Fund Manager

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Definition of 'Fund Manager'

A fund manager is a professional who is responsible for investing the money of a fund, which is a pool of money that is invested in stocks, bonds, and other assets. Fund managers are typically employed by investment firms or banks, and they work with a team of analysts to research and select investments for the fund.

The primary goal of a fund manager is to generate returns for the fund's investors. To do this, fund managers must make investment decisions that are in line with the fund's investment objectives and risk tolerance. They must also monitor the performance of the fund's investments and make adjustments as needed.

Fund managers typically have a background in finance or economics, and they must have a strong understanding of the financial markets. They must also be able to make sound investment decisions under pressure, and they must be able to manage risk effectively.

Fund managers are paid a salary, and they may also receive bonuses based on the performance of the fund. The average salary for a fund manager is $120,000 per year, but salaries can range from $50,000 to $250,000 or more.

Fund managers play an important role in the financial markets. They help to allocate capital to productive investments, and they can help investors achieve their financial goals.

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