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ManagerThe person or persons responsible for the overall investment decisions of a mutual fund.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. Lead 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. Syndicate managerSyndicate managerSee: Managing underwriter Financial Intermediaries Managers and Brokers Regulatory AssociationFinancial Intermediaries Managers and Brokers Regulatory AssociationThe self regulating organisation originally responsible for governing financial advisers. Became part of the PIA in 1994. Investment managerInvestment managerThe individual who manages a portfolio of investments. Also called a portfolio manager or a money manager. Further SuggestionsManagerial flexibilityComanager Growth manager Group rotation manager Association of Private Client Investment Managers and Stockbrokers Managerial decisions Fund manager |
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