Institutional investors include organizations such as insurance companies, depository institutions, pension funds, investment companies, and endowment funds, which invest in equity. They have a lot of influence in the management of corporates as they are entitled to exercise the voting rights. As institutional investors have the freedom to buy and sell shares in bulk, they can play a large part in deciding the fate of a company. Influencing the conduct of listed companies and providing them with capital are all part of the job of investment management.