See Also: Industry allocation(money)
Industry allocation(finance)
flick(6)(dictionary)
flick(3)(dictionary)
flick(4)(dictionary)
flick(5)(dictionary)
flick(1)(dictionary)
flick(2)(dictionary)
flick 2, noun(dictionary)
flick 1, verb(dictionary)

Flick, Friedrich (sh) and Industry allocation (finance)


Flick, Friedrich (sh)




born July 10, 1883, Ernsdorf, near Bonn, Ger.
died July 20, 1972, near Lake Constance, Switzerland

German industrialist.

Before World War II he built an industrial empire that included iron-ore and coal mines, steel mills, trucks, airplanes, and munitions. He became Adolf Hitler's biggest industrial supplier, and at the Nurnberg trials he was convicted of using slave labour in his mines and plants. Though much of his empire was confiscated, he later amassed another fortune in coal and steel, and at the time of his death was probably West Germany's wealthiest man.


Industry allocation (finance)


Investment of certain proportions of a portfolio in certain Industries. Sometimes called sector allocation.