What does a fund manager do?

A fund manager is responsible for implementing a fund's investing strategy and managing its portfolio trading activities. The fund can be managed by one person, by two people as co-managers, or by a team of three or more people. Fund managers are paid a fee for their work, which is a percentage of the fund's average assets under management (AUM).

What is fund management?

Funds management can also refer to the management of fund assets. In the financial world, the term "fund management" describes people and institutions that manage investments on behalf of investors. An example would be investment managers who fix the assets of pension funds for pension investors. Fund management may be divided into four industries:

What makes a good fund manager?

The best fund managers can increase returns to your fund portfolio and create additional diversification. Between 2009 and 2019, the S&P 500 earned an average of about 13% annually. While this is tough to beat, the real test will be how investment managers perform during what promises to be a less robust stock market during the next 10 years.