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Fund manager |
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Fund managerA City professional whose job is to decide how fund money is invested.Fund managers work for investment trusts, unit trusts and pension funds, and have considerable influence in the financial markets because of the weight of money behind them. If they decide to move funds out of a sector, or out of a company in a sector, their decision can affect the price of shares in a way that the decisions of private investors rarely do (except for the smallest stocks). Deciding which assets (shares, bonds, gilts, cash) the fund should allocate its money to is known as asset allocation.Some fund managers run active funds which aim to beat the market index by picking the best performing shares. Others run passive funds, which aim to match the performance of an index by tracking it. The management fees charged by active funds are higher than for passive funds because the fund manager has to do more work.Fund managerThe person whose responsibility it is to oversee the allocation of the pool of money invested in a particular mutual fund. The fund manager is charged with investing the money to attain the returns and level of risk of the mutual fund investors.Fund manager Similar MatchesLead managerLead managerThe commercial or investment bank with the primary responsibility for organizing syndicated bank credit or bond issued. The lead manager recruits additional lending or underwriting banks, negotiates terms of the issue with the issuer, and assesses market conditions. Managerial flexibilityManagerial flexibilityFlexibility in the timing and scale of investment provided by a real investment option. Investment managerInvestment managerThe individual who manages a portfolio of investments. Also called a portfolio manager or a money manager. Managerial decisionsManagerial decisionsDecisions concerning the operation of the firm, such as the choice of firm size, firm growth rates, and employee compensation. Association of Private Client Investment Managers and StockbrokersAssociation of Private Client Investment Managers and StockbrokersAn association formed in 1990 to represent the interests of stockbroking and investment management firms which specialise in the provision of services for private investors (Also known as private clients). Member stockbrokers are members of the London Stock Exchange and regulated by the Financial Services Authority (FSA). Investment management firms are also regulated by the FSA.http://www.apcims.co.uk. Further SuggestionsGrowth managerManager Comanager Syndicate manager Group rotation manager Financial Intermediaries Managers and Brokers Regulatory Association |
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