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Lead manager |
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Lead 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.Lead manager Similar MatchesFund managerFund 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. ComanagerComanagerA bank that ranks just below a lead manager in a syndicated Eurocredit or international bond issue. Comanagers may assist the lead manager bank in the pricing and issue of the instrument. Syndicate managerSyndicate managerSee: Managing underwriter Managerial flexibilityManagerial flexibilityFlexibility in the timing and scale of investment provided by a real investment option. Fund managerFund 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. Further SuggestionsManagerGrowth manager Group rotation manager Association of Private Client Investment Managers and Stockbrokers Investment manager Financial Intermediaries Managers and Brokers Regulatory Association Managerial decisions |
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