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A medium-level participant established according to final take.

Investment Manager

A person or, more often, a bank or business who controls an investment portfolio on behalf of a client. Investment managers make investment decisions on behalf of the client in accordance to the parameters set by the client. The goal is to make the most profit for the client as possible. Some investment managers have more autonomy than others, depending upon the client's needs and desires. Institutional investment managers normally hire a team to work on the different accounts it has under management. Unlike brokers, investment managers are not paid on commission, but rather by a percentage of the total amount of money under management. This gives the investment manager an incentive to work for the client's profit, as the more money the manager accumulates, the more he/she/it makes. An investment manager is also known as a money manager or portfolio manager. See also: Advisory account, Discretionary account, Markowitz Portfolio Theory.
References in classic literature ?
So conscious was the manager of the responsibility which devolved upon him in consequence of the great interests at stake that safes of the very latest construction have been employed, and an armed watchman has been left day and night in the building.
The manager, who had been listening with some restlessness to the conversation, now intervened.
The manager started, and sprang down from his high stool.
I'll tell you what," the manager went on persuasively.
They got the other manager that way," McTavish vouchsafed.
Henry mentioned it to his friends in the public room, in the hearing of the manager.
Well," persisted the Party Manager, "you will at least, I hope, indorse the party platform.
But, as his manager knew, it was a grand stand play.
Excuse my saying so,' said the manager, leaning over to Nicholas, and sinking his voice, 'but what a capital countenance your friend has got
Just at that time the manager was the only man supposed to have any right to candles.
The Manager, when introducing him to the public, added these words:
For a long time we were without news from him; but, a week ago, a stranger called upon our manager and said: 'Act in accordance with the instructions of Joseph Rouletabille, if it becomes necessary to do so.

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