Definition / Belongs to this divisionThis division includes portfolio and fund management activities on a fee or contract basis for individuals to enterprises:
- management of common funds
- management of other investment funds
- management of pension funds

Definition / Belongs to this divisionThis division includes:
- activities incidental to, or closely related to, insurance matters or group pension insurance (excluding financial intermediation, claims settlement and insurance brokerage):
- loss relief administration
- actuarial activity
It does not belong to this sectorThis division excludes:
- salvage of ships at sea, see 52.22