Fund manager (2024)

An investment fund is a pool of money belonging to a number of different investors. which is used to collectively purchase securities (eg stocks, bonds or other assets). This method of investing helps to manage the risk profile of each individual’s investment portfolio and allows them to have access to a broader selection of investment opportunities than they would have if approaching the markets independently. Examples include hedge funds (which invest the assets of institutions and high-net-worth individuals to diversify risk and generate returns) and mutual funds (which invest the money of a number of investors in a diversified portfolio of assets). Funds may focus on specific types of investment (for example, renewable energy) and this allows investors to select funds that best represent their own investment goals and interests. The aim of every fund is to make a profitable return on investment.

Fund managers are financial investment experts who use their knowledge, skills and experience to invest money on behalf of their clients. With the guidance of the fund manager, an individual investor will choose a fund based on their investment objectives, risk appetite and fees involved. While each investor retains ownership and control of their assets, it is the role of a fund manager to make decisions about how a fund’s resources should be invested.

The fund manager is obligated to make investments that are compliant with the scheme rules and is paid to optimise returns in line with the level of risk of a particular fund. They are continually evaluated by financial planners and investors with regard to how well their funds perform and, while a market forces impact the performance of a fund, the manager's skills are a key factor. Successful fund managers can lead their fund to outperform market indexes and generate significant returns, and are in high demand.

Fund manager (2024)

FAQs

Who said I have something he'll never have enough? ›

This story starts at 02:55

Vonnegut turned to Heller and asked, “How does it make you feel that our host only yesterday may have made more money than your novel, Catch-22, earned in its entire history?” Heller replied, “Yeah, but I have something he doesn't have. I have enough.”

Who wrote Catch-22? ›

Catch-22, satirical novel by American writer Joseph Heller, published in 1961.

Which author said I have enough? ›

The centerpiece is Vonnegut's Joe Heller poem, one of the last things he published before he died. His message that reminding ourselves how much we have (rather than how much we want), that so many of us “have enough,” is timeless and especially fitting for the day.

Why was Catch-22 banned? ›

Catch-22 by Joseph Heller for "a handful of racial slurs, the characters speak with typical 'military men' misogyny and racist attitudes of the time. There are scenes of violence both hand to hand and with guns, and violence against women." The Things They Carried by Tim O'Brien for "profanity and sexual references".

What is the Catch-22 problem? ›

Meaning of catch-22 in English

a difficult situation in which the solution to a problem is impossible because it is also the cause of the problem: But it is a catch-22 situation - you can't get people without funding, but you can't get funding without the people there in the first place.

Is Catch-22 hard to read? ›

The book is famously confusing with opaque language, an extremely non-linear plot, and story elements that alternate between highly grounded, bizarre, and horrific with great speed. Despite this, Harper Lee, author of To Kill a Mockingbird, said that Catch-22 was the only war novel she ever read that made sense.

What is the story behind the phrase Catch-22? ›

The term gained currency as the title of a 1961 war novel by Joseph Heller, who referred to an Air Force rule whereby a pilot continuing to fly combat missions without asking for relief is regarded as insane, but is considered sane enough to continue flying if he does make such a request.

Is Catch-22 based on a true story? ›

The idea for Catch-22 was based on Joseph Heller's personal experience in World War II. The feelings that Yossarian and the other bomber crew felt were taken directly from problems he suffered while on duty. Heller flew 60 bombing missions from May to October in 1944.

What is the main message of Catch-22? ›

In Catch-22 (1961), Joseph Heller (1923-1999) uses humor and paradox to satirize the absurdity of war and the dehumanizing effects of large-scale bureaucracy. Having flown 60 missions during WWII, Heller had witnessed the devastation of conflict firsthand and was disturbed by the impact of the Cold War.

Who is the lead singer of Catch-22? ›

Biography. Catch 22 was formed by guitarist/vocalist Tomas Kalnoky and drummer Chris Greer who recruited trumpeter Kevin Gunther, who was working in a local record store.

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