I mentioned earlier that nobody can time markets, but surely a professional fund manager
who does this for a living on a daily basis has more of an idea than your friends at the monthly share club meeting?
This would be a substantial multi-million-pound fund run by a professional fund manager
, with the Welsh Assembly Government and a private sector funder having equal stakes.
The ruling said that a prison term without suspension -- a rather harsh sentence for a defendant charged only with Securities and Exchange Law violations -- is appropriate as the crime was ''vicious'' and was committed by ''a professional fund manager
The bill calls for the organization of a "fund of funds" and the hiring of a qualified professional fund manager
to direct it.
By using a collective investment you are also spreading the risk by using a professional fund manager
to invest in a wide range of assets.
A professional fund manager
does all the buying and selling and is the hands-on decision maker.
For most of us who lack the time or the inclination to study the stock market, there is something comforting about the notion that a professional fund manager
is, in essence, making decisions on our behalf.
There is also the comfort that a professional fund manager
is carefully watching the market.
He added: "The City continues to churn out noise on a daily basis that makes people believe they need to engage a professional fund manager
to try to beat the market - you don't.
Taking the long-term view is easiest done through collective investment schemes - unit trusts/mutual funds - which pool investors' cash and employ a professional fund manager
, backed by a team of investment analysts, to pick the best companies/stocks and shares to invest in.
EISs are clearly even higher risk investments that VCTs, but it is possible to build up a portfolio of EISs in different companies, or even have your portfolio managed by a professional fund manager
The task of professional fund manager
is to anticipate future market trends and make rational investment decisions to realise both capital growth and steady earnings streams for clients.