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6420 - Asset management (holding)Definition / Belongs to this divisionThis division includes the activities of companies that hold shares (or other means of ownership) in other companies or enterprises (other than those in the financial sector) with the aim of exercising majority control over them. The holding company does not provide any other services to the businesses in which it has a capital investment, e.g. does not manage or direct entities.
It does not belong to this sectorThis division excludes:
- if the trustee exercises his influence not only through his shares but also plays a business management and economic management role, even if he exercises a management role over financial undertakings, see: 7010