Answer:
First we have to get the clear picture about what is investment
Investment:
Use of money (Financial Assets) in the hope of making more money by Balancing the risk is called investment or Purchase of financial products with the expectations of favorable future returns.
Now we must have to know what is portfolio:
Portfolio:
Collection of all investments owned by the same individual or by same organization is called portfolio.
Example:
Like if Mr zajjad have $ 200,000/- with him and he want to get healthy returns from his amount by trying to minimize the risk and maximize his profit he allocated his money as
Equities: $ 60,000/- which means 30% of his amount
Bonds: $ 100,000/- which is the 50% of his amount that he want to invest
Treasury Bills: $ 30,000/- which is 15%
Sukuk Bonds: $10,000/- which is 5%
So here above Mr zajjad make a portfolio of 4 different instruments some are from capital market and some are from money and Islamic instruments.
so it is very easy for any one to understand what is Investment Portfolio Management:
" The process of managing the portfolio of different investments is called Investment Portfolio management."