This fund will be given to the winner in her local currency over a period of 10 years." The winning nanny will also have a professional fund manager
. Last year, Filipino expat Melanie Manansala bagged approximately Dh70,000 after beating off her competition.
COL pointed out that, "one of the best advantages of buying into an index fund is you have a professional fund manager
handling the investment for you, so it re-ally is the simplest way to invest in the stock market."
It seems the government had been working on the plan for a while since the K-P government recruited a professional fund manager
last year on a hefty monthly pay cheque to explore investment opportunities which promise good returns.
"A professional fund manager
will help investors take advantage of the opportunities that volatility brings and mitigate potential risks as and when they are presented.
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 investing in a mutual fund instead of individual stocks, you don't have to watch the ticker tape even/day because a professional fund manager
is doing it for you.
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.