foreign institutional investor (FII)

Definition

A hedge fund, pension fund manager, mutual fund, bank, insurance company, large corporate buyer, or a representative agent for any of these parties that is registered to do business in a country other than where the investment instrument is being purchased. The investor takes positions in foreign financial markets on behalf of the institution in the home country.

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He was a foreign institutional investor and he worked really hard everyday to make sure everything was going well for us.

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You should try and find a good foreign institutional investor that will let you know about a good deal you may have missed.

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The foreign institutional investor contacted us to notify us of the international business deal that we had agreed to was complete.

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