Strategic Investment Group facts for kids
Private | |
Industry | Financial services |
Founded | 1987 |
Headquarters | Arlington, Virginia |
AUM | US$ 38 billion |
Strategic Investment Group, also known as Strategic Investment Partners, Inc. (or SIP), is a company in the United States. It helps people and organizations manage their money. SIP handles about US$38 billion for its clients. This company is famous for creating a special way of investing called "fund of funds." SIP was started in 1987 by six people who used to work for the World Bank.
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What is Strategic Investment Group?
Strategic Investment Group (SIP) is a company that helps other companies, charities, and wealthy families invest their money. They are like expert guides for investments. They aim to help their clients' money grow over time.
How Does an Investment Manager Work?
An investment manager like SIP takes money from clients and decides where to put it. This could be in stocks, bonds, or other types of investments. Their goal is to make smart choices so the money increases in value. They do a lot of research to find the best places to invest.
How Strategic Investment Group Started
SIP was founded in 1987. Six people who used to work for the World Bank started the company. The World Bank is a big international organization that helps countries develop. These six people had a lot of experience with managing large amounts of money. They decided to use their skills to create their own investment firm.
What is a Fund of Funds?
Strategic Investment Group is known for being a pioneer in something called a "fund of funds" strategy. This is a special way of investing.
Understanding Fund of Funds
Normally, when you invest, you might put your money directly into a single fund. A fund of funds is different. Instead of investing directly in stocks or bonds, it invests in other investment funds. Think of it like a basket that holds many smaller baskets, and each smaller basket holds different types of investments.
This strategy helps spread out the risk. If one of the smaller funds doesn't do well, the overall investment might still be okay because the money is spread across many different funds. It's a way to get a lot of variety in investments without having to pick each one individually.
How Much Money Does SIP Manage?
Strategic Investment Group manages about US$38 billion. This amount is called "assets under management" (AUM). It means the total value of all the investments that SIP handles for its clients. US$38 billion is a very large amount of money, showing that many big organizations trust SIP with their investments.