Manager

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Manager

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 ?
"You are a detestable hypocrite and an idiot!" shouted the Party Manager.
Magdalen had made the most of her opportunities; she had learned all that the manager could teach her in the time.
Everybody felt that the difficulty lay here -- everybody saw the difficulty conquered -- everybody echoed the manager's enthusiasm at rehearsal, which had hailed her as a born actress.
Still mindful of the slur that had been cast on one of his best bedchambers, the manager took occasion to ask the travellers the next morning how they liked their room.
Informed of this objection later in the day, the manager regretted that he could only offer to the lady the choice of one other bedchamber, numbered Thirty-eight, and situated immediately over the bedchamber which she desired to leave.
Why, as he is now,' said the manager, striking his knee emphatically; 'without a pad upon his body, and hardly a touch of paint upon his face, he'd make such an actor for the starved business as was never seen in this country.
'And well I may,' rejoined the manager. 'I never saw a young fellow so regularly cut out for that line, since I've been in the profession.
The Manager bowed and then turned to Pinocchio and said: "Ready, Pinocchio!
Pinocchio obediently bent his two knees to the ground and remained kneeling until the Manager, with the crack of the whip, cried sharply: "Walk!"
The manager started, and sprang down from his high stool.
The astonished manager glanced over the blue papers which his visitor had handed him.
It was remarked that the jurors appeared to be deeply interested in a rapid conversation which the manager of the "Epoque" was having with Maitre Henri Robert.