What Is a Fund Manager? Responsibilities and Career Path
What Is a Fund Manager?
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, a percentage of the fund’s average assets under management (AUM). They can be found working in fund management with mutual funds, pension funds, trust funds, and hedge funds.
Key Takeaways
- Fund managers oversee mutual funds or pensions, manage analysts, conduct research, and make important investment decisions.
- Most fund managers are highly educated, have professional credentials, and possess management experience.
- Fund managers fall…
