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Investment entity?

What do you mean by an investments entity? Is the meaning same as parent entity? Can anyone explain with some examples?

asked Mar 26, 2013 in IAS 27 - Separate Financial Statements by anonymous
retagged Apr 23, 2013 by Mysio

1 Answer

0 votes
An investment entity is an entity that obtains funds from investors for the purpose of providing those investors with investment management services, commits to its investors that its business purpose is to invest funds solely for returns from capital appreciation and investment income.

Examples: Banking Institutions, Stockbrokers. . .

Thank you.
answered Mar 20, 2015 by Fusion01 Level 3 Member (5,690 points)