No, asset classifications are mapped to PortfolioAnalyst's classification schema and can not be edited. Contact portfolioanalyst@interactivebrokers.com for any classification related issues.
Can I edit my asset classifications in PortfolioAnalyst?
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Can I remove withdrawals from Account Net Asset Value (NAV) of PortfolioAnalyst?
Do you offer a statement with a Net Asset Time Series Distribution?
Can I associate multiple notes to a single financial instrument?
Are returns GIPS compliant?