• Chartered Financial Analyst (CFA): A professional designation that signifies expertise in investment management. It is issued by the CFA Institute.
• Certified Financial Planner (CFP): A professional designation that signifies expertise in financial planning. It is issued by the Certified Financial Planner Board of Standards.
• Investment Adviser Representative (IAR): A license that allows individuals to provide investment advice to clients. It is issued by the state securities regulator.

A concise historical narrative of NAICS Code 523940-04 covering global milestones and recent developments within the United States.

• The Investment Trusts industry has a long history dating back to the 19th century. The first investment trust was established in the UK in 1868, followed by the US in 1893. The industry grew rapidly in the early 20th century, with the establishment of many new trusts. However, the Great Depression of the 1930s led to a decline in the industry, as many trusts went bankrupt. The industry recovered in the post-World War II period, with the introduction of new regulations and the growth of the mutual fund industry. In recent years, the industry has faced challenges from the rise of passive investing and the increasing popularity of exchange-traded funds (ETFs). In the United States, the Investment Trusts industry has a more recent history. The industry began to take shape in the 1980s, with the introduction of closed-end funds and the growth of the mutual fund industry. The industry experienced rapid growth in the 1990s, as investors sought out high returns in the booming stock market. However, the dot-com crash of the early 2000s led to a decline in the industry, as many trusts suffered losses. The industry has since recovered, with the introduction of new products and the growth of the ETF industry. Today, the Investment Trusts industry is a key part of the US financial sector, providing investors with a range of investment options.

The anticipated future trajectory of the NAICS 523940-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Investment Trusts industry in the USA is expected to grow in the coming years due to the increasing demand for investment opportunities. The industry is expected to benefit from the growing number of high net worth individuals and the increasing popularity of exchange-traded funds (ETFs). The industry is also expected to benefit from the growing demand for socially responsible investments. However, the industry may face challenges due to the increasing competition from other investment vehicles and the changing regulatory environment. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Investment Trusts industry, reflecting notable innovations that have reshaped its landscape.

• The Use Of Artificial Intelligence (AI) and Machine Learning In Investment Decision-Making: Investment Trusts are increasingly using AI and machine learning to analyze large amounts of data and make investment decisions. This technology can help Investment Trusts to identify investment opportunities and manage risk more effectively.
• The Rise Of Impact Investing: Impact investing is becoming increasingly popular among investors who want to make a positive social or environmental impact while earning a financial return. Investment Trusts are responding to this trend by launching impact investing funds that invest in companies that have a positive impact on society or the environment.
• The Growth Of Passive Investing: Passive investing, which involves investing in index funds or ETFs that track a market index, is becoming increasingly popular among investors. Investment Trusts are responding to this trend by launching their own ETFs and index funds.
• The Increasing Use Of Big Data: Investment Trusts are using big data to analyze market trends and make investment decisions. This technology can help Investment Trusts to identify investment opportunities and manage risk more effectively.
• The Growth Of Robo-Advisors: Robo-advisors are digital platforms that provide automated investment advice to clients. Investment Trusts are responding to this trend by launching their own robo-advisor platforms or partnering with existing robo-advisors to offer their services to clients.