The institutional cluster of funds refers to the same type of investment fund companies, investment managers or investors taking joint measures to invest in a certain asset or market in order to obtain more benefits. Holding a group strategy can help fund companies reduce investment risks, because the cooperation of multiple institutions can share the risks that a single institution may encounter equally.

The influence of fund institutions on the market is also very significant. When multiple fund companies or investors adopt the same investment strategy, the funds in the market will gather in specific markets or assets, thus pushing up or down the prices of these assets. In this case, fund institutions may have an impact on the long-term trend of the market and the long-term price trend.

However, there are also some problems and risks in the institutional cohesion of the IMF. Some fund companies may participate in some speculative group activities, which greatly increases the investment risk. Some institutions may also take improper measures to participate in group actions, such as manipulating the market and other serious illegal acts. Therefore, when investing in a group, regulators also need to continuously monitor these behaviors to ensure the fairness and transparency of the market.