Portfellivälisinvesteeringud

Portfellivälisinvesteeringud, often translated as "out-of-portfolio investments" or "external portfolio investments," refer to investments made by an individual or institution outside of their primary or core investment portfolio. This concept is particularly relevant in the context of institutional investors like pension funds or large asset managers.

These investments are typically made with surplus capital or as a diversification strategy beyond the main asset classes or sectors that constitute the core portfolio. They might include alternative investments such as private equity, venture capital, hedge funds, real estate outside of the core holdings, commodities, or even direct investments in specific companies or projects. The goal is often to achieve higher returns, reduce overall portfolio risk through diversification, or gain exposure to specialized markets.

The decision to make portfellivälisinvesteeringud is usually driven by a thorough analysis of risk and return profiles, liquidity needs, and the investor's overall financial objectives. Such investments often come with higher fees, lower liquidity, and greater complexity compared to traditional investments, requiring a higher degree of due diligence and specialized expertise. The management of these external investments can also be delegated to external fund managers with specific expertise in those asset classes.